Loyce & Annette Turner Foundation Inc is located in Valdosta, GA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loyce & Annette Turner Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Loyce & Annette Turner Foundation Inc generated $500.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.6% each year . All expenses for the organization totaled $117.6k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Loyce & Annette Turner Foundation Inc has awarded 71 individual grants totaling $294,761. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNETTE HOWELL TURNER CENTER FOR THE ARTS, 527 N. PATTERSON ST. VALDOSTA, GA 31602
CHAPEL AND YORK FOUNDATION, 155 E. 44TH ST., 6 FLOOR, SUITE 34, NEW YORK, NY 10017
MADISON SQUARE PARK CONSERVATORY, P.O. BOX 1814 NEW YORK, NY, 10159
GEORGIA PUBLIC BROADCASTING, 260 14TH ST. NW, ATLANTA, GA 30318
Name (title) | Role | Hours | Compensation |
---|---|---|---|
L Warren Turner Jr Director | 5 | $2,500 | |
Sally T Querin Director | 5 | $2,500 | |
Susan Turner Director | 5 | $2,500 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $33 |
Dividends & Interest | $39,736 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$798,280 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,259,118 |
Total Revenue | $500,607 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $7,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $30 |
Total operating and administrative expenses | $15,700 |
Contributions, gifts, grants paid | $101,892 |
Total expenses and disbursements | $117,592 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $195,390 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,204,984 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Loyce & Annette Turner Foundation Inc has awarded $101,892 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
GEORGIA CONSERVANCY PURPOSE: CONSERVATION | $2,000 |
GIRLS ON THE RUN PURPOSE: HUMANITARIAN | $1,000 |
GEORGIA PUBLIC BROADCASTING PURPOSE: EDUCATION | $10,946 |
HABITAT FOR HUMANITY INC PURPOSE: AFFORDABLE HOUSING | $5,000 |
HOSPICE OF SOUTH GEORGIA PURPOSE: HOSPICE CARE | $5,000 |
MADISON SQUARE PARK CONSERVATORY PURPOSE: PARK ENHANCEMENT | $5,000 |