Braswell Fund
- Assets
- $0.0
- Revenue
- $23.6k
- Investments
- $301.5k
- Employees
- 0
- Location
- Madison, GA
- Founding
- 11/1994
- Data as of
- 06/2022
- EIN
- 58-6033308
Organization Overview
Braswell Fund is located in Madison, GA. The organization was established in 1994. According to its NTEE Classification (T30) the organization is classified as: Public 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. Braswell Fund 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 06/2022, Braswell Fund generated $23.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $45.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Braswell Fund has awarded 50 individual grants totaling $102,133. 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
THE FUND PROVIDED SCHOLARSHIP FUNDS TOWARDS COLLEGE TUITION AND OTHER NECESSARY EXPENSES FOR SCHOLARSHIP WINNERS. FOR THE 2021 TAX YEAR, THE FUND AWARDED 9 SCHOLARSHIPS FOR $1,800 EACH AND 12 FOR $1,500 EACH.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $10 |
| Dividends & Interest | $5,695 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $11,246 |
| Contributions, gifts, grants paid | $34,200 |
| Total expenses and disbursements | $45,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,587 |
| Investments—mortgage loans | $0 |
| Investments—other | $258,742 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Braswell Fund has awarded $34,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF GEORGIA PURPOSE: SCHOLARSHIP | $9,600 |
GEORGIA MILITARY COLLEGE PURPOSE: SCHOLARSHIP | $3,300 |
ABRAHAM BALDWIN AGRICULTURAL COLLEG PURPOSE: SCHOLARSHIP | $1,500 |
KENNESAW STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,800 |
ATHENS TECHNICAL COLLEGE PURPOSE: SCHOLARSHIP | $1,500 |
FUTURE DENTAL ASSISTANTS OF ATLANTA PURPOSE: SCHOLARSHIP | $1,800 |