Lott-Samford Family Charitable Foundation
- Assets
- $968.1k
- Revenue
- $84.8k
- Investments
- $939.7k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 01/1998
- Data as of
- 11/2023
- EIN
- 58-6355963
Organization Overview
Lott-Samford Family Charitable Foundation is located in Mobile, AL. The organization was established in 1998. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Lott-Samford Family Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Lott-Samford Family Charitable Foundation has awarded 55 individual grants totaling $195,750. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Austill S Lott Co-Trustee | 1 | $0 | |
Victor H Lott Jr Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $28,875 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,907 |
| Capital Gain Net Income | $55,907 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23 |
| Total Revenue | $84,807 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $171 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,815 |
| Contributions, gifts, grants paid | $54,000 |
| Total expenses and disbursements | $70,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,393 |
| 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 | $939,679 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $968,072 |
| 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 |
Grants Awarded
Over the last fiscal year, Lott-Samford Family Charitable Foundation has awarded $54,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB PURPOSE: SUPPORT FOR OPERATING EXPENSES | $25,000 |
DAUPHIN ISLAND FOUNDATION PURPOSE: SUPPORT TO FOUNDATION EXPENSES | $250 |
MOBILE LAW ENFORCEMENT FOUNDATION PURPOSE: SUPPORT TO FOUNDATION EXPENSES | $1,000 |
MOBILE MUSEUM OF ART PURPOSE: SUPPORT FOR OPERATING EXPENSES | $1,000 |
SOUTH ALABAMA VOLUNTEER LAWYERS PURPOSE: SUPPORT FOR OPERATING EXPENSES | $750 |
ST PAUL'S EPISPOCAL CHURCH PURPOSE: SUPPORT FOR CHURCH OPERATING EXPENSES | $5,000 |