Press On Foundation Tr
- Assets
- $0.0
- Revenue
- $130.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ponte Vedra, FL
- Founding
- 10/1998
- Data as of
- 12/2022
- EIN
- 59-7124858
Organization Overview
Press On Foundation Tr is located in Ponte Vedra, FL. 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. Press On Foundation Tr 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, Press On Foundation Tr generated $130.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (61.1%) each year. All expenses for the organization totaled $42.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert B Mitchell Trustee | 0 | $0 | |
Georgeanne Rousseau Trustee | 0 | $0 | |
Ciscott Mitchell Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $130 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $133 |
| Total operating and administrative expenses | $3,133 |
| Contributions, gifts, grants paid | $39,353 |
| Total expenses and disbursements | $42,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Press On Foundation Tr has awarded $39,353 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
PRESBYTERIAN DAY SCHOOL PURPOSE: EDUCATIONAL | $5,000 |
CHRIST EPISCOPAL CHURCH PURPOSE: EDUCATIONAL | $3,300 |
OLGC DEV OFFICE PURPOSE: EDUCATIONAL | $2,500 |
THE GLIMMERGLASS FESTIVAL PURPOSE: ARTS | $1,000 |
WMHT EDUCATIONAL TELECOMMUNICATIONS PURPOSE: EDUCATIONAL | $250 |
CHRIST EPISCOPAL CHURCH PURPOSE: EDUCATIONAL | $2,000 |