C Scott And Muriel S Mayfield Family Foundation
- Assets
- $1.1m
- Revenue
- $27.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Lakeland, TN
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 62-1740682
Organization Overview
C Scott And Muriel S Mayfield Family Foundation is located in Lakeland, TN. 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. C Scott And Muriel S Mayfield Family Foundation 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, C Scott And Muriel S Mayfield Family Foundation generated $27.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $88.2k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 7 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 2016, C Scott And Muriel S Mayfield Family Foundation has awarded 67 individual grants totaling $464,877. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Scott Mayfield Jr Director | 1 | $0 | |
Elaine M Cathcart President | 2 | $0 | |
Clarice M Baggett Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,978 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $13,018 |
| Contributions, gifts, grants paid | $75,204 |
| Total expenses and disbursements | $88,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,859 |
| 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 | $1,077,353 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,099,212 |
| 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, C Scott And Muriel S Mayfield Family Foundation has awarded $75,204 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ATHENS AREA COUNCIL FOR THE ARTS PURPOSE: CHARITABLE DONATION | $7,500 |
MCMINN COUNTY EDUCATION FOUNDATION PURPOSE: CHARITABLE DONATION | $20,000 |
MCMINN COUNTY LIVING HERITAGE MUSEUM PURPOSE: CHARITABLE DONATION | $16,704 |
CASA CORRIDOR OF EAST TENNESSEE PURPOSE: CHARITABLE DONATION | $3,000 |
CASA MONROE PURPOSE: CHARITABLE DONATION | $3,000 |
TENNESSEE WESLEYAN UNIVERSITY PURPOSE: CHARITABLE DONATION | $5,000 |