The Gene & Charlotte Brown Foundation Inc
- Assets
- $147.2k
- Revenue
- $3.9k
- Investments
- $147.2k
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 11/1995
- Data as of
- 03/2019
- EIN
- 63-1151490
Organization Overview
The Gene & Charlotte Brown Foundation Inc is located in Montgomery, AL. The organization was established in 1995. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations.
For the year ending 03/2019, Gene & Charlotte Brown Foundation Inc generated $3.9k 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 (9.0%) each year. All expenses for the organization totaled $40.2k during the year ending 03/2019. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gene & Charlotte Brown Foundation Inc has awarded 25 individual grants totaling $157,200. 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 |
|---|---|---|---|
C Eugene Brown Pres-Dir | 0 | $0 | |
Charlotte J Brown Sec-Treas-Di | 0 | $0 | |
David M Brown Director | 0 | $0 | |
Holly B Magargee Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55 |
| Dividends & Interest | $2,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,014 |
| Capital Gain Net Income | $1,014 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $86 |
| Total Revenue | $3,938 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $15 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $1,977 |
| Contributions, gifts, grants paid | $38,200 |
| Total expenses and disbursements | $40,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33 |
| 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 | $24,029 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $147,186 |
| 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, The Gene & Charlotte Brown Foundation Inc has awarded $38,200 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PATH FOUNDATION PURPOSE: GENERAL PURPOSES | $10,000 |
SALVATION ARMY PURPOSE: GENERAL PURPOSES | $1,000 |
CHILD EVANGELISM FELLOWSHIP PURPOSE: GENERAL PURPOSES | $4,000 |
BIG OAK RANCH PURPOSE: GENERAL PURPOSES | $7,000 |
FRAZER METHODIST CHURCH PURPOSE: GENERAL PURPOSES | $5,000 |
BIBLE IN THE SCHOOLS PURPOSE: GENERAL PURPOSES | $1,000 |