Hardeman-Steele Foundation Inc
- Assets
- $0.0
- Revenue
- $108.9k
- Investments
- $423.9k
- Employees
- 0
- Location
- Greenwood, MS
- Founding
- 03/1995
- Data as of
- 06/2020
- EIN
- 64-0853619
Organization Overview
Hardeman-Steele Foundation Inc is located in Greenwood, MS. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hardeman-Steele Foundation Inc 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 06/2020, Hardeman-Steele Foundation Inc generated $108.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $72.9k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William David Lott President | 0 | $0 | |
Sanford C Thomas Director | 0 | $0 | |
Thomas M Flanagan Director | 0 | $0 | |
Robert T Hardeman Jr Director | 0 | $0 | |
Jody Acosta Director | 0 | $0 | |
Eleanor Acosta Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,852 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,944 |
| Total Revenue | $108,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $12,938 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $72,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $423,855 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hardeman-Steele Foundation Inc has awarded $120,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE CHURCH OF THE NATIVITY PURPOSE: UNRESTRICTED | $40,000 |
THE CHURCH OF THE NATIVITY PURPOSE: UNRESTRICTED | $40,000 |
THE LOUISE THALHEIMER TRUST PURPOSE: UNRESTRICTED SUPPORT | $20,000 |
THE LOUISE THALHEIMER TRUST PURPOSE: UNRESTRICTED SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
Eleanor And J Hunter Flack Foundation Inc Elba, AL | $20,847,468 | $26,270,668 |
Stuller Family Foundation Lafayette, LA | $107,406,256 | $12,627,444 |
Msb Cockayne Fund Inc Nashville, TN | $29,612,737 | $3,554,460 |
Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 Birmingham, AL | $42,171,764 | $7,643,863 |
Maddox Foundation Hernando, MS | $8,883,124 | $1,526,980 |
Ferguson Family Baptist Missionary And Educational Fndn Ltd Arkadelphia, AR | $54,167,805 | $9,055,098 |
Mike And Gillian Goodrich Charitable Foundation Birmingham, AL | $99,344,720 | $8,200,320 |