The G V Sonny Montgomery Foundation is located in Collinsville, MS. The organization was established in 2000. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. G V Sonny Montgomery 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, G V Sonny Montgomery Foundation generated $224.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $222.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, G V Sonny Montgomery Foundation has awarded 222 individual grants totaling $1,121,463. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bradley J Crawford Executive Di | 12 | $20,000 | |
Fred Sullivan Director/vic | 0.25 | $0 | |
Ronnie Walton Director/sec | 0.25 | $0 | |
Pamela C Steverson CPA Director/acc | 0.25 | $0 | |
Alex B Weddington Jr Director/tre | 0.25 | $0 | |
Sid Salter Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $18,409 |
Dividends & Interest | $44,650 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $158,974 |
Capital Gain Net Income | $158,974 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $2,582 |
Total Revenue | $224,615 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $20,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,987 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $6,027 |
Total operating and administrative expenses | $56,501 |
Contributions, gifts, grants paid | $165,750 |
Total expenses and disbursements | $222,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,692 |
Savings and temporary cash investments | $16,836 |
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 | $371,256 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,159,177 |
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 | $480 |
Total liabilities | $480 |
Over the last fiscal year, The G V Sonny Montgomery Foundation has awarded $165,750 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
AIR FORCE ASSOCIATION CH PURPOSE: EDUCATIONAL | $1,000 |
AIR NATIONAL GUARD CLUB PURPOSE: CONTRIBUTION | $1,000 |
ALL AMERICAN SERVICE PERS PURPOSE: CONTRIBUTION | $500 |
CHOCTAW AREA COUNCIL 302 PURPOSE: CONTRIBUTION | $1,000 |
ARMY NATIONAL GUARD UNIT PURPOSE: CO B, 1ST BN, 111TH AVIATION REGIMEN | $1,000 |
EAST MS BUSINESS DEVELOPMENT CORP PURPOSE: LEADERSHIP LAUDERDALE JR & SR PROGRA | $2,500 |