Fortier Foundation Inc
- Assets
- $215.3k
- Revenue
- $38.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ripley, MS
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 64-0915697
Organization Overview
Fortier Foundation Inc is located in Ripley, MS. The organization was established in 2000. 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. Fortier 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 12/2022, Fortier Foundation Inc generated $38.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $55.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fortier Foundation Inc has awarded 96 individual grants totaling $547,741. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,170 |
| Interest on Savings | $7 |
| Dividends & Interest | $1,131 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,059 |
| Capital Gain Net Income | $9,428 |
| Net ST Capital Gain | $9,428 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $34,813 |
| Total Revenue | $38,180 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $704 |
| Taxes | $145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38 |
| Total operating and administrative expenses | $1,812 |
| Contributions, gifts, grants paid | $54,025 |
| Total expenses and disbursements | $55,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183 |
| Savings and temporary cash investments | $215,088 |
| 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 | $215,271 |
| 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, Fortier Foundation Inc has awarded $54,025 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: FOR THE MINISTRY OF FIRST UNITED METHODIST CHURCH | $8,400 |
NATCHEZ TRACE COUNCIL OF BOY SCOUTS PURPOSE: PROVIDE SCHOLARSHIPS FOR MEMBERS OF BOY SCOUTS | $3,000 |
RIPLEY HIGH SCHOOL PURPOSE: SUPPORT PUBLIC EDUCATION IN RIPLEY, MS | $3,125 |
RIPLEY ROTARY CLUB COATS FOR KIDS PURPOSE: TO HELP BUY COATS FOR NEEDY CHILDREN | $10,000 |
AMERICAN LEGION PURPOSE: PROVIDE TOYS FOR NEEDY CHILDREN | $1,000 |
ST JUDE CHILDREN'S HOSPITAL PURPOSE: RESEARCH FOR ILLNESSES OF CHILDREN | $10,000 |