Jere D Creed Family Foundation Inc
- Assets
- $348.8k
- Revenue
- $112.0
- Investments
- $121.7k
- Employees
- 0
- Location
- Hixson, TN
- Founding
- 06/1998
- Data as of
- 04/2023
- EIN
- 65-0758339
Organization Overview
Jere D Creed Family Foundation Inc is located in Hixson, TN. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Jere D Creed Family 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 04/2023, Jere D Creed Family Foundation Inc generated $112.0 in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $10.8k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jere D Creed President | 2 | $0 | |
Karen L Creed Vice President | 2 | $0 | |
Neil J Principe Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $112 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $900 |
| Contributions, gifts, grants paid | $9,923 |
| Total expenses and disbursements | $10,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $227,163 |
| 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 | $121,668 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $348,831 |
| 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, Jere D Creed Family Foundation Inc has awarded $9,923 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
OUR SAVIOR LUTHERAN CHURCH PURPOSE: RELIGIOUS | $1,500 |
SAMARITANS PURSE PURPOSE: DISASTER RELIEF | $1,000 |
FOOD FOR THE HUNGRY PURPOSE: GENERAL PURPOSE | $488 |
ST JUDE'S CHILDREN'S RESEARCH HOSPI PURPOSE: MEDICAL | $300 |
CROSS OF CHRIST LUTHERAN CHURCH PURPOSE: RELIGIOUS | $5,600 |
DALLAS BAY VOLUNTEER FIRE RESCUE PURPOSE: GENERAL USE | $35 |