Suzanne Lafollette Culley Charitable Foundation
- Assets
- $151.6k
- Revenue
- $3.8k
- Investments
- $129.6k
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 68-0413268
Organization Overview
Suzanne Lafollette Culley Charitable Foundation is located in Stamford, CT. The organization was established in 1998. 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. Suzanne Lafollette Culley Charitable 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 12/2023, Suzanne Lafollette Culley Charitable Foundation generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Suzanne Lafollette Culley Charitable Foundation has awarded 21 individual grants totaling $123,845. 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 |
|---|---|---|---|
Suzanne Lafollette Culley President | 1 | $0 | |
Maryly Culpepper Vp/sect | 20 | $20,283 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750 |
| Interest on Savings | $110 |
| Dividends & Interest | $2,899 |
| 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 | $3,759 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $135 |
| Total operating and administrative expenses | $24,170 |
| Contributions, gifts, grants paid | $2,500 |
| Total expenses and disbursements | $26,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,652 |
| Savings and temporary cash investments | $0 |
| 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 | $9,277 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,058 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $151,567 |
| 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, Suzanne Lafollette Culley Charitable Foundation has awarded $19,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FONTENAY CHAMBER PLAYERS PURPOSE: GENERAL | $16,500 |
MUSIC IN THE WOODS PURPOSE: GENERAL | $3,000 |