H E Storer Charitable Foundation
- Assets
- $1.1m
- Revenue
- $223.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 07/1988
- Data as of
- 12/2022
- EIN
- 72-1089985
Organization Overview
H E Storer Charitable Foundation is located in Shreveport, LA. The organization was established in 1988. 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. H E Storer 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 12/2022, H E Storer Charitable Foundation generated $223.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $55.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, H E Storer Charitable Foundation has awarded 82 individual grants totaling $246,239. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,012 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $196,290 |
| Capital Gain Net Income | $196,290 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $223,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $56 |
| Taxes | $1,369 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,100 |
| Contributions, gifts, grants paid | $53,160 |
| Total expenses and disbursements | $55,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $982,044 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,080,160 |
| 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 | $484 |
| Total liabilities | $484 |
Grants Awarded
Over the last fiscal year, H E Storer Charitable Foundation has awarded $53,160 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN SERVICES PURPOSE: CHARITABLE | $2,000 |
COUNCIL ON ALCOHOLISM & DRUG ABUSE NWLA PURPOSE: CHARITABLE | $1,000 |
COMMON GROUND COMMUNITY PURPOSE: CHARITABLE | $4,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: CHARITABLE | $2,000 |
FOOD BANK OF NWLA PURPOSE: CHARITABLE | $1,000 |
GINGERBREAD HOUSE PURPOSE: CHARITABLE | $2,000 |