Bienville Parish Educational Fund
- Assets
- $1.0m
- Revenue
- $36.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Castor, LA
- Founding
- 07/1998
- Data as of
- 12/2018
- EIN
- 72-1348191
Organization Overview
Bienville Parish Educational Fund is located in Castor, LA. The organization was established in 1998. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Bienville Parish Educational Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S PRIMARY MISSION IS TO SUPPORT PUBLIC EDUCATION IN BIENVILLE PARISH, LA. ACTIVITIES AND PROGRAMS ARE CONTINGENT UPON MEMBERSHIP DUES, DONATIONS, AND REVENUES EARNED. PROGRAMS INCLUDE STUDENT AND TEACHER AWARDS AND SCHOLARSHIPS AWARDED FROM THREE ENDOWMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ADMINISTERS THREE ENDOWMENT FUNDS WHOSE ACCRUED REVENUE IS SPECIFICALLY TARGETED TO YEARLY GRADUATING SENIORS FROM THE CASTOR HIGH SCHOOL AND SALINE HIGH SCHOOL(SEE SCH. 1 PART IV). THESE FUNDS WERE ESTABLISHED BY FORMER STUDENTS, TEACHERS, FRIENDS, AND SUPPORTERS OF THE SCHOOLS AND COMMUNITIES THEY REPRESENT. GRADUATING SENIORS FROM CASTOR HIGH SCHOOL MAY APPLY FOR A $2000 (2 YEAR) OR FOR A $5000 (4 YEAR) SCHOLARSHIP. THE $2000 AWARD IS RESTRICTED TO STUDENTS PLANNING TO MAJOR IN EDUCATION (PREFERABLY ELEMENTARY). THE $5000 SCHOLARSHIP IS NOT RESTRICTEDAND IS OPEN TO ANY WHO QUALIFY. THE SALINE HIGH SCHOOL ENDOWMENT WAS ESTABLISHED BY A NOW DECEASED FORMER TEACHER AND RESIDENT OF THAT COMMUNITY FOR $4000 (4 YEAR) SCHOLARSHIP AND HAS SIMILAR CRITERIA FOR APPLICATION AND RETENTION AS DO THE CASTOR SCHOLARSHIPS. UNLIKE THE TWO PRIOR SCHOLARSHIPS MENTIONED, HOWEVER, THE SALINE AWARD IS MADE TO AS MANY STUDENTS AS CAN BE FUNDED BY THE ENDOWMENTS YEARLY GENERATED REVENUE.
THE FOUNDATION IN CONJUNCTION WITH THE PARISH SCHOOL SYSTEM RECOGNIZES AND AWARDS THOSE INDIVIDUALS CHOSEN ANNUALLY AS STUDENT OF THE YEAR, TEACHER OF THE YEAR, AND EMPLOYEE OF THE YEAR IN BIENVILLE PARISH AND RECOGNIZES STUDENTS THAT PLACE AT THE STATE ACADEMIC RALLY. THESE MONETARY AWARDS, WITH APPROPRIATE PUBLICITY, HIGHLIGHT THE ACHIEVEMENTS OF THOSE SELECTED AND THE SCHOOLS THEY REPRESENT. THE REPRESENTED DIVISIONS INCLUDE: ELEMENTARY, JUNIOR HIGH, AND HIGH SCHOOL STUDENTS, TEACHERS, AND SUPPORT PERSONNEL. SELECTED STUDENTS RECEIVE $75.00 CASH AWARDS, SELECTED TEACHERS RECEIVE $250.00 CASH AWARDS, SELECTED SUPPORT PERSONNEL RECEIVE $100.00 CASH AWARDS, AND ACADEMIC RALLY WINNERS RECEIVE $50.00 CASH AWARDS. THE RECIPIENTS OF THESE AWARDS ARE SELECTED BY A COMMITTEE COMPOSED OF COMMUNITY CITIZENS AND PARISH EDUCATORS. THE COMMITTEE MEMBERS ARE ROTATED EACH YEAR. AWARDS ARE PRESENTED BY THE FOUNDATION PRESIDENT AND THE ACTIVITIES AND GOALS OF THE FOUNDATION ARE PRESENTED AT THE PUBLIC MEETING AT WHICH THE AWARDS ARE MADE, WITH AN AIM TO INCREASE THE ORGANIZATIONS MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonita Hall President | OfficerTrustee | 2 | $0 |
Vickie Pickett Vice President | OfficerTrustee | 1 | $0 |
Cathey Crain Secretary | OfficerTrustee | 1 | $0 |
Billy Don Rogers Treasurer | OfficerTrustee | 1 | $0 |
William Britt Supt Bien Pari Executive Dir. | Trustee | 1 | $0 |
Bobby J Watts Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,038 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,718 |
| Total Program Service Revenue | $0 |
| Investment income | $35,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,909 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $18,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,823 |
| Savings and temporary cash investments | $11,379 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $978,572 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,000,774 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $36,998 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,998 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $963,776 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $963,776 |