James M Thomas And Luvie C Thomas Foundation
- Assets
- $0.0
- Revenue
- $204.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- Oxford, MS
- Founding
- 10/1997
- Data as of
- 05/2021
- EIN
- 72-1394262
Organization Overview
James M Thomas And Luvie C Thomas Foundation is located in Oxford, MS. The organization was established in 1997. 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. James M Thomas And Luvie C Thomas 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 05/2021, James M Thomas And Luvie C Thomas Foundation generated $204.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $182.2k during the year ending 05/2021. While expenses have increased by 3.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
James K Dossett Jr Vice-President/secretary | 0.5 | $1,500 | |
Ashley Crawford Jones Director | 0.5 | $0 | |
Amy Thomas Crawford Treasurer | 0.5 | $0 | |
Laura Crawford Rackley Director | 0.5 | $0 | |
Carol Thomas Barnes President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $79,816 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,702 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,599 |
| Contributions, gifts, grants paid | $179,580 |
| Total expenses and disbursements | $182,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,123,109 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, James M Thomas And Luvie C Thomas Foundation has awarded $179,580 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Jackson, MS PURPOSE: FUND THE NEEDS OF CRITICAL CARE FAMILY CENTER AND CHAPEL AT MISSISSIPPI BAPTIST MEDICAL CENTER | $50,000 |
FIRST BAPTIST CHURCH CARTHAGE MISSISSIPPI PURPOSE: FUND SPECIAL PROJECTS OF FIRST BAPTIST CHURCH, CARTHAGE, MS | $30,000 |
Jackson, MS PURPOSE: FUND SCHOLARSHIPS FOR SEMINARY STUDENTS | $26,000 |
MISSISSIPPI BAPTIST CONVENTION PURPOSE: SUPPORT OF SOUTHERN BAPTIST CONVENTION DISASTER RELIEF EFFORTS DUE TO HURRICANES LAURA & SALLY | $25,000 |
Clinton, MS PURPOSE: FUND CURRENT AND ENDOWED SCHOLARSHIPS | $15,000 |
Shreveport, LA PURPOSE: FUND EDUCATIONAL MINISTRIES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
Town Branch Foundation Bentonville, AR | $511,930,269 | $39,195,874 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
Zoma Foundation Bentonville, AR | $228,655,575 | $19,208,599 |
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
The William B Wiener Jr Foundation Shreveport, LA | $23,196,478 | $3,677,470 |
Bashinsky Foundation Inc Birmingham, AL | $2,626,965 | $3,568,518 |