Langston Fund is located in Booneville, MS. The organization was established in 2004. 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. Langston Fund 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 12/2021, Langston Fund generated $3.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL ASSISTANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peggy Shinault Director | 0 | $0 | |
David Horn Director | 0 | $0 | |
Tracie Langston Treasurer | 5 | $0 | |
Colby Langston Director | 0 | $0 | |
Barbara Long Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,000 |
Interest on Savings | $0 |
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 | $3,000 |
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 | $590 |
Total operating and administrative expenses | $1,485 |
Contributions, gifts, grants paid | $1,650 |
Total expenses and disbursements | $3,135 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,966 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,966 |
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 |
Over the last fiscal year, Langston Fund has awarded $3,088 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
MICHAEL ROWE PURPOSE: CHRISTMAS HELP FOR CHILDREN | $750 |
KEVIN CURTIS PURPOSE: CHRISTMAS HELP FOR CHILDERN | $500 |
JUDY WELCH PURPOSE: INCOME HELP DURING COVID19 | $500 |
EDDIE JUMPER PURPOSE: HELP WITH MEDICAL EXPENSES | $500 |
JUDY WELCH PURPOSE: HELP WITH MEDICAL EXPENSE | $400 |
TRACIE LUSTER PURPOSE: PAY UTILITY BILL | $350 |
Organization Name | Assets | Revenue |
---|---|---|
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
Eleanor And J Hunter Flack Foundation Inc Elba, AL | $20,847,468 | $26,270,668 |
Stuller Family Foundation Lafayette, LA | $107,406,256 | $12,627,444 |
Msb Cockayne Fund Inc Nashville, TN | $29,612,737 | $3,554,460 |
Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 Birmingham, AL | $42,171,764 | $7,643,863 |
Maddox Foundation Hernando, MS | $8,883,124 | $1,526,980 |
Ferguson Family Baptist Missionary And Educational Fndn Ltd Arkadelphia, AR | $54,167,805 | $9,055,098 |
Mike And Gillian Goodrich Charitable Foundation Birmingham, AL | $99,344,720 | $8,200,320 |