Filmtech Foundation Inc
- Assets
- $0.0
- Revenue
- $816.1k
- Investments
- $458.4k
- Employees
- 0
- Location
- Morristown, TN
- Founding
- 03/2018
- Data as of
- 06/2021
- EIN
- 81-4683868
Organization Overview
Filmtech Foundation Inc is located in Morristown, TN. The organization was established in 2018. 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. Filmtech Foundation Inc 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 06/2021, Filmtech Foundation Inc generated $816.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $142.2k during the year ending 06/2021. While expenses have increased by 24.3% per year over the past 3 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.
Since 2020, Filmtech Foundation Inc has awarded 53 individual grants totaling $213,825. 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 |
|---|---|---|---|
Renee M Mcgarel Secretary | 1 | $0 | |
Mark T Mcgarel President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $800,000 |
| Interest on Savings | $27 |
| Dividends & Interest | $13,424 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $816,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,209 |
| Contributions, gifts, grants paid | $141,000 |
| Total expenses and disbursements | $142,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $703,079 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Filmtech Foundation Inc has awarded $141,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Morristown, TN PURPOSE: SUPPORT THE MISSION OF 501(C)(3) ORG | $40,000 |
Morristown, TN PURPOSE: SUPPORT THE MISSION OF 501(C)(3) ORG | $40,000 |
HELEN ROSS MCNABB FOUNDATION PURPOSE: SUPPORT THE MISSION OF 501(C)(3) ORG | $15,000 |
FOOD ON FOOT FOUNDATION PURPOSE: SUPPORT THE MISSION OF 501(C)(3) ORG | $5,000 |
FRIENDS OF HOSPICE-SERENITY HOUSE PURPOSE: SUPPORT THE MISSION OF 501(C)(3) ORG | $5,000 |
BOYS AND GIRLS CLUB PURPOSE: SUPPORT THE MISSION OF 501(C)(3) ORG | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |