Passman For People Foundation Inc
- Assets
- $707.3k
- Revenue
- $34.4k
- Investments
- $705.7k
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-4729657
Organization Overview
Passman For People Foundation Inc is located in Columbus, GA. The organization was established in 2017. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Passman For People 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 12/2023, Passman For People Foundation Inc generated $34.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $63.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Passman For People Foundation Inc has awarded 71 individual grants totaling $513,502. 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 |
|---|---|---|---|
Sidney David Passman III Chairman/president | 1 | $0 | |
Sidney David Passman IV Treasurer | 1 | $0 | |
Brigitte Grace Passman Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,301 |
| Capital Gain Net Income | $11,301 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,369 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,148 |
| Total operating and administrative expenses | $12,300 |
| Contributions, gifts, grants paid | $51,648 |
| Total expenses and disbursements | $63,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,578 |
| 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 | $707,303 |
| 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 |
Grants Awarded
Over the last fiscal year, Passman For People Foundation Inc has awarded $51,648 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF THE CHATAHOOCHEE VALLEY PURPOSE: PROGRAM SUPPORT | $5,000 |
NATIONAL PARKS FOUNDATION PURPOSE: PROGRAM SUPPORT | $2,000 |
MULTIPLE SCLEROSIS SOCIETY PURPOSE: PROGRAM SUPPORT | $4,000 |
WATER IS BASIC PURPOSE: PROGRAM SUPPORT | $1,000 |
WORLD CENTRAL KITCHEN PURPOSE: PROGRAM SUPPORT | $20,000 |
NAMI NATIONAL ALLIANCE ON MENTAL ILLNESS PURPOSE: PROGRAM SUPPORT | $2,000 |