Lee S Monroe Foundation
- Assets
- $3.2m
- Revenue
- $174.0k
- Investments
- $3.0m
- Employees
- 0
- Location
- Hico, TX
- Founding
- 10/2017
- Data as of
- 12/2023
- EIN
- 81-4766653
Organization Overview
Lee S Monroe Foundation is located in Hico, TX. The organization was established in 2017. 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. Lee S Monroe 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 12/2023, Lee S Monroe Foundation generated $174.0k 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 (28.5%) each year. All expenses for the organization totaled $163.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Lee S Monroe Foundation has awarded 42 individual grants totaling $888,000. 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 |
|---|---|---|---|
Scott Monroe Pres/director | 5 | $0 | |
Leila Monroe Secr/treas/dir | 1 | $0 | |
James Dieckmann Director | 1 | $0 | |
Warren Magill Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $5,287 |
| Dividends & Interest | $138,700 |
| 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 | $173,987 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $323 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,196 |
| Total operating and administrative expenses | $4,469 |
| Contributions, gifts, grants paid | $159,000 |
| Total expenses and disbursements | $163,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $157,340 |
| 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 | $3,005,360 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,162,700 |
| 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, Lee S Monroe Foundation has awarded $159,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SUPPORT THE ENLISTED PROJECT STEP PURPOSE: GENERAL ASSISTANCE | $35,000 |
SHELTER TO SOLDIER PURPOSE: GENERAL ASSISTANCE | $17,000 |
LIONS TIGERS BEARS PURPOSE: GENERAL ASSISTANCE | $10,000 |
LIVING COAST DISCOVERY PURPOSE: GENERAL ASSISTANCE | $10,000 |
FEEDING SAN DIEGO PURPOSE: GENERAL ASSISTANCE | $35,000 |
PHLS ASSOC ALUMNI PURPOSE: GENERAL ASSISTANCE | $10,000 |