Potter Family Foundation is located in San Mateo, CA. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potter Family 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 06/2024, Potter Family Foundation generated $10.0 in total revenue. All expenses for the organization totaled $11.6k during the year ending 06/2024.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER REVIEW OF MANY APPLICATIONS, SCHOLARSHIPS WERE GRANTED TO TWO QUALIFYING STUDENTS FROM HILLSDALE HIGH SCHOOL TO BE USED FOR COLLEGE.
MADE MISCELLANEOUS CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lorraine Potter Trustee | 2 | $0 | |
Rand Potter Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $10 |
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 | $10 |
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 | $0 |
Total operating and administrative expenses | $1,450 |
Contributions, gifts, grants paid | $10,100 |
Total expenses and disbursements | $11,550 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $38,211 |
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 | $38,211 |
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, Potter Family Foundation has awarded $10,100 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MISC CHARITIES PURPOSE: EDUCATION, HEALTH | $5,100 |
UC AT SAN DIEGO PURPOSE: EDUCATION | $2,500 |
DOMINICAN UNIVERSITY PURPOSE: EDUCATION | $2,500 |