Everett W Erdoesy And Gretha M Erdoesy Foundation
- Assets
- $1.3m
- Revenue
- $56.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 01/2018
- Data as of
- 07/2024
- EIN
- 82-2300696
Organization Overview
Everett W Erdoesy And Gretha M Erdoesy Foundation is located in Sarasota, FL. The organization was established in 2018. 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. Everett W Erdoesy And Gretha M Erdoesy 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 07/2024, Everett W Erdoesy And Gretha M Erdoesy Foundation generated $56.4k 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 (39.6%) each year. All expenses for the organization totaled $173.1k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Everett W Erdoesy And Gretha M Erdoesy Foundation has awarded 63 individual grants totaling $613,550. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ACCORDANCE WITH EXEMPTION APPLICATION, GRANTS ARE DIRECTED TO INCLUDE, BUT NOT LIMITED TO BENEFIT LOCAL ENVIRONMENTAL CONSERVATION AND RESEARCH, LOCAL WOMEN'S AND CHILDREN'S HEALTH INITIATIVES AND TO BENEFIT THE COLLEGE OF VETERINARY MEDICINE OF NC STATE UNIVERSITY, RALEIGH, NORTH CAROLINA. IN FISCAL YEAR 2023/2024, VARIOUS CHARITABLE ORGANIZATIONS WERE PROVIDED 112,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Anderson Trustee | 0 | $20,000 | |
Wayne F Seitl Trustee | 0 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $492 |
| Dividends & Interest | $39,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,761 |
| Capital Gain Net Income | $3,904 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,436 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $297 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $61,138 |
| Contributions, gifts, grants paid | $112,000 |
| Total expenses and disbursements | $173,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,900 |
| 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 | $1,265,931 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,307,831 |
| 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, Everett W Erdoesy And Gretha M Erdoesy Foundation has awarded $112,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NC VETERINARY MEDICAL FOUNDATION PURPOSE: RESEARCH | $35,000 |
HARVEST HOUSE PURPOSE: GENERAL | $5,000 |
CATHOLIC CHARITIES PURPOSE: GENERAL | $2,500 |
GIRLS INC OF SARASOTA PURPOSE: GENERAL | $30,000 |
MOTHERS HELPNG MOTHERS PURPOSE: GENERAL | $28,000 |
CHILDREN FIRST PURPOSE: GENERAL | $3,000 |