Anchored Support Foundation Inc
- Assets
- $5.8m
- Revenue
- $197.1k
- Investments
- $5.7m
- Employees
- 0
- Location
- Groveland, FL
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-3169951
Organization Overview
Anchored Support Foundation Inc is located in Groveland, FL. The organization was established in 2019. 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. Anchored Support 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, Anchored Support Foundation Inc generated $197.1k in total revenue. All expenses for the organization totaled $787.8k during the year ending 12/2023.
Since 2019, Anchored Support Foundation Inc has awarded 133 individual grants totaling $2,828,881. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANCHORED BLESSINGS PROGRAM: MONTHLY SUPPORT TO 7 MISSIONARIES AND OTHER LIKE-MINDED CHARITIES IN SUPPORT OF THE MISSION TO SERVE JESUS CHRIST. HOSTED A FUNDRAISER FOR AN AMERICAN HERO THAT IS FIGHTING CANCER. VETERAN FUNDING TOTALLED 90,462
FOOD TRUCK MISSIONS SUPPORTING TODD WARD AND HIS REACH MINISTRY TO SERVE OTHERS DURING TIME OF CRISIS AND RELIEF EFFORTS. DONATED THE FOOD TRUCKS AND CONCESSION TRAILERS TO MACEDONIA MISSIONARY BAPTIST CHURCH.
UNEXPECTED BLESSINGS PROGRAM: HELP THOSE WHO ARE ENDURING A HARDSHIP, INCLUDING THE POOR AND DISTRESSED OR UNDERPRIVILEGED. ASSISTANCE WILL BE THROUGH FINANCIAL SUPPORT OR SERVICES PROVIDED. EVERYONE IN LIFE ENCOUNTERS DIFFICULTIES AND NEEDS A HELP HAND. THE FOUNDATION DESIRES TO BE A POSITIVE IMPACT ON PEOPLE'S LIVES. WE WANT TO PROVIDE A BLESSING TO ANYONE STRUGGLING, FROM THE SINGLE PARENT NEEDING GROCERIES, INDIVIDUALS WITH LOSS OF EMPLOYMENT, OR THE ELDERLY WHO MAY NEED MEDICAL EQUIPMENT, OR THE PERSON IN NEED OF A NEW ROOF AFTER A STORM. SHARING COMPASSION WITH THOSE IN NEED WILL BE OUR MAIN OBJECTIVE.
RELIEF EFFORTS HURRICANE DORA - GREEN TURTLE RELIEF WORKING WITH A LOCAL COMMUNITY CHURCH TO REBUILD A HOME DEVASTATED BY HURRICANE DORA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie J Raney Vice Preside | 25 | $0 | |
Arthur V Raney Jr President | 10 | $0 | |
Julie S Mudd Secretary | 7 | $0 | |
Luke M Raney Treasurer | 7 | $0 | |
John L Mudd III Trustee | 7 | $0 | |
Taylor Raney Trustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,846 |
| Interest on Savings | $35,209 |
| Dividends & Interest | $98,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,401 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $197,102 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $54 |
| Taxes | $4,345 |
| Depreciation | $26,418 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,628 |
| Printing and publications | $396 |
| Other expenses | $27,599 |
| Total operating and administrative expenses | $73,454 |
| Contributions, gifts, grants paid | $714,387 |
| Total expenses and disbursements | $787,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,755 |
| 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 | $2,248 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $13,897 |
| Other assets | $0 |
| Total assets | $5,777,980 |
| Accounts payable and accrued expenses | $147 |
| 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 | $147 |
Grants Awarded
Over the last fiscal year, Anchored Support Foundation Inc has awarded $623,925 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
GREEN TURTLE COMMUNITY FELLOWSHIP PURPOSE: GREEN TURTLE CAY | $8,669 |
MIKE RYAN PURPOSE: MIKE RYAN MISSION TRIP | $8,387 |
WORD OF LIFE FELLOWSHIP INC PURPOSE: WORD OF LIFE- AARON DALOLIO | $2,550 |
BAY LAKE MISSIONARY BAPTIST PURPOSE: HOUSING EXPENSES FOR PASTOR | $271,800 |
CENTRAL CARE MISSION PURPOSE: MENS FACILITIES FOR HOMLESS | $60,000 |
HAND IN HAND LAKE COUNTY INC PURPOSE: REBUILDING OF LIVES AND FAMILIES | $12,000 |