Source Research Foundation is located in Columbus, OH. 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. Source Research 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 05/2023, Source Research Foundation generated $264.5k in total revenue. All expenses for the organization totaled $119.6k during the year ending 05/2023. While expenses have increased by 92.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF RESEARCH GRANTS TO INDIVIDUALS FOR STUDY OF TOPICS DIRECTLY RELATED TO SOURCE RESEARCH FOUNDATION'S EXEMPT PURPOSE. DOZENS OF GRANTS WERE AWARDED THIS FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alan K Davis President | 2 | $0 | |
Brooke Arterberry Treasurer | 1 | $0 | |
Rafaelle Lancelotta Secretary | 1 | $0 | |
Yarelix Estrada Vice President | 1 | $0 | |
Joshua Falcon Director | 1 | $0 | |
Dawn Davis Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $264,453 |
Interest on Savings | $12 |
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 | $264,465 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $14,396 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,823 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $10,241 |
Printing and publications | $0 |
Other expenses | $12,376 |
Total operating and administrative expenses | $43,443 |
Contributions, gifts, grants paid | $76,139 |
Total expenses and disbursements | $119,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $271,413 |
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 | $271,413 |
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, Source Research Foundation has awarded $21,126 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
JOSHUA FALCON PURPOSE: STUDENT GRANT | $1,339 |
HALSEY NILES PURPOSE: STUDENT GRANT | $1,122 |
DIANA QUINN PURPOSE: COMMUNITY GRANT | $7,852 |
JACOB GREEN PURPOSE: STUDENT GRANT, TRAVEL GRANT | $3,152 |
ZARMEEN ZAHID PURPOSE: STUDENT GRANT | $236 |
ZACH LEVINE PURPOSE: STUDENT GRANT | $2,900 |