Fultum Foundation Inc
- Assets
- $22.3m
- Revenue
- $24.5m
- Investments
- $10.6m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 11/2018
- Data as of
- 06/2022
- EIN
- 82-5464553
Organization Overview
Fultum Foundation Inc is located in Louisville, KY. 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. Fultum 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa P Jones Vice President | 1 | $0 | |
Daniel H Jones President/secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,510,699 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$88,712 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,496,240 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $275 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $329 |
| Total operating and administrative expenses | $17,715 |
| Contributions, gifts, grants paid | $251,086 |
| Total expenses and disbursements | $268,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,014 |
| Savings and temporary cash investments | $10,754,429 |
| 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 | $8,052,911 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $708,444 |
| Total assets | $22,281,332 |
| 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, Fultum Foundation Inc has awarded $1,550,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF LOUISVILLE PURPOSE: DANIEL AND LISA JONES FUND, JONES FAMILY FUND | $1,400,000 |
ACADEMY FOR INDIVIDUAL EXCELLENCE PURPOSE: CAPITAL IMPROVEMENTS | $150,000 |