Tankersley Family Foundation
- Assets
- $406.1k
- Revenue
- $717.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- Data as of
- 12/2022
- EIN
- 84-3572337
Organization Overview
Tankersley Family Foundation is located in Hot Springs, AR. 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. Tankersley 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 12/2022, Tankersley Family Foundation generated $717.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (70.9%) each year. All expenses for the organization totaled $85.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Tankersley Family Foundation has awarded 21 individual grants totaling $186,462. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPT A FAMILY THROUGH OUR HOUSE
MEN OF OUACHITA THROUGH LAKEPOINTE CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Tankersley President/treasurer | 40 | $0 | |
Vivian Tankersley Vice President/secretary | 40 | $0 | |
Lukas Tankersley Director | 40 | $0 | |
Logan Tankersley Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $717 |
| 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 | $717 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,939 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $5,708 |
| Contributions, gifts, grants paid | $79,247 |
| Total expenses and disbursements | $84,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,136 |
| 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 | $406,136 |
| 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, Tankersley Family Foundation has awarded $79,247 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHANDLER PETRAY PURPOSE: SCHOLARSHIP | $2,500 |
FELICITY LEAMON PURPOSE: SCHOLARSHIP | $2,500 |
LIZ DEARYAN PURPOSE: ASSISTANCE WITH TRANSPORTATION | $5,000 |
BE 1 MAKE 1 PURPOSE: TO HELP MINISTRY LEADERSHIP | $8,000 |
THE CALL IN GARLAND AND HOT SPRINGS COUNTIES PURPOSE: SUPPORT FOSTER CARE | $5,000 |
ADULT & TEEN CHALLENGE PURPOSE: TO PROVIDE FREEDOM FROM ADDICITION THROUGH CHRIST CENTERED SOLUTIONS | $51,247 |