Glenn Townes Scholarship Foundation
- Assets
- $3.9k
- Revenue
- $33.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Paris, TX
- Founding
- Data as of
- 12/2021
- EIN
- 84-3778379
Organization Overview
Glenn Townes Scholarship Foundation is located in Paris, TX.
For the year ending 12/2021, Glenn Townes Scholarship Foundation generated $33.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $36.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillis Jean Townes Director | 1 | $0 | |
Larry Walker Townes Secretary | 1 | $0 | |
Larry Charles Townes President/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,015 |
| Interest on Savings | $0 |
| 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 | $33,015 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8 |
| Total operating and administrative expenses | $8 |
| Contributions, gifts, grants paid | $36,250 |
| Total expenses and disbursements | $36,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,854 |
| 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 | $3,854 |
| 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, Glenn Townes Scholarship Foundation has awarded $36,250 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
JESUS MONASTERIO PURPOSE: EDUCATION | $3,750 |
CALLIE JAYNES PURPOSE: EDUCATION | $3,750 |
KILEY HUNTER MILLER PURPOSE: EDUCATION | $3,750 |
JORDYN DIANE HADDOCK PURPOSE: EDUCATION | $2,500 |
BRENTON NEATHERLY PURPOSE: EDUCATION | $2,500 |
TREY HUNTER DENNY PURPOSE: EDUCATION | $2,500 |
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