Foundation 1781
- Assets
- $5.1k
- Revenue
- $14.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- Data as of
- 12/2022
- EIN
- 85-3696503
Organization Overview
Foundation 1781 is located in Huntsville, AL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Foundation 1781 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, Foundation 1781 generated $14.7k 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 (29.5%) each year. All expenses for the organization totaled $14.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.5%) per year over the past 2 years. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
VILLAGE OF PROMISE -FOUNDATION 1781 SPONSORED A CROCKPOT COOKING CLASS FOR VILLAGE PROMISE'S FAMILY CONNECTIONS EDUCATIONAL SERIES. FOUNDATION 1781 PROVIDED CROCKPOTS CROCKPOT LINERS COOKBOOK GIFT CARDS AND CROCKPOT MEALS PREPARED BY VOLUNTEERS TO ABOUT 15 FAMILIES.
DOWNTOWN RESCUE MISSION - DONATION AND PARTICIPATION TO GLOWRUN 5K
LITTLE ORANGE FISH - FOUNDATION 1781 WAS A FAR EXPRESSIONS 2022 PATRON FOR AN ANNUAL EVENT. THIS ANNUAL EVENT HELPS SPREAD THE THE ORGANIZATION'S MISSION OF BRINGING AWARENESS TO MENTAL HEALTH.
STAY IN STEP - FOUNDATION 1781 WAS SILVER SPONSOR FOR ANNUAL GALA SUPPORTING BRAIN AND SPINAL CORD REHABILITATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Adamek Director | 1 | $0 | |
Nancy Acquavella Director | 1 | $0 | |
Babayele Sodade Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,663 |
| 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 | $14,663 |
| 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 | $3,388 |
| Other expenses | $639 |
| Total operating and administrative expenses | $4,027 |
| Contributions, gifts, grants paid | $10,406 |
| Total expenses and disbursements | $14,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,102 |
| 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 | $5,102 |
| 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, Foundation 1781 has awarded $10,406 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DOWNTOWN RESCUE MISSION PURPOSE: GLOW RUN 5K SPONSORSHIP | $2,500 |
VILLAGE OF PROMISE PURPOSE: CROCKPOT COOKING CLASSES - DONATED CROCKPOTS RECIPE BOOKS CROCKPOT LINERS GIFT CARDS AND PROVIDED MEALS TO ON AVERAGE 15 PARTICIPANTS | $924 |
FIRST STOP OF HUNTSVILLE PURPOSE: SUPPLIES DONATIONS TO ORGANIZATION | $200 |
NORTH ALABAMA FOOD BANK PURPOSE: FOOD DONATION | $654 |
STAY IN STEP BRAIN SPINAL CORD INJURY RECOVERY PURPOSE: CHARITABLE SPONSORSHIP | $2,564 |
PATHWAY TO HOPE PURPOSE: SPONSOR FOR NIGHT OF HOPE EVENT | $1,000 |