Kolawole Sheidun Foundation
- Assets
- $1.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Humble, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-4383957
Organization Overview
Kolawole Sheidun Foundation is located in Humble, TX. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Kolawole Sheidun Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
1 ADMINISTRATIVE COSTS INCURRED IS TO OPERATE THE FOUNDATION DIRECTLY SUPPORT AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
THE ORGANIZATION MAKES DONATIONS TO QUALIFYING CHARITABLE ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fhyllis Sheidun President | 1 | $0 | |
Oremeyi Sheidun Director | 0.25 | $0 | |
Ronke Odusanya Secretary | 0.25 | $0 | |
Catherine Joshuaadonai Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| 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 | $0 |
| 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 | $314 |
| Total operating and administrative expenses | $314 |
| Contributions, gifts, grants paid | $17,500 |
| Total expenses and disbursements | $17,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,810 |
| 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 | $1,810 |
| 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, Kolawole Sheidun Foundation has awarded $17,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
LUNCH FOR KIDS AFRICA INC PURPOSE: SUPPORT LUNCH FOR SCHOOL CHILDREN IN AFRICA | $1,000 |
BINI CLUB OF HOUSTON INC PURPOSE: COMMUNITY CENTER FUNDRAISER | $500 |
GLOBAL FUND FOR GIRLS PURPOSE: SUPPORT EDUCATION FOR GIRLS | $2,500 |
EDO NATIONAL ASSOCIATION WORLDWIDE PURPOSE: HEALTHCARE: DIALYSIS CENTER PROJECT | $1,000 |
ST MARIA GORETTI OLD GIRLS INTERNAT PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION TO SUPPORT EDUCATION. | $5,000 |
GRACE CHURCH PURPOSE: 2023 CHURCH DONATION | $5,000 |