Eight Eleven Foundation Inc
- Assets
- $150.5k
- Revenue
- $177.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- Data as of
- 12/2022
- EIN
- 87-3083013
Organization Overview
Eight Eleven Foundation Inc is located in Indianapolis, IN. According to its NTEE Classification (T30) the organization is classified as: Public 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. Eight Eleven 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EIGHT ELEVEN FOUNDATION INC. WAS CREATED TO PROVIDE GRANTS, SCHOLARSHIPS, AND SUPPORT TO INDIVIDUALS, AS WELL AS CHARITABLE ORGANIZATIONS, WITH PHILANTHROPIC OR COMMUNITY BUILDING INITIATIVES. UPON ITS ADOPTION, ALL SERVICES PERFORMED ON BEHALF OF THE FOUNDATION WILL BE PROVIDED ON A STRICTLY VOLUNTEER BASIS. TO ENSURE THAT EIGHT ELEVEN FOUNDATION CAN BEST ACHIEVE ITS MISSION, ITS FUNDRAISING AND SERVICE WILL NOT BE LIMITED TO ANY ONE SPECIFIC ORGANIZATION OR ENTITY. THE FOUNDATION IS FREE TO UTILIZE ITS RESOURCES AS BEST DEEMED FIT BY ITS BOARD OF DIRECTORS. THE EIGHT ELEVEN FOUNDATION SERVES AS A PATRONAGE FOR THE PEOPLE OF EIGHT ELEVEN GROUP IN TIMES OF NEED, AND CHAMPION FOR ALL SCHOLASTIC AND SOCIAL CONSCIENCE ENDEAVORS. THIS MISSION STATEMENT HIGHLIGHTS THE THREE PILLARS THAT THE ORGANIZATION WAS FOUNDED ON: THE PEOPLE OF EIGHT ELEVEN, EDUCATION, AND SOCIAL CONSCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GRANTS, SCHOLARSHIPS,AND SUPPORT TO INDIVIDUALS, AS WELL AS CHARITABLE ORGANIZATIONS, WITH PHILANTHROPIC OR COMMUNITY BUILDING INITIATIVES.
PROVIDE GRANTS, SCHOLARSHIPS,AND SUPPORT TO INDIVIDUALS, AS WELL AS CHARITABLE ORGANIZATIONS, WITH PHILANTHROPIC OR COMMUNITY BUILDING INITIATIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bauscher Board Member | Trustee | 1 | $0 |
Nate Browning Board Member | Trustee | 1 | $0 |
Paige Grumme Secretary | OfficerTrustee | 1 | $0 |
Jeremy Hunt Treasurer | OfficerTrustee | 1 | $0 |
Joe Hyland Record Keepe | Trustee | 4 | $0 |
Carlie Oakley President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,342 |
| Total Program Service Revenue | $0 |
| Investment income | $105 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,249 |
| Advertising and promotion | $0 |
| Office expenses | $203 |
| Information technology | $7,008 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,517 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $26,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,470 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,470 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $150,470 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $150,470 |