Fletcher And Gerry Garner Memorial Scholarship Foundation
- Assets
- $1.8m
- Revenue
- $2.5m
- Investments
- $1.7m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2022
- EIN
- 87-6605113
Organization Overview
Fletcher And Gerry Garner Memorial Scholarship Foundation is located in New Orleans, LA. 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. Fletcher And Gerry Garner Memorial Scholarship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,814,562 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $692,641 |
| Capital Gain Net Income | $692,641 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,538,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,113 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,172 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,885 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $177,806 |
| 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 | $1,666,164 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,843,970 |
| 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 |