Village At Germantown Foundation

Organization Overview

Village At Germantown Foundation is located in Germantown, TN. The organization was established in 2012. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village At Germantown Foundation 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, Village At Germantown Foundation generated $259.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $1.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROVIDE FINANCIAL ASSISTANCE FOR RESIDENTS OF THE VILLAGE AT GERMANTOWN, INC. WHOSE RESOURCES ARE NOT SUFFICIENT TO MEET CURRENT EXPENSES, AND TO SUPPORT EDUCATIONAL, HEALTH, RECREATIONAL, AND OTHER PROGRAMS FOR THE RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DUE TO COVID 19, ALONG WITH OTHER ISSUES, THERE WERE NO PROGRAM SERVICE ACCOMPLISHMENTS.


DUE TO COVID 19, ALONG WITH OTHER ISSUES, THERE WERE NO PROGRAM SERVICE ACCOMPLISHMENTS.


DUE TO COVID 19, ALONG WITH OTHER ISSUES, THERE WERE NO PROGRAM SERVICE ACCOMPLISHMENTS.


DUE TO COVID 19 AND OTHER ISSUES NO EXPENSES WERE NEEDED


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth W Plunk
President
$0
John D Norton Sr
Treasurer
$0
Eleanor Appling
Secretary
$0
Mike Craft
Director
$0
John Adamson
Director
$0
Tim Morgan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,230
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,230
Total Program Service Revenue$0
Investment income $85,367
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 $259,088

Grants Awarded

Over the last fiscal year, Village At Germantown Foundation has awarded $117,088 in support to 2 organizations.

Grant RecipientAmount

THE VILLAGE AT GERMANTOWN INC

Org PageRecipient Profile

Germantown, TN

PURPOSE: Help residents unable to pay expenses

$70,588

THE VILLAGE AT GERMANTOWN INC

Org PageRecipient Profile

Germantown, TN

PURPOSE: Help in purchasing Piano for residents

$46,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Village At Germantown Foundation has recieved totaling $5,100.

Awarding OrganizationAmount
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$5,100
View Grant Recipient Profile

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