The Proud Mary Foundation
- Assets
- $326.5k
- Revenue
- $10.6k
- Investments
- $325.0k
- Employees
- 0
- Location
- Newbury Park, CA
- Founding
- 03/1987
- Data as of
- 12/2023
- EIN
- 94-3031037
Organization Overview
The Proud Mary Foundation is located in Newbury Park, CA. The organization was established in 1987. 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. Proud Mary 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 12/2023, Proud Mary Foundation generated $10.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $30.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Proud Mary Foundation has awarded 14 individual grants totaling $188,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Fogerty President | 0 | $0 | |
Julie Fogerty Secretary | 0 | $0 | |
Julie Fogerty Chief Financial Officer | 0 | $0 | |
Robert Fogerty Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,302 |
| Dividends & Interest | $5,252 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,578 |
| 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 | $19 |
| Total operating and administrative expenses | $19 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $30,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,562 |
| 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 | $324,963 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $326,525 |
| 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, The Proud Mary Foundation has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
USC THORTON SCHOOL OF MUSIC PURPOSE: GENERAL PURPOSES | $5,000 |
VIEWPOINT SCHOOL PURPOSE: GENERAL PURPOSES | $25,000 |