Myfifident Foundation is located in Cumming, GA. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Myfifident 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 12/2021, Myfifident Foundation generated $439.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $355.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Myfifident Foundation has awarded 16 individual grants totaling $209,793. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Derek V Smith Trustee | 5 | $37,479 | |
Tanner Smith Executive Director | 40 | $28,313 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $20 |
Dividends & Interest | $332,550 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $106,651 |
Capital Gain Net Income | $106,651 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $439,221 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $65,792 |
Other employee salaries and wages | $73,559 |
Pension plans, employee benefits | $62,638 |
Interest | $0 |
Taxes | $15,110 |
Depreciation | $0 |
Occupancy | $71 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $14,442 |
Total operating and administrative expenses | $287,370 |
Contributions, gifts, grants paid | $67,609 |
Total expenses and disbursements | $354,979 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $373,287 |
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 | $359,153 |
Total assets | $8,736,719 |
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 |
Over the last fiscal year, Myfifident Foundation has awarded $67,609 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
PAWS FOR LIFE PURPOSE: TO PROVIDE GENERAL SUPPORT | $15,000 |
LEUCHIE HOUSE PURPOSE: TO PROVIDE GENERAL SUPPORT | $13,259 |
UCF FOUNDATION INC PURPOSE: TO PROVIDE GENERAL SUPPORT | $10,000 |
Cashiers, NC PURPOSE: TO PROVIDE GENERAL SUPPORT | $10,000 |
St Simons Island, GA PURPOSE: TO PROVIDE GENERAL SUPPORT | $10,000 |
R EVOLUCION LATINA PURPOSE: TO PROVIDE GENERAL SUPPORT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Darla Moore And Richard Rainwater Foundation Lake City, SC | $538,432,800 | $34,322,461 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |