Stokes And Sarah Brown Charitable Foundation
- Assets
- $4.3m
- Revenue
- $166.2k
- Investments
- $4.2m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 09/2005
- Data as of
- 01/2024
- EIN
- 26-0110679
Organization Overview
Stokes And Sarah Brown Charitable Foundation is located in Birmingham, AL. 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. Stokes And Sarah Brown Charitable 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 01/2024, Stokes And Sarah Brown Charitable Foundation generated $166.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $308.2k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Stokes And Sarah Brown Charitable Foundation has awarded 52 individual grants totaling $1,361,393. 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 |
|---|---|---|---|
Regions Bank Trustee Trustee | 1 | $45,229 | |
Virginia Sory Brown Advisory Comm Mbr | 1 | $0 | |
Evelyn A Smith Advisory Comm Mbr | 1 | $0 | |
Joe Gaston Advisory Comm Mbr | 1 | $0 | |
William R Goodman III Advisory Comm Mbr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $114,256 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,932 |
| Capital Gain Net Income | $51,932 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $166,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,229 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,770 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,669 |
| Total operating and administrative expenses | $54,239 |
| Contributions, gifts, grants paid | $253,911 |
| Total expenses and disbursements | $308,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $103,116 |
| 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 | $4,154,903 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,258,019 |
| 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, Stokes And Sarah Brown Charitable Foundation has awarded $253,911 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ROBERTSON COUNTY YMCA PURPOSE: GENERAL OPERATING | $10,000 |
ROBERTSON COUNTY SENIOR CENTER PURPOSE: GENERAL OPERATING | $20,000 |
EDDIES HAVEN PURPOSE: GENERAL OPERATING | $12,000 |
COMMUNITY SPIRIT INC PURPOSE: GENERAL OPERATING | $10,000 |
OPEN DOOR PREGNANCY & RESOURCE CENTER PURPOSE: GENERAL OPERATING | $25,000 |
WILLOW OAK CENTER FOR PURPOSE: GENERAL OPERATING | $55,000 |