Joncade Thomas Clemons Memorial Scholarship Fund
- Assets
- $1.0m
- Revenue
- $173.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-0307357
Organization Overview
Joncade Thomas Clemons Memorial Scholarship Fund is located in Lafayette, LA. The organization was established in 2008. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joncade Thomas Clemons Memorial Scholarship Fund 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, Joncade Thomas Clemons Memorial Scholarship Fund generated $173.9k 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 (3.4%) each year. All expenses for the organization totaled $149.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Joncade Thomas Clemons Memorial Scholarship Fund has awarded 343 individual grants totaling $1,005,250. 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 |
|---|---|---|---|
Andre' Clemons President | 0 | $0 | |
Dawn Q Clemons Treasurer | 0 | $0 | |
Selena Montit Director | 0 | $0 | |
Dorothy Dore Director | 0 | $0 | |
Jerry Bordelon Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $171,588 |
| Interest on Savings | $2,277 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $173,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,076 |
| Total operating and administrative expenses | $12,126 |
| Contributions, gifts, grants paid | $137,750 |
| Total expenses and disbursements | $149,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,028 |
| Savings and temporary cash investments | $972,781 |
| 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 | $0 |
| Total assets | $1,001,809 |
| 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, Joncade Thomas Clemons Memorial Scholarship Fund has awarded $137,750 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
AHNI CALAIS PURPOSE: SCHOLARSHIP | $750 |
AHRAF SWATI PURPOSE: SCHOLARSHIP | $3,000 |
MAKENNA LANDRY PURPOSE: SCHOLARSHIP | $3,000 |
GABRIELLE LEBLANC PURPOSE: SCHOLARSHIP | $2,000 |
ERIC DIAZ PURPOSE: SCHOLARSHIP | $1,250 |
MADDISON MARCEAUX PURPOSE: SCHOLARSHIP | $3,250 |