Bob White Memorial Foundation
- Assets
- $4.1m
- Revenue
- $487.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Eudora, AR
- Founding
- 12/1982
- Data as of
- 12/2023
- EIN
- 31-1041899
Organization Overview
Bob White Memorial Foundation is located in Eudora, AR. The organization was established in 1982. 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. Bob White Memorial 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, Bob White Memorial Foundation generated $487.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $523.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bob White Memorial Foundation has awarded 51 individual grants totaling $1,700,061. 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 |
|---|---|---|---|
Stephen Tisdale Trustee | 1 | $4,200 | |
Stacey T Rankin Trustee | 1 | $4,200 | |
Alvin Reynold Meyer Trustee | 1 | $4,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,668 |
| Dividends & Interest | $0 |
| Net Rental Income | $410,946 |
| 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 | $487,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,562 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75,117 |
| Total operating and administrative expenses | $91,279 |
| Contributions, gifts, grants paid | $432,265 |
| Total expenses and disbursements | $523,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,106 |
| Savings and temporary cash investments | $124,570 |
| 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 | $23,181 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,571 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,900,368 |
| Other assets | $18,540 |
| Total assets | $4,084,336 |
| 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, Bob White Memorial Foundation has awarded $432,265 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ROSS VAN NESS-WELLFORD VFD PURPOSE: TANKER TENDER PUMPER | $46,000 |
MT CARMEL CEMETARY ASSOCIATION PURPOSE: CEMETARY MAINTENANCE AND REPAIRS | $20,000 |
J AUSTIN WHITE CULTURAL CENTER PURPOSE: OPERATING SUPPORT AND LOAN REPAYMENTS FOR THE TOMMY MARSHALL CURIOSITY CENTER | $187,965 |
J AUSTIN WHITE CULTURAL CENTER PURPOSE: DIRECTOR'S SALARY & OPERATING SUPPORT | $65,000 |
CITY OF EUDORA PURPOSE: EUDORA POLICE DEPARTMENT COMPUTER & BUILDING REPAIRS | $11,700 |
HAMBURG SCHOOL FOUNDATION PURPOSE: HAMBURG MIDDLE SCHOOL DESKTOP COMPUTERS | $6,600 |