Thomas V And Corrine R Francis Family Foundation Inc
- Assets
- $822.4k
- Revenue
- $19.1k
- Investments
- $799.1k
- Employees
- 0
- Location
- Russia, OH
- Founding
- 02/1996
- Data as of
- 12/2023
- EIN
- 31-1448010
Organization Overview
Thomas V And Corrine R Francis Family Foundation Inc is located in Russia, OH. The organization was established in 1996. 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. Thomas V And Corrine R Francis Family Foundation Inc 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, Thomas V And Corrine R Francis Family Foundation Inc generated $19.1k 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 (14.2%) each year. All expenses for the organization totaled $134.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Thomas V And Corrine R Francis Family Foundation Inc has awarded 108 individual grants totaling $573,524. 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 |
|---|---|---|---|
Bradley J Francis Pres & Trust | 0 | $0 | |
David J Francis VP & Trustee | 0 | $0 | |
Kathleen S Nichols Sec/tr & Trt | 0 | $0 | |
A Renee Purpus Trustee | 0 | $0 | |
Patrick A Francis Trustee | 0 | $0 | |
Shirley F Shenk Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,544 |
| Dividends & Interest | $32,498 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,400 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $413 |
| Total Revenue | $19,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,025 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $107 |
| Total operating and administrative expenses | $3,082 |
| Contributions, gifts, grants paid | $130,885 |
| Total expenses and disbursements | $133,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,005 |
| Savings and temporary cash investments | $4,286 |
| 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 | $822,364 |
| 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, Thomas V And Corrine R Francis Family Foundation Inc has awarded $130,885 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
HOSPICE OF SHELBY COUNTY PURPOSE: SUPPORT OPERATIONS | $1,000 |
RANDOM ACTS OF CHRISTIAN KINDNESS PURPOSE: SUPPORT OPERATIONS | $1,500 |
CENTER FOR NEUROLOGICAL DEVELOPEMEN PURPOSE: BUILDING FUND | $1,500 |
RUSSIA COMM JR HIGH ATHLETIC ASSOC PURPOSE: OPERATIONS | $1,000 |
RUSSIA FIRE DEPARTMENT PURPOSE: FIRE DEPARTMENT | $2,000 |
RUSSIA LOCAL SCHOOLS PURPOSE: SCHOOL | $25,385 |