St Georges Independent Schools Foundation is located in Collierville, TN. The organization was established in 1999. 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. St Georges Independent Schools 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 06/2022, St Georges Independent Schools Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $4.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE CONTRIBUTIONS AND MANAGE THE INVESTMENTS FOR ST. GEORGE'S INDEPENDENT SCHOOL, FEDERAL ID # 62-1761850.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE CONTRIBUTIONS AND MANAGE THE INVESTMENTS FOR ST. GEORGE'S INDEPENDENT SCHOOL, FEDERAL ID # 62-1761850.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr David East Chairman | OfficerTrustee | 2 | $0 |
Mr Charles Slatery Director | Trustee | 2 | $0 |
Mr Scott Murphy Treasurer | OfficerTrustee | 2 | $0 |
Dr Stewart Burgess Vice-Chairman | OfficerTrustee | 2 | $0 |
Ms Sheryl A Jackson Secretary | OfficerTrustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,625,472 |
| Investment income | $193,305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $97,142 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,860 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,932,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $535 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,015,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,149,315 |
| Savings and temporary cash investments | $32,258 |
| Pledges and grants receivable | $7,707,817 |
| Accounts receivable, net | $73,729 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,980 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $389,945 |
| Investments—other securities | $11,371,423 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $307,387 |
| Total assets | $31,055,433 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $50,813 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,166 |
| Total liabilities | $53,979 |
| Net assets without donor restrictions | $16,217,293 |
| Net assets with donor restrictions | $14,784,161 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $31,001,454 |