John Henry Company-Lou Brand Scholarship Foundation
- Assets
- $0.0
- Revenue
- $18.5k
- Investments
- $318.1k
- Employees
- 0
- Location
- Naples, FL
- Founding
- 04/1997
- Data as of
- 06/2022
- EIN
- 38-3243055
Organization Overview
John Henry Company-Lou Brand Scholarship Foundation is located in Naples, FL. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. John Henry Company-Lou Brand Scholarship 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, John Henry Company-Lou Brand Scholarship Foundation generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $23.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS AND FINANCIAL AID TO THE CHILDREN OF EMPLOYEES OF THE JOHN HENRY COMPANY AND ITS SUBSIDIARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shahriar Ghoddousi Director/ Chairman | 1 | $0 | |
Larry G Irish Treasurer/ Secretary | 1 | $0 | |
Brue Harte Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,089 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,009 |
| Contributions, gifts, grants paid | $21,500 |
| Total expenses and disbursements | $23,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,937 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,727 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, John Henry Company-Lou Brand Scholarship Foundation has awarded $21,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER ROUSE PURPOSE: SCHOLARSHIP | $2,250 |
ASHLEY SHIPPS PURPOSE: SCHOLARSHIP | $1,500 |
JESSICA BEAULIEU PURPOSE: SCHOLARSHIP | $1,000 |
ROBIN MORALES PURPOSE: SCHOLARSHIP | $3,500 |
NATHAN ROSENDALL PURPOSE: SCHOLARSHIP | $3,000 |
STEPHANIE DUNLAP PURPOSE: SCHOLARSHIP | $2,250 |