Stronge Family Foundation
- Assets
- $1.5m
- Revenue
- $87.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 41-2023746
Organization Overview
Stronge Family Foundation is located in Greenville, SC. The organization was established in 2002. 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. Stronge Family 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, Stronge Family Foundation generated $87.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $96.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stronge Family Foundation has awarded 198 individual grants totaling $716,475. 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 |
|---|---|---|---|
William Stronge Director | 1 | $1,000 | |
Laura Stronge Vice President | 1 | $1,000 | |
Elizabeth Poupore President | 1 | $1,000 | |
Devin Stronge Director | 1 | $1,000 | |
Aaron Stronge Director | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,368 |
| Capital Gain Net Income | $58,367 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $287 |
| Total Revenue | $87,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,523 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,975 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $25,364 |
| Contributions, gifts, grants paid | $71,475 |
| Total expenses and disbursements | $96,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,633 |
| Savings and temporary cash investments | $0 |
| 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 | $1,460,334 |
| 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, Stronge Family Foundation has awarded $71,475 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
A CHILD'S HAVEN PURPOSE: SOCIAL SERVICES | $4,000 |
PROTECT DEMOCRACY PROJECT PURPOSE: SOCIAL SERVICES | $4,000 |
NEW HAMPSHIRE FOOD BANK PURPOSE: SOCIAL SERVICES | $4,000 |
CROHN'S & COLITIS FOUNDATION PURPOSE: SOCIAL SERVICES | $3,295 |
HARVEST HOPE FOOD BANK PURPOSE: SOCIAL SERVICES | $2,000 |
RAILS TO TRAILS CONSERVANCY PURPOSE: SOCIAL SERVICES | $4,000 |