Fergeson Family Foundation
- Assets
- $126.7k
- Revenue
- $32.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Altus, OK
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4832485
Organization Overview
Fergeson Family Foundation is located in Altus, OK. The organization was established in 2014. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fergeson 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 12/2021, Fergeson Family Foundation generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $29.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fergeson Family Foundation has awarded 52 individual grants totaling $144,256. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Cox Director | 1 | $0 | |
Mary Ann Fergeson Secretary/treasurer | 1 | $0 | |
Gabe Gilliam Director | 1 | $0 | |
C Kendric Fergeson President | 1 | $0 | |
Jarrod Lane Fergeson Director | 1 | $0 | |
Casey Gilliam Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $32,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,026 |
| Contributions, gifts, grants paid | $28,500 |
| Total expenses and disbursements | $29,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,718 |
| 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 | $126,718 |
| 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, Fergeson Family Foundation has awarded $28,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE OETA PURPOSE: FINANCIAL SUPPORT | $3,000 |
OSSM FOUNDATION PURPOSE: FINANCIAL SUPPORT | $3,000 |
Oklahoma City, OK PURPOSE: FINANCIAL SUPPORT | $3,000 |
FIRST AMERICANS MUSEUM PURPOSE: FINANCIAL SUPPORT | $3,000 |
Oklahoma City, OK PURPOSE: FINANCIAL SUPPORT | $3,000 |
THREE RIVERS FOUNDATION PURPOSE: FINANCIAL SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwest Airlines Pilots Mutual Aid Plan Dallas, TX | $4,208,509 | $7,999,546 |
Health Alliance For Austin Musicians Austin, TX | $4,718,608 | $3,433,029 |
R Lacy Inc Employees Benefit Longview, TX | $283,785 | $3,619,017 |
Texas Water Utilities Association Hutto, TX | $1,944,371 | $2,944,744 |
Textron Aviation Employees Flying Club Inc Wichita, KS | $3,186,873 | $1,906,440 |
Texas Academy 4 Fort Worth, TX | $282,518 | $1,561,832 |
Us Custom Harvesters Inc Sylvia, KS | $2,310,352 | $1,197,281 |
Turner Ditch Co Paonia, CO | $13,591 | $488,551 |
Texas Citrus Mutual Mission, TX | $1,399,360 | $410,368 |
Holbrook Mutual Irrigating Company 202 Lincoln Sq Prof Bldg Cheraw, CO | $531,299 | $260,494 |
Nail-Swain Water Assoc Deer, AR | $5,049,713 | $240,156 |
Ericksdahl Water Supply Corporation Stamford, TX | $794,402 | $253,649 |