Edgar Reynolds Foundation Inc
- Assets
- $4.5m
- Revenue
- $200.0k
- Investments
- $4.2m
- Employees
- 0
- Location
- Grand Island, NE
- Founding
- 05/1978
- Data as of
- 12/2022
- EIN
- 47-0589941
Organization Overview
Edgar Reynolds Foundation Inc is located in Grand Island, NE. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Edgar Reynolds 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 12/2022, Edgar Reynolds Foundation Inc generated $200.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $269.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Edgar Reynolds Foundation Inc has awarded 312 individual grants totaling $2,289,937. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL COMMUNITY COLLEGE - SCHOLARSHIPS AND OCCUPATIONAL THERAPY GRANT
GRAND ISLAND CHILDREN'S MUSEUM - CONSTRUCTION GRANT
HALL COUNTY SHERIFF DEPARTMENT - BODY CAMERA GRANT
GRAND ISLAND SKEET AND SPORTING CLAY CLUB INC - CONSTRUCTION GRANT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Glade Chairman | 0 | $45,000 | |
Gordon Glade Vice-Chairma | 0 | $0 | |
Tim White Trustee | 0 | $0 | |
Mike Stoppkottee Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,198 |
| Dividends & Interest | $143,055 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,083 |
| Capital Gain Net Income | $16,083 |
| Net ST Capital Gain | $13 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,626 |
| Total Revenue | $199,962 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $3,451 |
| Interest | $0 |
| Taxes | $2,294 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $282 |
| Total operating and administrative expenses | $56,027 |
| Contributions, gifts, grants paid | $213,796 |
| Total expenses and disbursements | $269,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $85,112 |
| 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 | $425,912 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $200,000 |
| Total assets | $4,505,045 |
| Accounts payable and accrued expenses | $521 |
| 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 | $521 |
Grants Awarded
Over the last fiscal year, Edgar Reynolds Foundation Inc has awarded $213,796 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: PROGRAM SUPPORT | $5,000 |
BIG BROTHERS BIG SISTERS PURPOSE: PROGRAM SUPPORT | $5,000 |
CAIRO COMMUNITY FOUNDATION PURPOSE: EQUIPMENT | $10,000 |
CENTRAL COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $10,000 |
CENTRAL COMMUNITY COLLEGE PURPOSE: OCCUPATIONAL THERAPY PROGRAM | $30,000 |
CENTRAL NE HUMANE SOCIETY PURPOSE: PROGRAM SUPPORT | $1,000 |