Elizabeth Tyler Strandberg Foundation Inc
- Assets
- $160.0k
- Revenue
- $20.1k
- Investments
- $144.2k
- Employees
- 0
- Location
- Rocky Mount, NC
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-5403076
Organization Overview
Elizabeth Tyler Strandberg Foundation Inc is located in Rocky Mount, NC. The organization was established in 2016. 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. Elizabeth Tyler Strandberg 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 12/2021, Elizabeth Tyler Strandberg Foundation Inc generated $20.1k 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 (24.7%) each year. All expenses for the organization totaled $13.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ORGANIZATIONS SUCH AS CURRITUCK FAMILY YMCA, TETON COUNTY SEARCH AND RESCUE, 4 PAWS FOR ABILITY, AND HOPEWAY FOUNDATION PROVIDED SUPPORT FOR PROGRAMS ENGAGED IN ENRICHMENT, SERVICE, AND HEALTH AND WELL-BEING OF INDIVIDUALS OF ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Buckley Strandberg President/tr | 1 | $0 | |
Beth G Strandberg Vice Preside | 0.5 | $0 | |
Josephine G Strandberg Vice Preside | 0.5 | $0 | |
Anna Blair Tomlinson Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $294 |
| Interest on Savings | $1 |
| Dividends & Interest | $4,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,145 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $352 |
| Total operating and administrative expenses | $3,155 |
| Contributions, gifts, grants paid | $10,697 |
| Total expenses and disbursements | $13,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,794 |
| 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 | $159,984 |
| 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, Elizabeth Tyler Strandberg Foundation Inc has awarded $10,697 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Charlotte, NC PURPOSE: CHRISTIAN MINISTRY | $2,148 |
Greenville, SC PURPOSE: KINDNESS AND INCLUSION FOR CHILDREN | $2,060 |
Columbia, SC PURPOSE: CHILDREN'S CAMP | $2,000 |
FRANKIE LEMMON SCHOOL FOUNDATION PURPOSE: CHILD DEVELOPMENT CENTER | $2,000 |
BOYS & GIRLS CLUBS TAR RIVER REGION PURPOSE: YOUTH ACTIVITIES AND SUPPORT | $1,289 |
C-V RANCH PURPOSE: RESIDENTIAL TREATMENT FACILITY | $700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Williams Brice Edwards Charitable Trust Sumter, SC | $57,951,375 | $6,028,487 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |