Educational And Benevolent Foundation F Peoples Mutual
- Assets
- $317.3k
- Revenue
- $20.8k
- Investments
- $317.3k
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 54-1779633
Organization Overview
Educational And Benevolent Foundation F Peoples Mutual is located in Richmond, VA. The organization was established in 1996. 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. Educational And Benevolent Foundation F Peoples Mutual 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, Educational And Benevolent Foundation F Peoples Mutual generated $20.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $29.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,901 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,936 |
| Capital Gain Net Income | $11,936 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,671 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $664 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,035 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $29,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $317,343 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $317,343 |
| 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, Educational And Benevolent Foundation F Peoples Mutual has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WMU-VA PURPOSE: RELIGIOUS | $30,000 |
REVITALIZATION FOR GREATER GRETNA PURPOSE: RELIGIOUS | $10,000 |