Edgar A Thurman Foundation For Children Nect
- Assets
- $6.2m
- Revenue
- $215.0k
- Investments
- $6.1m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 02/1975
- Data as of
- 06/2024
- EIN
- 54-6113281
Organization Overview
Edgar A Thurman Foundation For Children Nect is located in Orlando, FL. The organization was established in 1975. 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.
For the year ending 06/2024, Edgar A Thurman Foundation For Children Nect generated $215.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $366.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Edgar A Thurman Foundation For Children Nect has awarded 165 individual grants totaling $1,288,997. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $152,955 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,084 |
| Capital Gain Net Income | $62,084 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $215,039 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,488 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,888 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,088 |
| Total operating and administrative expenses | $66,964 |
| Contributions, gifts, grants paid | $299,000 |
| Total expenses and disbursements | $365,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $68,934 |
| 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 | $5,262,531 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,161,875 |
| 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, Edgar A Thurman Foundation For Children Nect has awarded $299,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATING | $8,000 |
TAUBMAN MUSEUM OF ART PURPOSE: GENERAL OPERATING | $10,000 |
SALEM AREA ECUMENICAL MINISTRIES PURPOSE: GENERAL OPERATING | $9,000 |
BLUE RIDGE MOUNTAINS COUNCIL PURPOSE: GENERAL OPERATING | $5,000 |
YOUNG MENS CHRISTIAN ASSOCIATION PURPOSE: GENERAL OPERATING | $8,000 |
SML GOOD NEIGHBORS INC PURPOSE: GENERAL OPERATING | $3,500 |