The Emily B Andrews Memorial Foundation Inc
- Assets
- $184.7k
- Revenue
- $47.8k
- Investments
- $135.5k
- Employees
- 0
- Location
- Morganton, NC
- Founding
- 08/1989
- Data as of
- 12/2022
- EIN
- 56-1667607
Organization Overview
The Emily B Andrews Memorial Foundation Inc is located in Morganton, NC. The organization was established in 1989. 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. Emily B Andrews Memorial 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, Emily B Andrews Memorial Foundation Inc generated $47.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $42.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Emily B Andrews Memorial Foundation Inc has awarded 64 individual grants totaling $113,100. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Conn Trustee/vice President | 1 | $6,600 | |
Iris F Work Trustee/president | 1 | $6,600 | |
Julie Mackorell Trustee/secretary | 1 | $6,600 | |
J R Simpson Trustee/treasurer | 1 | $6,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,889 |
| Dividends & Interest | $6,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,890 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $51,000 |
| Total Revenue | $47,798 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $772 |
| Total operating and administrative expenses | $29,221 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $42,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,155 |
| 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 | $296 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $184,650 |
| 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, The Emily B Andrews Memorial Foundation Inc has awarded $13,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
APPALACHIAN STATE UNIVERSITY FOR LAWRENCE JOHN NATALE II PURPOSE: EDUCATION SCHOLARSHIP | $2,000 |
CALDWELL COMMUNITY COLLEGE FOR KAYLEE REDWINE PURPOSE: EDUCATION SCHOLARSHIP | $2,000 |
GLEN ALPINE FOOD PANTRY INC PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
GRAND STRAND HUMANE SOCIETY PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
HOLY TRINITY LUTHERAN CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
PURDUE GLOBAL UNIVERSITY FOR JOHN MACKORELL PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |