L Duanne & Helen Tackett Oneal Foundation is located in Martinsville, IN. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L Duanne & Helen Tackett Oneal Foundation 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 12/2023, L Duanne & Helen Tackett Oneal Foundation generated $23.0k 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 (24.1%) each year. All expenses for the organization totaled $15.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, L Duanne & Helen Tackett Oneal Foundation has awarded 19 individual grants totaling $146,686. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Oneal Director | 1 | $1,000 | |
Lisa Oneal Director | 1 | $8,500 | |
Emily Garrett Director | 1 | $1,000 | |
Richard Bray Director | 1 | $1,000 | |
Tamara K Richert Director | 1 | $1,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,958 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,958 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $440 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,465 |
| Contributions, gifts, grants paid | $2,304 |
| Total expenses and disbursements | $15,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,480 |
| 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 | $2,616,370 |
| 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 |
Over the last fiscal year, L Duanne & Helen Tackett Oneal Foundation has awarded $36,460 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LOGAN PHELPS PURPOSE: IU INDIANAPOLIS | $3,599 |
ARIC PEINE PURPOSE: PURDUE UNIVERSITY | $7,064 |
SAMUEL MYERS PURPOSE: MARION UNIVERSITY | $5,000 |
SADIE SUTER PURPOSE: UNIVERSITY OF SOUTHERN INDIANA | $5,000 |
ZOE PHELPS PURPOSE: BUTLER UNIVERSITY | $5,000 |
LAUREN JOHNSON PURPOSE: PURDUE UNIVERSITY | $7,164 |