Charles F Herman Educational Fund
- Assets
- $50.0k
- Revenue
- $891.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pinehurst, NC
- Founding
- 01/1969
- Data as of
- 06/2023
- EIN
- 56-6090151
Organization Overview
Charles F Herman Educational Fund is located in Pinehurst, NC. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Charles F Herman Educational Fund 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 06/2023, Charles F Herman Educational Fund generated $891.0 in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $778.0 during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jj Jackson Board Chair | 0 | $0 | |
Jon Giles Board Vice Chair | 0 | $0 | |
Brenda Jackson Board Secretary/treasurer | 0 | $0 | |
George Little Trustee Chair | 0 | $0 | |
John Williams Development Committee Chair | 0 | $0 | |
Linda Branch Donor Relations Committee Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $971 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$80 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $778 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $50,011 |
| 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 | $50,011 |
| 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, Charles F Herman Educational Fund has awarded $2,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MARIA G AMBRIZ CORTES PURPOSE: SCHOLARSHIPS | $350 |
DEVON ADDISON ARMSTRONG PURPOSE: SCHOLARSHIPS | $995 |
ALEXANDER MICHAEL BORDEN PURPOSE: SCHOLARSHIPS | $84 |
JACOB DALTON KARJALA PURPOSE: SCHOLARSHIPS | $1,071 |