Percy B Ferebee Endowment
- Assets
- $3.0m
- Revenue
- $129.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 11/1973
- Data as of
- 12/2022
- EIN
- 56-6118992
Organization Overview
Percy B Ferebee Endowment is located in Las Vegas, NV. The organization was established in 1973. 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. Percy B Ferebee Endowment 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, Percy B Ferebee Endowment generated $129.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $227.5k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Percy B Ferebee Endowment has awarded 245 individual grants totaling $989,080. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Sandlin Officer | 1 | $200 | |
Janet Stiles Officer | 1 | $200 | |
Jim Conely Jr Officer | 1 | $200 | |
Wells Fargo Bank N A Trustee | 1 | $39,705 | |
Aaron Dirk Cody Officer | 1 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $105,801 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,504 |
| Capital Gain Net Income | $23,504 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,705 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,804 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $527 |
| Total operating and administrative expenses | $57,480 |
| Contributions, gifts, grants paid | $169,980 |
| Total expenses and disbursements | $227,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,430 |
| Savings and temporary cash investments | $142,727 |
| 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 | $2,821,169 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,966,326 |
| 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, Percy B Ferebee Endowment has awarded $169,980 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
JULIANA AIKEN CO UNI OF NORTH CAROLINA PURPOSE: SCHOLARSHIP | $2,644 |
TAYLOR BALL CO NORTH CAROLINA ST UNIV PURPOSE: SCHOLARSHIP | $2,644 |
HAILEY BOWMAN CO WESTERN CAROLINA UNIV PURPOSE: SCHOLARSHIP | $2,644 |
JENA BALDWIN CO UNIV OF NORTH GEORGIA PURPOSE: SCHOLARSHIP | $2,644 |
COOPER CABLE CO NORTH CAROLINA ST UNIV PURPOSE: SCHOLARSHIP | $2,644 |
RACHEL CLINE CO WESTERN CAROLINA UNIV PURPOSE: SCHOLARSHIP | $2,644 |