Luther And Stella Ogle Foundation Inc is located in Gatlinburg, TN. The organization was established in 1981. 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. Luther And Stella Ogle 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 03/2024, Luther And Stella Ogle Foundation Inc generated $73.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $58.4k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Luther And Stella Ogle Foundation Inc has awarded 30 individual grants totaling $548,069. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Burchfield Director | 1 | $0 | |
Michael Ogle Director | 1 | $0 | |
Candace Morton Director | 1 | $0 | |
Phillip Ogle President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,000 |
| Interest on Savings | $7,375 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $220 |
| Total operating and administrative expenses | $2,902 |
| Contributions, gifts, grants paid | $55,500 |
| Total expenses and disbursements | $58,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,048 |
| Savings and temporary cash investments | $1,240,929 |
| 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 | $1,387,977 |
| 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, Luther And Stella Ogle Foundation Inc has awarded $55,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SEVIER COUNTY FOOD MINISTRIES PURPOSE: TO PROVIDE FOOD AND HOPE TO FAMILIES IN NEED | $5,000 |
KINGS ACADEMY PURPOSE: TO PROVIDE EDUCATION TO K-12 GRADERS | $5,000 |
LEBON SAMARITAN PURPOSE: PROVIDE MEDICAL CARE FOR CHILDREN IN HAITI | $35,500 |
MOUNTAIN HOPE GOOD SHEPHARD CLINIC PURPOSE: PROVIDE QUALITY MEDICAL CARE FOR THE UNINSURED | $5,000 |
SMOKY MOUNTAIN AREA RESCUE MINISTRY PURPOSE: TO PROVIDE POINT OF NEED ASSISTANCE IN CRISIS | $5,000 |