Fred H Loveday Endowment Foundation
- Assets
- $208.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Thomaston, GA
- Founding
- 12/1984
- Data as of
- 03/2022
- EIN
- 58-1528681
Organization Overview
Fred H Loveday Endowment Foundation is located in Thomaston, GA. The organization was established in 1984. 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. Fred H Loveday Endowment 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 03/2022, Fred H Loveday Endowment Foundation generated $64.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $9.3k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO AWARD SCHOLARSHIP GRANTS TO SCHOOL TEACHERS WITHIN THE INDEPENDENT SCHOOLS IN GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Connell Trustee | 0 | $0 | |
Dr Michael Drake Chairman | 0 | $0 | |
Jamie Arthur Trustee | 0 | $0 | |
Nancy Loveday Smith Trustee | 0 | $0 | |
Clark Howell Trustee | 0 | $0 | |
Ferrell Singleton Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,967 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,383 |
| Gain or Loss | $45,201 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,551 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,608 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $9,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,412 |
| Other assets | $0 |
| Total assets | $208,412 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,412 |
Peer Organizations
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|---|---|---|
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |