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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO AWARD SCHOLARSHIP GRANTS TO SCHOOL TEACHERS WITHIN THE INDEPENDENT SCHOOLS IN GEORGIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Connell Trustee | 0 | $0 | |
Dr Michael Drake Chairman | 0 | $0 | |
Nancy Loveday Smith Trustee | 0 | $0 | |
Ferrell Singleton Treasurer | 0 | $0 | |
Jamie Arthur Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,610 |
| Gain or Loss | -$8,268 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | -$108 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $6,450 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,854 |
| Other assets | $0 |
| Total assets | $201,854 |
| Total liabilities | $0 |
| Net assets or fund balances | $201,854 |