Lewis Hall & Mildred Sasser Singletary Foundation Inc
- Assets
- $22.6m
- Revenue
- $2.7m
- Investments
- $22.2m
- Employees
- 0
- Location
- Thomasville, GA
- Founding
- 06/1991
- Data as of
- 12/2023
- EIN
- 58-1906094
Organization Overview
Lewis Hall & Mildred Sasser Singletary Foundation Inc is located in Thomasville, GA. The organization was established in 1991. 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. Lewis Hall & Mildred Sasser Singletary 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 12/2023, Lewis Hall & Mildred Sasser Singletary Foundation Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 9 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, Lewis Hall & Mildred Sasser Singletary Foundation Inc has awarded 323 individual grants totaling $12,075,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hamil President | 0 | $0 | |
Karen S Leabo Director | 0 | $0 | |
Richard L Singletary Jr Treasurer | 0 | $0 | |
Lewis Hall Singletary II Secretary | 0 | $0 | |
Greg Hamil Director | 0 | $0 | |
Karen L Singletary Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,803 |
| Dividends & Interest | $672,369 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,999,291 |
| Capital Gain Net Income | $1,999,291 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,673,463 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54,630 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $218,938 |
| Total operating and administrative expenses | $280,518 |
| Contributions, gifts, grants paid | $1,700,000 |
| Total expenses and disbursements | $1,980,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $377,993 |
| Net Accounts receivable | $9,181 |
| 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 | $1,082 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $528,279 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,637,280 |
| Accounts payable and accrued expenses | $8,750 |
| 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 | $8,750 |
Grants Awarded
Over the last fiscal year, Lewis Hall & Mildred Sasser Singletary Foundation Inc has awarded $1,700,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE DEFENSE FUND PURPOSE: BLACKSTONE LEGAL FELLOWSHIP | $25,000 |
AMERICAN RED CROSS PURPOSE: HOME FIRE CAMPAIGN | $20,000 |
ARCHBOLD FOUNDATION PURPOSE: INTERNAL MEDICINE RESIDENCY PROG | $75,000 |
BISHOP HALL CHARTER SCHOOL PURPOSE: OPERATING NEEDS | $90,000 |
BROOKWOOD SCHOOL PURPOSE: FINANCIAL AID 2020-2021 | $50,000 |
COMMUNITY FOUNDATION OF S GEORGIA PURPOSE: ELEMENT 3 CHURCH | $5,000 |