Loyce & Annette Turner Foundation Inc
- Assets
- $4.2m
- Revenue
- $500.6k
- Investments
- $4.0m
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 58-2360399
Organization Overview
Loyce & Annette Turner Foundation Inc is located in Valdosta, GA. The organization was established in 1998. 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. Loyce & Annette Turner 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 12/2022, Loyce & Annette Turner Foundation Inc generated $500.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.6% each year . All expenses for the organization totaled $117.6k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 4 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 2020, Loyce & Annette Turner Foundation Inc has awarded 71 individual grants totaling $294,761. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNETTE HOWELL TURNER CENTER FOR THE ARTS, 527 N. PATTERSON ST. VALDOSTA, GA 31602
CHAPEL AND YORK FOUNDATION, 155 E. 44TH ST., 6 FLOOR, SUITE 34, NEW YORK, NY 10017
MADISON SQUARE PARK CONSERVATORY, P.O. BOX 1814 NEW YORK, NY, 10159
GEORGIA PUBLIC BROADCASTING, 260 14TH ST. NW, ATLANTA, GA 30318
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Warren Turner Jr Director | 5 | $2,500 | |
Sally T Querin Director | 5 | $2,500 | |
Susan Turner Director | 5 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33 |
| Dividends & Interest | $39,736 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$798,280 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,259,118 |
| Total Revenue | $500,607 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $15,700 |
| Contributions, gifts, grants paid | $101,892 |
| Total expenses and disbursements | $117,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $195,390 |
| 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 | $4,204,984 |
| 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, Loyce & Annette Turner Foundation Inc has awarded $101,892 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA CONSERVANCY PURPOSE: CONSERVATION | $2,000 |
GIRLS ON THE RUN PURPOSE: HUMANITARIAN | $1,000 |
GEORGIA PUBLIC BROADCASTING PURPOSE: EDUCATION | $10,946 |
HABITAT FOR HUMANITY INC PURPOSE: AFFORDABLE HOUSING | $5,000 |
HOSPICE OF SOUTH GEORGIA PURPOSE: HOSPICE CARE | $5,000 |
MADISON SQUARE PARK CONSERVATORY PURPOSE: PARK ENHANCEMENT | $5,000 |