Albert Leroy Brown Foundation Inc
- Assets
- $469.5k
- Revenue
- $6.0k
- Investments
- $456.6k
- Employees
- 0
- Location
- Leesurg, FL
- Founding
- 03/1996
- Data as of
- 08/2023
- EIN
- 59-3332046
Organization Overview
Albert Leroy Brown Foundation Inc is located in Leesurg, FL. The organization was established in 1996. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Albert Leroy Brown 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 08/2023, Albert Leroy Brown Foundation Inc generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $44.1k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Albert Leroy Brown Foundation Inc has awarded 116 individual grants totaling $112,550. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christyne B Hamilton President, Treasurer | 15 | $0 | |
Jana M Brown Secretary, Director | 5 | $0 | |
Albert L Brown Jr Vice President, Director | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $2,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,453 |
| Capital Gain Net Income | $3,453 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $136 |
| Total Revenue | $6,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $1,923 |
| Total operating and administrative expenses | $10,933 |
| Contributions, gifts, grants paid | $33,200 |
| Total expenses and disbursements | $44,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,867 |
| Savings and temporary cash investments | $0 |
| 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 | $469,505 |
| Accounts payable and accrued expenses | $1,800 |
| 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 | $2,649 |
| Total liabilities | $4,449 |
Grants Awarded
Over the last fiscal year, Albert Leroy Brown Foundation Inc has awarded $33,200 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMVETS PURPOSE: CHARITABLE | $250 |
ANGEL FLIGHT PURPOSE: CHARITABLE - MEDICAL FLIGHT ASSISTANCE | $750 |
BETHUNE COOKMAN COLLEGE PURPOSE: EDUCATIONAL - COLLEGE | $1,625 |
BETHEL BAPTIST ASSOCIATION PURPOSE: CHARITABLE - CHURCH | $1,000 |
BOYS AND GIRLS CLUB PURPOSE: CHARITABLE - ASSISTANCE WITH YOUNG CHILDREN | $1,000 |
DR MARTIN LUTHER COMMEMORATION COMMITTEE PURPOSE: CHARITABLE | $4,000 |