Michael M And Eve K Ossoff Foundation
- Assets
- $1.2m
- Revenue
- $76.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 65-0965991
Organization Overview
Michael M And Eve K Ossoff Foundation is located in Nashville, TN. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Michael M And Eve K Ossoff 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 12/2022, Michael M And Eve K Ossoff Foundation generated $76.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Michael M And Eve K Ossoff Foundation has awarded 23 individual grants totaling $543,440. 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 |
|---|---|---|---|
Martha O Blaxall Trustee | 10 | $0 | |
Robert H Ossoff Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,856 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,081 |
| Capital Gain Net Income | $57,081 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,937 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,420 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,080 |
| Total operating and administrative expenses | $18,000 |
| Contributions, gifts, grants paid | $17,666 |
| Total expenses and disbursements | $35,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $106,430 |
| 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 | $1,104,688 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,211,118 |
| 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, Michael M And Eve K Ossoff Foundation has awarded $95,719 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOWDOIN COLLEGE PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $17,667 |
COMMUNITY FDN OF ANNE ARUNDEL COUNTY BLAXALL FUND FOR ECONOMIC GROWTH PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $40,000 |
VANDERBILT UNIVERSITY MEDICAL CENTER DEVELOPMENT PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $38,052 |