Robert L & Mary Margaret Taylor Foundation
- Assets
- $1.7m
- Revenue
- $23.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Conway, AR
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 71-0839501
Organization Overview
Robert L & Mary Margaret Taylor Foundation is located in Conway, AR. The organization was established in 2001. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Robert L & Mary Margaret Taylor 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 12/2023, Robert L & Mary Margaret Taylor Foundation generated $23.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $110.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Robert L & Mary Margaret Taylor Foundation has awarded 12 individual grants totaling $581,976. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC RELIGIOUS EDUCATION, YOUTH ACTIVITIES, AND TRAINING PROGRAMS
METHODIST MINISTRY AND WORSHIP SUPPORT, EDUCATION, AND EVANGELISM
METHODIST YOUTH, COLLEGE, & CHILDREN'S RELIGIOUS EDUCATION,EVANGELISM & MISSION
CATHOLIC LOCAL, REGIONAL, AND INTERNATIONAL MISSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cliff Garrison Director | 1 | $0 | |
Edgar J Tyler Director | 2.5 | $0 | |
Matt Mallet Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,619 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,213 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,470 |
| Contributions, gifts, grants paid | $84,168 |
| Total expenses and disbursements | $110,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,405 |
| 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 | $81,254 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,659,500 |
| 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, Robert L & Mary Margaret Taylor Foundation has awarded $84,168 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: PROGRAMS SUBMITTED BY CHURCH | $42,084 |
ST JOSEPH CATHOLIC CHURCH PURPOSE: PROGRAMS SUBMITTED BY CHURCH | $42,084 |