Robert L Stigler Jr Memorial Fund
- Assets
- $238.9k
- Revenue
- $7.8k
- Investments
- $210.6k
- Employees
- 0
- Location
- Pine Bluff, AR
- Founding
- 09/1987
- Data as of
- 03/2023
- EIN
- 71-6126751
Organization Overview
Robert L Stigler Jr Memorial Fund is located in Pine Bluff, AR. The organization was established in 1987. 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. Robert L Stigler Jr Memorial Fund 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 03/2023, Robert L Stigler Jr Memorial Fund generated $7.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $20.3k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert L Stigler Jr Memorial Fund has awarded 49 individual grants totaling $122,102. 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
NONE
NONE
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simmons Bank Trustee | 5 | $0 | |
Gary Kelly Board Member | 0 | $0 | |
Kim Smith Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,645 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,165 |
| Capital Gain Net Income | $1,165 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,734 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,765 |
| Contributions, gifts, grants paid | $15,542 |
| Total expenses and disbursements | $20,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,332 |
| 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 | $210,602 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $238,934 |
| Accounts payable and accrued expenses | $540 |
| 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 | $540 |
Grants Awarded
Over the last fiscal year, Robert L Stigler Jr Memorial Fund has awarded $15,542 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ARKANSAS PURPOSE: VISITING LECTURESHIP IN ANTHROPOLOGY | $4,603 |
ST LUKES ROOSEVELT HOSPITAL PURPOSE: SUPPORT CARDIOPULMONARY LAB | $200 |
COLUMBIA UNIVERSITY PURPOSE: FUND RESEARCH IN FIELD OF ANTHROPOLOGY | $4,603 |
TRINITY EPISCOPAL CHURCH PURPOSE: UNRESTRICTED CONTRIBUTION | $1,534 |
HOPE OF THE DELTA PURPOSE: UNRESTRICTED CONTRIBUTION | $1,534 |
UNIVERSITY OF ARKANSAS PURPOSE: STUDENT SCHOLARSHIP | $3,068 |