Louisiana-Mississippi-West Tennessee District Foundation Inc
- Assets
- $867.6k
- Revenue
- $125.0k
- Investments
- $723.9k
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 05/1981
- Data as of
- 09/2023
- EIN
- 72-0905792
Organization Overview
Louisiana-Mississippi-West Tennessee District Foundation Inc is located in Baton Rouge, LA. The organization was established in 1981. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana-Mississippi-West Tennessee District 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 09/2023, Louisiana-Mississippi-West Tennessee District Foundation Inc generated $125.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $75.2k during the year ending 09/2023. While expenses have increased by 2.5% 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 2021, Louisiana-Mississippi-West Tennessee District Foundation Inc has awarded 110 individual grants totaling $173,476. 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
GRANTS TO VARIOUS KIWANIS CLUBS
KEY CLUB LEADERSHIP TRAINING AND SCHOLARSHIPS FOR KEY CLUB MEMBERS
SCHOLARSHIPS TO EDUCATION INSTITUTIONS AND OTHER GRANTS TO VARIOUS NON-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Robertson Exec Dir Treasurer | 10 | $0 | |
Michael Caruthers President | 1 | $0 | |
Catherine Simmons Secretary | 1 | $0 | |
Andrew Dozier Vice President | 1 | $0 | |
Jennifer Kelly White Imm Past President | 1 | $0 | |
Ralph Carter Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,219 |
| Interest on Savings | $9 |
| Dividends & Interest | $17,129 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,601 |
| Total Revenue | $124,958 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $274 |
| Depreciation | $0 |
| Occupancy | $10,000 |
| Travel, conferences, and meetings | $1,943 |
| Printing and publications | $0 |
| Other expenses | $4,965 |
| Total operating and administrative expenses | $22,025 |
| Contributions, gifts, grants paid | $53,189 |
| Total expenses and disbursements | $75,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,138 |
| Savings and temporary cash investments | $68,576 |
| 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 | $723,918 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $867,632 |
| 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, Louisiana-Mississippi-West Tennessee District Foundation Inc has awarded $53,189 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MISSISSIPPI PURPOSE: KEY CLUB SCHOLARSHIP | $2,000 |
LOUISIANA TECH UNIVERSITY PURPOSE: KEY CLUB SCHOLARSHIP | $3,500 |
CHRISTIAN BROTHERS UNIVERSITY PURPOSE: KEY CLUB SCHOLARSHIP | $2,000 |
TULANE UNIVERSITY PURPOSE: KEY CLUB SCHOLARSHIP | $2,000 |
LOUISIANA TECH UNIVERSITY PURPOSE: KEY CLUB SCHOLARSHIP | $1,000 |
MISSISSIPPI STATE UNIVERSITY PURPOSE: KEY CLUB SCHOLARSHIP | $1,000 |