Felterman Foundation
- Assets
- $853.1k
- Revenue
- $59.8k
- Investments
- $744.3k
- Employees
- 0
- Location
- Patterson, LA
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 72-1178593
Organization Overview
Felterman Foundation is located in Patterson, LA. The organization was established in 1991. 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. Felterman 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, Felterman Foundation generated $59.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $83.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Felterman Foundation has awarded 246 individual grants totaling $350,488. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel C Felterman President | 0 | $0 | |
Lisa F Kornegay Vice President | 0 | $0 | |
D Lee Felterman Secretary | 0 | $0 | |
Jody M Felterman Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,167 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,480 |
| Capital Gain Net Income | $34,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,970 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $521 |
| Other expenses | $15 |
| Total operating and administrative expenses | $5,139 |
| Contributions, gifts, grants paid | $78,650 |
| Total expenses and disbursements | $83,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $108,777 |
| 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 | $56,042 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $853,075 |
| 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, Felterman Foundation has awarded $78,650 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ARC OF ST MARY CENTER OF HOPE PURPOSE: EDUCATIONAL | $500 |
BOY SCOUTS CAMP PALOURDE DEVELOPMENT FUND PURPOSE: EDUCATIONAL | $500 |
COMMUNITY FOUNDATION OF ACADIANA ST MARY PURPOSE: EDUCATIONAL | $7,500 |
DILLARD UNIVERSITY - MICHAEL BROWN PURPOSE: EDUCATIONAL | $2,000 |
DREAMS COME TRUE OF LOUISIANA INC PURPOSE: EDUCATIONAL | $1,000 |
DUP 15Q ALLIANCE PURPOSE: MEDICAL | $2,000 |