Marian Gaynor Yanamura Educational Fund Inc is located in Fairhope, AL. The organization was established in 1997. 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. Marian Gaynor Yanamura Educational Fund 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, Marian Gaynor Yanamura Educational Fund Inc generated $128.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $102.8k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Marian Gaynor Yanamura Educational Fund Inc has awarded 66 individual grants totaling $196,500. 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
SCHOLARSHIPS AWARDED PER OPERATING DOCUMENT 22 AWARDS @ $3,000.00
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Gibson President | 4 | $300 | |
C O Mccawley Jr Sec / Treas. | 4 | $300 | |
Christina Dunn Director | 2 | $300 | |
Patricia Hudson Director | 2 | $300 | |
Hilda Jenkins Director | 2 | $300 | |
Michael Upchurch Director | 2 | $300 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $99,661 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,566 |
| Capital Gain Net Income | $28,566 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $128,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,820 |
| Depreciation | $0 |
| Occupancy | $494 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,765 |
| Total operating and administrative expenses | $36,759 |
| Contributions, gifts, grants paid | $66,000 |
| Total expenses and disbursements | $102,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,010 |
| Savings and temporary cash investments | $11,568 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,830,320 |
| 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 |
Over the last fiscal year, Marian Gaynor Yanamura Educational Fund Inc has awarded $66,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ISABEL CUELLAR ACKER PURPOSE: EDUCATION | $3,000 |
EMILY KRISTINE ALLEN PURPOSE: EDUCATION | $3,000 |
MADISON SKYE BENTON PURPOSE: EDUCATION | $3,000 |
JULIA LANE EUBANKS PURPOSE: EDUCATION | $3,000 |
AUSTIN GLENN BOSSARD PURPOSE: EDUCATION | $3,000 |
KATELYN GRACE JOHNSON PURPOSE: EDUCATION | $3,000 |