Laura Fields Trust
- Assets
- $2.3m
- Revenue
- $113.7k
- Investments
- $1.8m
- Employees
- 0
- Location
- Lawton, OK
- Founding
- 11/1954
- Data as of
- 06/2022
- EIN
- 73-6095854
Organization Overview
Laura Fields Trust is located in Lawton, OK. The organization was established in 1954. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Laura Fields Trust 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 06/2022, Laura Fields Trust generated $113.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $238.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laura Fields Trust has awarded 92 individual grants totaling $765,810. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMERON UNIVERSITY VAL/SAL PROGRAM- PROVIDES A SCHOLARSHIP TO EACH OF THE AREA HIGH SCHOOL'S TOP 2 STUDENTS IF THEY CHOOSE TO ATTEND CAMERON UNIVERSITY. YEARS 2-4 ARE PAID BY THE UNIVERSITY.
BOY SCOUTS
LAWTON PUBLIC SCHOOLS FOUNDATION
LAWTON HEIGHTS METHODIST CHURCH
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Adair Chairman | 2 | $0 | |
Rev Paul Abbleby Trustee | 2 | $0 | |
Dr Bryan Cain Trustee | 0.5 | $0 | |
Sheila Fountain Manager | 20 | $12,500 | |
Dr Brian Birdwell Trustee | 0.5 | $0 | |
Taylor Viet Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,490 |
| Interest on Savings | $3,883 |
| Dividends & Interest | $60,706 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $122,420 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,664 |
| Total Revenue | $113,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,919 |
| Depreciation | $0 |
| Occupancy | $6,164 |
| Travel, conferences, and meetings | $1,400 |
| Printing and publications | $0 |
| Other expenses | $19,955 |
| Total operating and administrative expenses | $48,538 |
| Contributions, gifts, grants paid | $189,692 |
| Total expenses and disbursements | $238,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $91,438 |
| Net Accounts receivable | $264,211 |
| 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 | $59,402 |
| Investments—mortgage loans | $0 |
| Investments—other | $61,450 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,261,048 |
| Accounts payable and accrued expenses | $1,863 |
| Grants payable | $38,142 |
| 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 | $40,005 |
Grants Awarded
Over the last fiscal year, Laura Fields Trust has awarded $189,692 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CAMERON UNIVERSITY PURPOSE: SPEECH SCHOLARSHIP | $4,480 |
CENTER FOR CREATIVE LIVING PURPOSE: GENERAL OPERATIONS | $3,000 |
CAMERON UNIVERSITY PURPOSE: VAL/SALSCHOLARSHIPS | $7,520 |
STUDENT LOAN PROGRAM PURPOSE: STUDENT LOANS | $36,761 |
GREAT PLAINS TECH PURPOSE: ANNUAL PLEDGE | $5,000 |
LAWTON PUBLIC SCHOOLS PURPOSE: TEACHER INCENTIVES | $3,000 |