Custodes Libertatis Memorial Foundation
- Assets
- $459.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 81-3831593
Organization Overview
Custodes Libertatis Memorial Foundation is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Custodes Libertatis Memorial 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, Custodes Libertatis Memorial Foundation generated $118.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $13.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDED 8 SCHOLARSHIPS TO 4 BENEFICIARIES OR THE INSTITUTIONS THE BENEFICIARIES ATTENDED IN 2022. THE SCHOLARSHIPS PROVIDED APPROXIMATELY 1 SEMESTER OF COLLEGIATE TUITION AND VARIOUS BOOKS, LAB FEES, AND EXPENSES ASSOCIATED WITH THE EDUCATION OF THE 4 BENEFICIARIES. THE TOTAL VALUE OF SCHOLARSHIPS PROVIDED TO THE 4 BENEFICIARIES WAS $7,810 IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Freeh Chairman & President | 10 | $0 | |
Daniel Runzheimer Secretary & Treasurer | 10 | $0 | |
Steve Hudock Director | 1 | $0 | |
Maryellen Reilly Director | 1 | $0 | |
Jared Sprunk Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,688 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,371 |
| Gain or Loss | -$6,642 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,417 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,065 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,711 |
| Total expenses | $13,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $234,430 |
| Other assets | $0 |
| Total assets | $459,846 |
| Total liabilities | $0 |
| Net assets or fund balances | $459,846 |
Grants Awarded
Over the last fiscal year, Custodes Libertatis Memorial Foundation has awarded $23,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JULIA BIANCHI PURPOSE: SCHOLARSHIP | $2,500 |
KELSEY DONOVAN PURPOSE: SCHOLARSHIP | $14,000 |
CHRISTOPHER BIANCHI PURPOSE: SCHOLARSHIP | $4,500 |
MEGAN DONOVAN PURPOSE: SCHOLARSHIP | $2,000 |