Fourevergreen Foundation Inc
- Assets
- $28.2m
- Revenue
- $727.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, KY
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-3184119
Organization Overview
Fourevergreen Foundation Inc is located in Anchorage, KY. The organization was established in 2018. 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. Fourevergreen 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 12/2023, Fourevergreen Foundation Inc generated $727.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.0% each year .
Since 2020, Fourevergreen Foundation Inc has awarded 32 individual grants totaling $2,706,636. 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 |
|---|---|---|---|
Mark Brown President | 5 | $0 | |
Jane E Brown Sec Of Board | 5 | $0 | |
Thomas Brown Grants Director | 5 | $0 | |
Samuel E Brown Grants Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $611,991 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $115,602 |
| Capital Gain Net Income | $115,602 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $727,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,727 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,892 |
| Total operating and administrative expenses | $55,916 |
| Contributions, gifts, grants paid | $1,530,725 |
| Total expenses and disbursements | $1,586,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,232 |
| Savings and temporary cash investments | $28,235,477 |
| 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 | $28,236,709 |
| 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, Fourevergreen Foundation Inc has awarded $1,530,725 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
21ST CENTURY PARKS INCTHE PARKLANDS OF FLOYDS FORK PURPOSE: GENERAL OPERATING FUNDS | $25,000 |
AMERICAN YOUTH FOUNDATION PURPOSE: PROJECT/PROGRAM SUPPORT | $50,000 |
ANCHORAGE PUBLIC SCHOOL PURPOSE: PROJECT/PROGRAM FUNDS | $80,000 |
BOYS AND GIRLS HAVEN PURPOSE: PROJECT/PROGRAM SUPPORT | $175,000 |
ANGLO-AMERICAN CHARITABLE FOUNDATION PURPOSE: GENERAL OPERATING FUNDS | $250,000 |
APPLE PATCH COMMUNITY INCPILLAR PURPOSE: PROJECT/PROGRAM SUPPORT | $50,000 |