Dr Lynn Hicks Foundation Inc
- Assets
- $100.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Simons Island, GA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 84-2189196
Organization Overview
Dr Lynn Hicks Foundation Inc is located in St Simons Island, GA. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Dr Lynn Hicks 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WILL DIRECT GRANTS TO VARIOUS INSTITUTIONS AND CONSIDER GRANTING SCHOLARSHIPS TO INDIVIDUALS TO ATTEND EDUCATIONAL INSTITUTIONS IN ORDER TO STUDY INDIVIDUAL LIBERTY, ECONOMIC FREEDOM, CAPITALISM, FREE MARKETS, AND THE RIGHTS OF INDIVIDUALS TO SELF DETERMINATION. SCHOLARSHIP GRANTS WILL BE LIMITED TO SCHOLARS STUDYING INDIVIDUAL LIBERTY, ECONOMIC FREEDOM, CAPITALISM, FREE MARKETS, AND THE RIGHTS OF INDIVIDUALS TO SELF-DETERMINATION. HELPING STUDENTS DISCOVER THE ECONOMICS OF FREEDOM, AND INSPIRING THEM TO GO ON TO TEACH AT THE UNIVERSITY LEVEL, IS A PRIORITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Hicks MD President | 0.5 | $0 | |
David Shoffitt Vice President | 0.5 | $0 | |
Hal Herndon Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,000 |
| Other assets | $0 |
| Total assets | $100,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,000 |
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