Lift High Foundation Inc is located in Shenandoah, TX. The organization was established in 2019. 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. Lift High 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, Lift High Foundation Inc generated $1.7m in total revenue.
Since 2020, Lift High Foundation Inc has awarded 27 individual grants totaling $650,000. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari Meloy President\director | 1 | $0 | |
Charles Meloy Vice President\director | 1 | $0 | |
Katy Evans Secretary\director | 1 | $0 | |
Marissa Meloy Treasurer\director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $999,649 |
| Interest on Savings | $8,599 |
| Dividends & Interest | $135,425 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $539,448 |
| Capital Gain Net Income | $539,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,683,121 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,487 |
| Taxes | $3,296 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $34,402 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $334,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,823 |
| Savings and temporary cash investments | $0 |
| 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 | $2,346,065 |
| Total assets | $6,368,141 |
| 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, Lift High Foundation Inc has awarded $275,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
GOD'S GARAGE PURPOSE: HELPING WIDOWS OF DEPLOYED MILITARY | $25,000 |
HOUSTON COMMUNITY COLLEGE PURPOSE: LIFT HIGH SCHOLARSHIP | $25,000 |
HOUSTON COMMUNITY COLLEGE PURPOSE: UNRESTRICTED SCHOLARSHIPS | $10,000 |
LONE START COLLEGE FOUNDATION PURPOSE: VET TECH RABIES SHOTS | $7,500 |
HABITAT FOR HUMANITY PURPOSE: BUILD HOMES FOR FAMILIES IN NEED | $15,000 |
THE BROOKWOOD COMMUNITY PURPOSE: EMBROIDERY MACHINE FOR DISABLED | $25,000 |