Nell E Shehee Foundation Trust
- Assets
- $506.8k
- Revenue
- $18.2k
- Investments
- $499.4k
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- Data as of
- 12/2023
- EIN
- 84-4068071
Organization Overview
Nell E Shehee Foundation Trust is located in Shreveport, LA. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Nell E Shehee Foundation 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 12/2023, Nell E Shehee Foundation Trust generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.4%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO ACTIVITY INCOME IN 2019
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $2,208 |
| Net ST Capital Gain | $2,364 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,500 |
| Total operating and administrative expenses | $7,326 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $35,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,438 |
| 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 | $0 |
| Total assets | $506,801 |
| 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, Nell E Shehee Foundation Trust has awarded $28,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
GEAUX 4 KIDS INC PURPOSE: GEAUX BAGS FOR CHILDREN WHO ENTERFOSTER CARE | $500 |
INNER CITY ENTREPRENEUR INSTITUTE-BIZCASOUTHERN UNIVERSITY SHREVEPORT FOUND PURPOSE: SOUTHERN UNIVERSITYLOUISIANA-HBCU | $0 |
CADDO CAREER TECHNOLOGY CENTER PURPOSE: VOCATION AND JOBTRAINING IN AREASOF TECHNOLOGY | $0 |
RED RIVER RADIO PURPOSE: NATIONAL PUBLICRADIO STATION | $3,000 |
SHREVEPORT LITTLE THEATER PURPOSE: LOCAL NON-PROFITPERFORMING ARTSCOMMUNITY THEATER | $0 |
LSU-ALEXANDRIA FOUNDATION PURPOSE: PROMOTION AND SUPPORTOF UNIVERSITY SCHOLORSHIPAND EDUCATION ACTIVITIES | $3,000 |