Garry And Mary Lou Estes Foundation Inc is located in Hope, IN. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garry And Mary Lou Estes 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, Garry And Mary Lou Estes Foundation Inc generated $35.5k in total revenue. All expenses for the organization totaled $87.9k during the year ending 12/2023.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rikki Hege President | 10 | $0 | |
Brenton Mckinney Vice President | 3 | $0 | |
Andrea Hatton Secretary And Treasurer | 6 | $0 | |
Rex Baxter Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,376 |
| Interest on Savings | $149 |
| Dividends & Interest | $28,104 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,471 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $351 |
| Total Revenue | $35,509 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $251 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $279 |
| Total operating and administrative expenses | $31,827 |
| Contributions, gifts, grants paid | $56,114 |
| Total expenses and disbursements | $87,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,395 |
| 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 | $1,152,654 |
| 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, Garry And Mary Lou Estes Foundation Inc has awarded $56,114 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE ELEMENTARY PURPOSE: SCHOLARSHIP | $485 |
IVY TECH COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $1,573 |
TRINE UNIVERSITY PURPOSE: SCHOLARSHIP | $16,808 |
SOUTHEAST LINEMAN TRAINING CENTER PURPOSE: SCHOLARSHIP | $5,148 |
PAUL MITCHELL THE SCHOOL PURPOSE: SCHOLARSHIP | $10,000 |
AUSTIN COWAN PURPOSE: SCHOLARSHIP | $1,100 |