LAUREL, MS
Eastman Memorial Foundation
Quick Facts
- EIN
- 640308406
- Location
- LAUREL, MS
- Category
- General
- Total Assets
- $45.9M
- Annual Income
- $6M
- IRS Ruling Year
- 1947
- Organization Type
- Trust
- Tax Deductibility
- Contributions are deductible
About This Foundation
Eastman Memorial Foundation is a private trust based in LAUREL, MS. The foundation received its IRS ruling in 1947. It holds total assets of $45.9M. Annual income is reported at $6M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$1.7M
2023-5%
Total Assets
$45.9M
2023+2%
Fair Market Value
$55.8M
2023
Net Worth
$45.9M
2023
Grants Paid
$0
2023
Contributions
$863K
2023
Net Investment Income
$1.2M
2023
Distribution Amount
$0
2023
Total Giving by Year
$1.5M
14$1.4M
18$1.3M
19$1.2M
20$1.5M
21$1.8M
22$1.7M
23Asset Growth
$42.7M
14$43.3M
18$43.5M
19$43.8M
20$44.2M
21$44.9M
22$45.9M
23Investment Portfolio (2023)
Total: $12.4M
Corporate Stock: $12.4M
Other Investments: $16K
Cash: $194K
Corporate Stock (98%)
Other Investments (0%)
Cash (2%)
Expense Breakdown (2023)
Depreciation$206K
Occupancy$139K
Officer Compensation$110K
Pension & Benefits$54K
Accounting Fees$23K
Printing & Publications$16K
Revenue Sources (2023)
- Contributions
- $863K
- Other Income
- $815K
- Capital Gains (Net)
- $787K
- Dividends
- $277K
- Gross Rents
- $33K
Financial Details (2023)
- Total Revenue
- $2.8M
- Total Expenses
- $1.7M
- Exempt Purpose Expenses
- $1.2M
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $60K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2024-05 | 990PF | View Filing |
| 2023-05 | 990PF | View Filing |
| 2022-05 | 990PF | View Filing |
| 2021-05 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica