//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Love Tank Foundation is a private trust based in VICKSBURG, MS. The foundation received its IRS ruling in 2014. The principal officer is Thomas M Mcelroy. It holds total assets of $351K. Annual income is reported at $22K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Mississippi. According to available records, Love Tank Foundation has made 32 grants totaling $77K, with a median grant of $2K. Annual giving has grown from $17K in 2020 to $40K in 2022. Individual grants have ranged from $250 to $8K, with an average award of $2K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$7K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Love Tank Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MS.
Love Tank Foundation has distributed a total of $77K across 32 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $250 to $8K.
Love Tank Foundation typically selects its grantees rather than accepting unsolicited proposals.
Love Tank Foundation is headquartered in VICKSBURG, MS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ellen Foster | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$343K
Fair Market Value
$398K
Net Worth
$343K
Grants Paid
$22K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$18K
Total Grants
32
Total Giving
$77K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vicksburg Warren Humane SocietyANIMAL PROTECTION AND WELFARE | Vicksburg, MS | $7K | 2022 |
| Haven House Family ShelterMINISTRY | Vicksburg, MS | $3K | 2022 |
| Rainbow Farms Riding CenterANIMAL PROTECTION AND WELFARE | Vicksburg, MS | $2K | 2022 |
| Galilee Baptist ChurchMINISTRY | Raymond, MS | $2K | 2022 |
| Stone County SpcaANIMAL PROTECTION AND WELFARE | Wiggins, MS | $2K | 2022 |
| River City KittyANIMAL PROTECTION AND WELFARE | Vicksburg, MS | $1K | 2022 |
| Ms Horse RescueANIMAL PROTECTION AND WELFARE | Madison, MS | $1K | 2022 |
| Beautiful DeliveranceMINISTRY | Vicksburg, MS | $1K | 2022 |
| Paws RescueANIMAL PROTECTION AND WELFARE | Redwood, MS | $1K | 2022 |
| Jacobs Ladder Learning CenterSPECIAL NEEDS ADVANCEMENT | Vicksburg, MS | $1K | 2021 |
| Oktibbeha County Humane SocietyANIMAL PROTECTION AND WELFARE | Starkville, MS | $2K | 2020 |
| Chamber Of Commerce FundCIVIC ADVANCEMENT | Vicksburg, MS | $250 | 2020 |