Fesmire Family Foundation in Jackson, Tennessee (TN)

Table of contents:

Organization representatives - add corrected or new information about Fesmire Family Foundation »

Non-representatives - add comments about Fesmire Family Foundation»

Fesmire Family Foundation
Employer Identification Number (EIN)800013524
Name of OrganizationFesmire Family Foundation
In Care of NameOffice Of The President
Address1050 Union University Dr, Jackson, TN 38305-3656
SubsectionCharitable Organization
Ruling Date03/2003
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2008
Assets$1,000,000 to $4,999,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,045,291
Amount of Income$58,844
Form 990 Revenue Amount$58,844
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Fund Raising and/or Fund Distribution


Non-representatives - add comments:


CAPTCHA

Your IP address 54.89.68.105 will be logged.

Amount of income in 2008: $58,844
This organization: 

 $58,844
Other organizations performing similar types of work: 

 $71,879

Assets in 2008: $3,045,291
Fesmire Family Foundation: 

 $3,045,291
Other organizations performing similar types of work: 

 $65,261

Expenses in 2007: $115,199
This organization: 

 $115,199
Other organizations performing similar types of work: 

 $1,310,481

Income to expenses ratio in 2007: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.6

Expenses allocated to program services in 2007: 83.6%
This organization: 

 83.6%
Other organizations performing similar types of work: 

 80.2%

Grants share in income in 2007: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 45.1%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20032004200520062007
Total revenue$2,224,236$719,966$658,866$105,046$115,199
Contributions, gifts, grants, and similar amounts received$2,050,174$597,000$500,000$0$0
Contributions to donor advised funds$0$0
Direct public support$2,050,174$597,000$500,000$0$0
Indirect public support$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0
Dividends and interest from securities$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$174,062$122,966$158,866$105,046$69,738
Gain or (loss) from sales of assets other than inventory$0$0$0$0$45,461
Gross amount from sales of assets other than inventory$0$0$0$0$225,461
Less: cost or other basis and sales expenses$0$0$0$0$180,000
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$0$0$0$0$0
Total expenses$174,062$122,966$158,866$105,046$115,199
Program services$145,747$104,200$130,937$63,760$96,270
Management and general$28,315$18,766$27,929$41,286$18,929
Fundraising$0$0$0$0$0
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$2,093,009$2,690,009$3,190,009$2,690,009$2,690,009
Excess or (deficit) for the year$2,050,174$597,000$500,000$0$0
Net assets or fund balances at beginning of year$0$2,093,009$2,690,009$2,690,009$2,690,009
Other changes in net assets or fund balances$42,835$0$0$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$115,199$96,270$18,929$0
Grants paid from donor advised funds$0
Other grants and allocations$96,270
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$18,929$0$18,929$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$0$0$0$0
Balance Sheets
20032004200520062007
Total assets$2,618,921$3,244,675$3,721,202$3,309,123$3,035,393
Cash - non-interest-bearing$96,843$37,488$83,715$83,126$143,323
Savings and temporary cash investments$0$0$14,970$0$0
Accounts receivable less allowance for doubtful accounts$13,862$18,845$0$42,397$50,802
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$1,463,577$2,060,577$2,560,577$2,060,577$1,880,577
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$1,044,639$1,127,765$1,061,940$1,123,023$960,691
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Other assets, including program-related investments$0$0$0$0$0
Total liabilities$525,912$554,666$531,193$619,114$345,384
Accounts payable and accrued expenses$0$0$0$0$0
Grants payable$102,912$114,466$141,193$204,953$301,223
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$423,000$440,200$390,000$414,161$44,161
Other liabilities$0$0$0$0$0
Total liabilities and net assets/fund balances$2,618,921$3,244,675$3,721,202$3,309,123$3,035,393
Total net assets or fund balances$2,093,009$2,690,009$3,190,009$2,690,009$2,690,009
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20032004200520062007
Total revenue$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0
Other expenses$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$0$0$0$0
Other revenue$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20032004200520062007
Total expenses$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0
Other revenue$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$0$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings7
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$115,199
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$69,738
Gain or (loss) from sales of assets other than inventory000000$000$0$45,461
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType I
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
620516509Union UniversityYes$96,270
Total$96,270
Support Schedule
20022003200420052006
Total$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Fesmire Family Foundation to others? (optional)
  
Add photo of Fesmire Family Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Women Of Hope Center in Jackson, TN
*****
Tcgc Animal League Inc in Kingsport, TN
Streetdog Foundation Inc in Memphis, TN
*
John R Hay House Inc in Kingsport, TN
*
David Rives Ministries in Cornersville, TN
*****
Escape From Poverty in Lafayette, LA
**
Crowley Childrens Fund in Sacramento, CA
*****
Minnesota Pheasants Inc, Blue Earth County Chapter in Good Thunder, MN
*****
Beeville Concert Association Inc in Beeville, TX
*****
Disabled American Veterans Chapter 4 in Wahiawa, HI
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Washington State University FoundationPO BOX 641927, Pullman, WA 99164-0001WA1979-10$110,685,007
2United States Naval Academy Foundation Inc247 King George St, Annapolis, MD 21402-1306MD1969-02$37,201,876
3Charles B Keesee Educational Fund IncorporatedPO BOX 431, Martinsville, VA 24114-0431VA1943-11$31,292,485
4George Junior Republic233 George Junior Rd Box 1058, Grove City, PA 16127-4417PA1987-03$29,815,490
5Wiley College711 Wiley Ave, Marshall, TX 75670-5151TX1987-09$27,272,986
6Oklahoma Educational Technology Tr, Duvall David Ttee2932 Nw 122nd Street, Oklahoma City, OK 73120-1957OK2002-11$18,665,784
7John W Turrentine Trust Uw Fbo William Holt & Ella Rae Turrentine1 West 4th St D4000-041, Winston Salem, NC 27101-3818NC1970-12$16,668,209
8St Christophers School Foundation711 Saint Christophers Rd, Richmond, VA 23226-2708VA1994-05$9,886,792
9Greater Atlanta Christian Foundation Inc1575 Indian Trail Road, Norcross, GA 30093-2614GA2005-03$9,228,107
10Project Grad Knoxville Inc700 E Hill Ave Ste 100, Knoxville, TN 37915-2519TN2002-05$2,274,794
11Fesmire Family Foundation1050 Union University Dr, Jackson, TN 38305-3656TN2003-03$58,844
12Germantown Education Foundation1930 S Germantown Rd, Germantown, TN 38138-2815TN2006-10$85,166
13Community Outreach Making Partnerships At Sumner Schools Inc, Compass695 E Main St, Gallatin, TN 37066-2472TN2006-01$79,527
14Platinum Arch Charitable Tr 03082004, Holt Thomas E Ttee4220 Buffat Mill Rd, Knoxville, TN 37914-2901TN2006-05$55,708
15North Greene Band Boosters4675 Old Baileyton Rd, Greeneville, TN 37745TN2008-11$31,229
16College Trust Fund For Hist Blk Coll & UnivPO BOX 24114, Nashville, TN 37202-4114TN1999-05$30,724
17Ruritan National Corp, Bloomingdale200 Samuel St, Kingsport, TN 37660-1935TN1964-01$21,280
18Encore, Maryville Middle School Music Boost805 Montvale Station Rd, Maryville, TN 37803-5803TN2008-09$8,085
19If Its Meant To Be Foundation Inc2409 Volunteer Pkwy Ste A, Bristol, TN 37620-6807TN2002-05$6,016
20Ethiopian Education Endeavors Inc231 Old Milligan Hwy, Johnson City, TN 37601-7024TN2006-04$4,287
Number of organizations performing similar types of work
Alaska5
Alabama29
Arkansas20
Arizona39
California345
Colorado61
Connecticut32
District of Columbia20
Delaware17
Florida133
Georgia68
Hawaii15
Iowa30
Idaho13
Illinois129
Indiana36
Kansas20
Kentucky37
Louisiana19
Massachusetts87
Maryland48
Maine23
Michigan68
Minnesota44
Missouri51
Mississippi14
Montana10
North Carolina59
North Dakota4
Nebraska19
New Hampshire22
New Jersey108
New Mexico16
Nevada14
New York191
Ohio104
Oklahoma30
Oregon42
Pennsylvania98
Rhode Island18
South Carolina25
South Dakota6
Tennessee42
Texas165
Utah15
Virginia65
Vermont6
Washington75
Wisconsin46
West Virginia8
Wyoming7
International12
Total2,610

faqs.org is not associated with, endorsed by, or sponsored by Fesmire Family Foundation and has no official or unofficial affiliation with Fesmire Family Foundation