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The Douglas And Frances Lanier Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460782584 ✦ Gulfport, MS ✦ Designated as a 501(c)(3)

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Overview

What is The Douglas And Frances Lanier Foundation Inc?

The Douglas And Frances Lanier Foundation Inc is a nonprofit organization committed to supporting educational pursuits in the United States. Their primary objective is to distribute scholarship funds to deserving students, aiming to alleviate financial burdens and promote academic success. By providing these financial resources, the foundation plays a pivotal role in empowering future leaders and contributors to society.

Is The Douglas And Frances Lanier Foundation Inc legitimate?

The Douglas And Frances Lanier Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Douglas And Frances Lanier Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $33,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Douglas And Frances Lanier Foundation Inc?

The Douglas and Frances Lanier Foundation's mission is centered around providing scholarships for students in the United States. The organization's primary goal is to aid deserving students financially, enabling them to pursue their education. The mission of the foundation is to offer scholarship funds to students, thereby contributing to their educational journey. The foundation is committed to this cause, providing a valuable opportunity for students to further their education and future prospects.

What is the revenue of The Douglas And Frances Lanier Foundation Inc?

The Douglas And Frances Lanier Foundation Inc's revenue in 2023 was $354,519.

Who are the executives of The Douglas And Frances Lanier Foundation Inc and what are their salaries?

Here are 7 key members and their salaries:


Blair E Seegers (President)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Douglas C Lanier Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Lanier Webb (Treasurer/Secretary)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Ben Galloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph O'Gorman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonelle Meadows (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benita Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Douglas And Frances Lanier Foundation Inc?

The Douglas And Frances Lanier Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Douglas And Frances Lanier Foundation Inc

The Douglas and Frances Lanier Foundation Inc is dedicated to fulfilling its mission by providing scholarships to students residing in the United States. The organization's primary objective is to offer financial aid to deserving students, thereby enabling them to pursue their academic endeavors. The Foundation's mission is to empower these individuals by providing them with the necessary scholarship funds. The Douglas and Frances Lanier Foundation Inc is committed to uplifting the educational prospects of students in the United States, thereby contributing to the overall development of the nation's human capital.

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Impact




October, 2024

The Douglas and Frances Lanier Foundation Inc significantly impacts education by providing scholarships to deserving students across the United States. By offering financial assistance, the foundation enables individuals to pursue their academic goals, reducing the burden of tuition and other educational expenses. This support fosters access to higher education, empowering students to achieve their potential and contribute positively to their communities. Operating from Gulfport, MS, the foundation plays a crucial role in enhancing educational opportunities and promoting academic success among youth.




This information is meant to be a general summary of The Douglas And Frances Lanier Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$354,519 (2023)
Expenses
$112,119 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,126
  • Gross Receipts: $551,613

Assets and Liabilities:

  • Total Assets: $791,154
  • Total Liabilities: $0
  • Net Assets: $791,154

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Organization Details

Founding Year

2012

Principal Officer

Douglas C Lanier

NTEE Category

Code: B82 - Education

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