Jolly Foundation Inc
- Assets
- $162.3k
- Revenue
- $32.7k
- Investments
- $151.1k
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 01/2006
- Data as of
- 12/2023
- EIN
- 20-2073674
Organization Overview
Jolly Foundation Inc is located in Savannah, GA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jolly 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.
Since 2015, Jolly Foundation Inc has awarded 155 individual grants totaling $101,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwen S Mckee President | 0 | $0 | |
Thomas W Mckee Vice Pres. | 0 | $0 | |
Mary Ellen Mckee Trustee | 0 | $0 | |
Kevin Adams Trustee | 0 | $0 | |
Dieter Gunkel Trustee | 0 | $0 | |
Clermont Fraser Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,401 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,288 |
| Capital Gain Net Income | $23,288 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,050 |
| Contributions, gifts, grants paid | $8,050 |
| Total expenses and disbursements | $9,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,821 |
| Savings and temporary cash investments | $8,423 |
| 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 | $162,322 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $130 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $130 |
Grants Awarded
Over the last fiscal year, Jolly Foundation Inc has awarded $8,050 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH PURPOSE: MUSIC WITH A MISSION | $500 |
OGEECHEE RIVERKEEPER PURPOSE: UNRESTRICTED GRANT | $500 |
OLD SAVANNAH CITY MISSION PURPOSE: UNRESTRICTED GRANT | $500 |
OSSABAW ISLAND FOUNDATION INC PURPOSE: UNRESTRICTED GRANT | $500 |
ONE HUNDRED MILES PURPOSE: UNRESTRICTED GRANT | $500 |
SALVATION ARMY PURPOSE: UNRESTRICTED GRANT | $500 |