Longleaf Foundation
- Assets
- $907.9k
- Revenue
- $380.1k
- Investments
- $400.9k
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-4877706
Organization Overview
Longleaf Foundation is located in Wilmington, NC. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Longleaf Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Longleaf Foundation generated $380.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $34.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (38.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Longleaf Foundation has awarded 109 individual grants totaling $1,260,490. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $253,146 |
| Interest on Savings | $821 |
| Dividends & Interest | $125,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $449 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $122 |
| Total Revenue | $380,080 |
| 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 | $7,926 |
| Contributions, gifts, grants paid | $26,200 |
| Total expenses and disbursements | $34,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $506,961 |
| 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 | $7,745 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $907,874 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Longleaf Foundation has awarded $26,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF OAKDALE CEMETARY PURPOSE: GENERAL FUND | $1,000 |
APPALACHIAN VOICE PURPOSE: GENERAL FUND | $3,000 |
CAMP SPRING CREEK PURPOSE: GENERAL FUND | $2,000 |
WNCW 887 PURPOSE: GENERAL FUND | $2,000 |
BLUE RIDGE PARKWAY FOUNDATION PURPOSE: GENERAL FUND | $5,000 |
BRAAC PURPOSE: GENERAL FUND | $1,000 |