King-White Family Foundation Inc
- Assets
- $2.0m
- Revenue
- $254.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/2007
- Data as of
- 12/2023
- EIN
- 20-5855797
Organization Overview
King-White Family Foundation Inc is located in Atlanta, GA. 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. King-White Family 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.
For the year ending 12/2023, King-White Family Foundation Inc generated $254.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $244.2k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, King-White Family Foundation Inc has awarded 215 individual grants totaling $1,436,067. 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 |
|---|---|---|---|
Michael J White Board Member | 1 | $0 | |
Jeffrey White Board Member | 1 | $0 | |
Mary Carolyn White Board Member | 1 | $0 | |
J Douglas White Board Member | 1 | $0 | |
Madeleine E White Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,647 |
| Dividends & Interest | $57,473 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $184,396 |
| Capital Gain Net Income | $184,396 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $254,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,965 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $179 |
| Total operating and administrative expenses | $33,746 |
| Contributions, gifts, grants paid | $210,500 |
| Total expenses and disbursements | $244,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,362 |
| Savings and temporary cash investments | $69,545 |
| 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 | $1,873,491 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,033,398 |
| 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, King-White Family Foundation Inc has awarded $210,500 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ASSUMPTION CHURCH PURPOSE: UNRESTRICTED | $2,000 |
CATHEDRAL OF CHRIST THE KING CAPITAL CAMPAIGN PURPOSE: UNRESTRICTED | $1,500 |
COMMUNITY FOUNDATION OF NJ PURPOSE: UNRESTRICTED | $1,000 |
CASA OF MONTEREY PURPOSE: UNRESTRICTED | $15,000 |
CREIGHTON UNIVERSITY PURPOSE: UNRESTRICTED | $30,000 |
DUKE UNIVERSITY PURPOSE: UNRESTRICTED | $5,000 |