The@karl G Estes Foundation
- Assets
- $3.3m
- Revenue
- $3.8m
- Investments
- $1.9m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 20-6000685
Organization Overview
The@karl G Estes Foundation is located in Jacksonville, FL. The organization was established in 2003. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@karl G Estes 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 12/2021, The@karl G Estes Foundation generated $3.8m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 216.8% per year over the past 3 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, The@karl G Estes Foundation has awarded 55 individual grants totaling $351,083. 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 |
|---|---|---|---|
Bruce Orr Co-Trustee | 1 | $0 | |
Karen Orr Co-Trustee | 1 | $0 | |
Caroline May Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $105 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,796,076 |
| Capital Gain Net Income | $3,796,076 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,861 |
| Total Revenue | $3,813,042 |
| 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 | $957,430 |
| Total operating and administrative expenses | $963,143 |
| Contributions, gifts, grants paid | $251,586 |
| Total expenses and disbursements | $1,214,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $579,814 |
| 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 | $1,915,608 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $835,566 |
| Total assets | $3,330,988 |
| 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, The@karl G Estes Foundation has awarded $251,586 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST TEE OF NORTH FLORIDA PURPOSE: GENERAL DONATION | $80,000 |
TOM COUGHLIN JAY FUND PURPOSE: AL - 11/11/22 12:41PM WORKSHEET PRIVATE FOUNDATION | $35,250 |
JIM & TABITHA FURYK FOUNDATION PURPOSE: GENERAL DONATION | $30,500 |
MISCELLANEOUS CHARITIES PURPOSE: GENERAL DONATION | $25,687 |
St Simons Island, GA PURPOSE: GENERAL DONATION | $22,000 |
NORTH FLORIDA JUNIOR GOLF FOUNDATION PURPOSE: GENERAL DONATION | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burger King Mclamore Foundation Inc Miami, FL | $34,345,730 | $7,130,405 |
Foundation For A Greater Opportunity Sunny Isles Beach, FL | $149,453,585 | $25,729,322 |
Foundation For Foster Children Inc Winter Park, FL | $2,698,652 | $3,146,058 |
Ldg & Lpr Charitable Foundation Jupiter, FL | $11,202,189 | $2,184,628 |
Special Operation Care Fund Inc Atlanta, GA | $332,687 | $2,251,151 |
Boca West Community Charitable Foundation Inc Boca Raton, FL | $673,816 | $1,556,875 |
Jeep Beach Inc Ormond Beach, FL | $246,764 | $1,454,805 |
The Arc Tampa Bay Foundation Inc Clearwater, FL | $19,764,393 | $4,465,884 |
Glenridge Charitable Foundation Inc Jacksonville, FL | $125,452 | $997,663 |
Children Of Restaurant Employees Woodstock, GA | $1,825,017 | $1,448,112 |
Jackson Emc Foundation Inc Jefferson, GA | $239,768 | $1,230,630 |
The@karl G Estes Foundation Jacksonville, FL | $3,330,988 | $3,813,042 |