Speedwell Foundation
- Assets
- $159.9m
- Revenue
- -$432.0m
- Investments
- $135.7m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/2000
- Data as of
- 12/2023
- EIN
- 22-3764378
Organization Overview
Speedwell Foundation is located in Atlanta, GA. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Speedwell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Speedwell Foundation has awarded 441 individual grants totaling $64,024,762. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Michael G Messner Trustee | 5 | $0 | |
Mrs Jenny K Messner Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
| 12/30/23 | $50,000 | |
| 12/30/23 | $186,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,607,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$439,651,077 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $472 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,318 |
| Total Revenue | -$432,039,041 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $236,580 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $294,670 |
| Taxes | $229,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $20,537 |
| Printing and publications | $0 |
| Other expenses | $54,290 |
| Total operating and administrative expenses | $953,173 |
| Contributions, gifts, grants paid | $6,863,339 |
| Total expenses and disbursements | $7,816,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,902 |
| Savings and temporary cash investments | $23,512,507 |
| 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 | $159,870,822 |
| Accounts payable and accrued expenses | $3,075 |
| Grants payable | $4,387,500 |
| 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 | $4,390,575 |
Grants Awarded
Over the last fiscal year, Speedwell Foundation has awarded $6,863,339 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AFS USA PURPOSE: STUDENT SCHOLARSHIP FUND | $300,000 |
GEORGIA TECH FOUNDATION PURPOSE: FINANCIAL SERVICE LAB $3,100,000.REDESIGNING CITIES SERIES $100,000.FACULTY CHAIR AND PROFESSORSHIP SCHOOL OF CIVIL & ENVIROMENTAL ENGINEERING $1,000,000STUDENT SUPPORT FOR CRISTO REY STUDENTS $200,000 | $4,400,000 |
CATHOLIC PARTNERSHIP SCHOOLS PURPOSE: GENERAL SUPPORT | $10,000 |
CHARLESTON AREA THERAPEUTIC RIDING PURPOSE: THERAPEUTIC RIDING PROGRAM FOR SHILDREN AND ADULTS WITH DISABILITIES. | $35,000 |
CHARLESTON PARK CONSERVANCY PURPOSE: SUPPORT PARKS AND GREEN SPACES- CONTINUED CARE FOR 20 PARKS $50,000.BOND REFERENDUM SUPPORT "VOTE YES FOR CHARLESTON PARKS" $10,000. | $60,000 |
CRISTO REY ATLANTA JESUIT HIGH SCHO PURPOSE: SUPPORT QUALITY EDUCATION AND WORK EXPERIENCE TO YOUNG MEN AND WOMEN OF LIMITED ECONOMIC MEANS $150,000. | $150,000 |