Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw

Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw Overview

Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw is located in Atlanta, GA. The organization was established in 1973. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2020, Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw generated $188.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $106.6m during the year ending 12/2020. While expenses have increased by 4.7% per year over the past 5 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 2020, Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw has awarded 12 individual grants totaling $104,626,080. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TO CERTAIN NAMED BENEFICIARIES ANNUAL MONETARY SUPPORT DESIGNATED BY AMOUNT OR PERCENTAGE IN THE WILL OF LETTIE PATE EVANS, DECEASED. TO DATE, BENEFICIARIES OF THE LETTIE PATE EVANS RESTRICTED FUND HAVE COLLECTIVELY RECEIVED MORE THAN $1.5 BILLION IN DISTRIBUTIONS SINCE THE FUND'S INCEPTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS FOR EDUCATION. GRANTS WERE AWARDED TO EIGHT SCHOOLS IN GEORGIA AND VIRGINIA ACCORDING TO THE TERMS OF THE WILL THAT CREATED THE RESTRICTED FUND, INCLUDING BERRY COLLEGE, EMORY UNIVERSITY, EPISCOPAL HIGH SCHOOL IN VIRGINIA, GEORGIA INSTITUTE OF TECHNOLOGY, PROTESTANT EPISCOPAL THEOLOGICAL SEMINARY, TALLULAH FALLS SCHOOL, WASHINGTON AND LEE UNIVERSITY AND THE COLLEGE OF WILLIAM AND MARY. FUNDS RECEIVED BY EMORY UNIVERSITY ARE USED TO MAINTAIN A SURGICAL PAVILION AT EMORY HOSPITAL. THE GOVERNING BOARDS OF THE OTHER RECIPIENT SCHOOLS HAVE FULL DISCRETION TO ALLOCATE GRANT FUNDS.


GRANTS FOR HEALTH. GRANTS WERE AWARDED TO CHILDREN'S HEALTHCARE OF ATLANTA AND BATH COUNTY COMMUNITY HOSPITAL IN HOT SPRINGS, VIRGINIA ACCORDING TO THE TERMS OF THE WILL THAT CREATED THE RESTRICTED FUND. THE GOVERNING BOARDS OF THOSE HOSPITALS HAVE FULL DISCRETION TO ALLOCATE GRANT FUNDS.


GRANTS FOR CULTURAL ACTIVITIES. GRANTS WERE AWARDED TO THE VIRGINIA MUSEUM OF FINE ARTS AND THE TRUSTEES OF OLD CUSTOMS HOUSE IN YORKTOWN, VIRGINIA ACCORDING TO THE TERMS OF THE WILL THAT CREATED THE RESTRICTED FUND. THE GOVERNING BOARDS OF THOSE INSTITUTIONS HAVE FULL DISCRETION TO ALLOCATE GRANT FUNDS.


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Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw Board, Officers & Key Employees

Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw Vendors

Vendor Name (Service)Compensation
Suntrust Bank
Investment Advisor
$257,838
Parametric
Investment Manager
$851,247
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $106,625,591
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $81,359,031
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $187,984,622

Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw Grants Awarded

Over the last fiscal year, Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw has awarded $104,626,080 in support to 12 organizations.

Grant RecipientAmount

Mount Berry, GA

PURPOSE: General support

$20,924,016

GEORGIA INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Atlanta, GA

PURPOSE: General support

$15,693,012

WASHINGTON AND LEE UNIVERSITY

Org PageRecipient Profile

Lexington, VA

PURPOSE: General support

$15,693,012

TALLULAH FALLS SCHOOL INC

Org PageRecipient Profile

Tallulah Falls, GA

PURPOSE: General support

$10,462,008

PROTESTANT EPISCOPAL THEOLOGICAL SEMINARY

Org PageRecipient Profile

Alexandria, VA

PURPOSE: General support

$10,462,008

EPISCOPAL HIGH SCHOOL IN VIRGINIA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: General support

$5,231,004
View Grant Profile

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