George Andreve Foundation
- Assets
- $824.4k
- Revenue
- $19.6k
- Investments
- $797.7k
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-0846259
Organization Overview
George Andreve Foundation is located in Greensboro, NC. The organization was established in 2008. According to its NTEE Classification (M12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Andreve 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, George Andreve Foundation generated $19.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $52.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George Andreve Foundation has awarded 101 individual grants totaling $251,500. 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 |
|---|---|---|---|
Robert Davis Director | 0 | $6,000 | |
Kathy Davis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $12,928 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,619 |
| Capital Gain Net Income | $6,201 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,556 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,322 |
| Total operating and administrative expenses | $20,398 |
| Contributions, gifts, grants paid | $31,599 |
| Total expenses and disbursements | $51,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,748 |
| Savings and temporary cash investments | $0 |
| 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 | $824,431 |
| 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, George Andreve Foundation has awarded $31,599 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
GREENSBORO DAY SCHOOL PURPOSE: PERMACULTURE GARDEN | $10,500 |
GREENSBORO DAY SCHOOL PURPOSE: FISH - UPTON COUNSELING CENTER | $5,000 |
GREENSBORO DAY SCHOOL PURPOSE: EDUCATIONAL ENDOWMENT | $5,000 |
COLLEGE PARK BAPTIST CHURCH PURPOSE: AFGHANISTAN RESETTLEMENT | $2,000 |
GREENSBORO SCIENCE CENTER PURPOSE: PRESERVE WILDLIFE | $1,594 |
Greensboro, NC PURPOSE: DONATION | $1,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lowes Employee Relief Fund Inc Mooresville, NC | $8,682,519 | $5,760,822 |
Team Blueline Inc Senoia, GA | $179,199 | $2,489,294 |
Hacking For Defense Incorporated Arlington, VA | $2,005,337 | $2,389,891 |
Police Foundations Third Decade Fund Fr Improving Public Safety Arlington, VA | $3,742,974 | $435,252 |
Spikes K9 Fund Virginia Beach, VA | $445,630 | $978,536 |
Tomahawk Charitable Solutions Foundation Inc Nashville, TN | $977,409 | $1,161,378 |
Band Together Raleigh, NC | $252,765 | $449,490 |
Franklin Township Fire Department Inc Salisbury, NC | $934,420 | $313,673 |
Memphis-Shelby County Law Enforcement Foundation Inc Memphis, TN | $279,584 | $327,874 |
First Responder Benefit Association Greenville, SC | $47,153 | $166,792 |
Hamilton Safety Center Hamilton, VA | $2,019,684 | $215,291 |
Fredericks Family Fund Foundation Alexandria, VA | $189,755 | $227,939 |