Fanz Foundation
- Assets
- $4.2m
- Revenue
- $186.1k
- Investments
- $4.0m
- Employees
- 0
- Location
- Lilburn, GA
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 26-1286823
Organization Overview
Fanz Foundation is located in Lilburn, GA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fanz 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, Fanz Foundation generated $186.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $341.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fanz Foundation has awarded 27 individual grants totaling $768,550. 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 |
|---|---|---|---|
Chad Haywood Chairman | 4 | $12,000 | |
Carol Hartman At Large | 4 | $12,000 | |
Jocelyn Isadore Secretary | 4 | $12,000 | |
Cheryl Hartman Treasurer | 4 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $75,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,224 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,990 |
| Total Revenue | $186,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42,032 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,482 |
| Total operating and administrative expenses | $93,314 |
| Contributions, gifts, grants paid | $248,400 |
| Total expenses and disbursements | $341,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,531 |
| Savings and temporary cash investments | $165,612 |
| 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 | $2,926,668 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,183,137 |
| 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, Fanz Foundation has awarded $248,400 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AGNES SCOTT PURPOSE: SCHOLARSHIPS - GRAD & UNDERGRAD | $100,000 |
UMASS AMHERST PURPOSE: SCHOLARSHIPS - GRAD & UNDERGRAD | $75,000 |
Cambridge, MA PURPOSE: MULTI COUNTRY HIGH SCHOOL ED GRANTS | $30,000 |
Atlanta, GA PURPOSE: FOSTER CHILDREN TUITION PROGRAM | $30,000 |
PUBLIC HEALTH MUSEUM PURPOSE: FUNDING OUTREACH PROGRAMS | $13,400 |
AMANI WOMEN CENTER PURPOSE: EDUCATE AFRICAN WOMEN IN SERVING SKILLS | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Meeting Street Schools Charleston, SC | $31,326,851 | $31,027,510 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |