The Greenwell Foundation Inc
- Assets
- $1.1m
- Revenue
- $738.5k
- Investments
- $1.0m
- Employees
- 0
- Location
- Owensboro, KY
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 26-1337900
Organization Overview
The Greenwell Foundation Inc is located in Owensboro, KY. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Greenwell Foundation Inc 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, Greenwell Foundation Inc generated $738.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $54.5k during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 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, Greenwell Foundation Inc has awarded 33 individual grants totaling $275,502. 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 |
|---|---|---|---|
R Mitch Settle Director | 0.75 | $0 | |
Michael R Wurth Sec/treasurer | 0.25 | $0 | |
Paul Martin President/dir | 0.5 | $0 | |
Marcia Carpenter Director | 0.5 | $0 | |
Don P Moore Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $675,722 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,947 |
| Capital Gain Net Income | $41,947 |
| Net ST Capital Gain | $5,660 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $738,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $790 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,530 |
| Total operating and administrative expenses | $6,424 |
| Contributions, gifts, grants paid | $48,074 |
| Total expenses and disbursements | $54,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,524 |
| Savings and temporary cash investments | $55,170 |
| 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 | $491,982 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,106,012 |
| 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 Greenwell Foundation Inc has awarded $48,074 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Owensboro, KY PURPOSE: TO FABRICATE AND INSTALL AN EXTERIOR STAIRCASE ON THE SOUTHEAST CORNER OF THE APARTMENT COMPLEX. | $15,000 |
OWENSBORO FAMILY Y PURPOSE: PROVIDE MEMBERSHIP SCHOLARSHIPS TO THE NEEDY. | $10,000 |
DREAM RIDERS OF KENTUCKY PURPOSE: PROVIDE THE "BE WELL OPPORTUNITY ROOM", AN AREA FOR PARTICIPANTS, PARENTS, AND VOLUNTEERS TO STRETCH, IMPROVE THEIR POSTURAL AWARENESS, RELAX AND DECOMPRESS IN AN INCLUSIVE ENVIRONMENT. | $9,274 |
GIRLS INC OF OWENSBORO DAVIESS COUN PURPOSE: PROGRAMMING FOR MENTAL HEALTH. | $7,500 |
HABITAT FOR HUMANITY OF OWENSBORO PURPOSE: HOUSE CONSTRUCTION. | $5,000 |
WENDELL FOSTER CENTER PURPOSE: PURCHASE OF 2 OUTDOOR SWINGS. | $1,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |