Beard-Payne Family Foundation Inc
- Assets
- $616.4k
- Revenue
- $474.5k
- Investments
- $564.2k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 26-1441249
Organization Overview
Beard-Payne Family Foundation Inc is located in Atlanta, GA. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Beard-Payne Family 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 12/2023, Beard-Payne Family Foundation Inc generated $474.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $234.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Beard-Payne Family Foundation Inc has awarded 115 individual grants totaling $1,370,724. 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 |
|---|---|---|---|
Martha B Payne President | 0 | $0 | |
William P Payne Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $493,440 |
| Interest on Savings | $165 |
| Dividends & Interest | $3,187 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,246 |
| Capital Gain Net Income | $102 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $474,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,121 |
| Total operating and administrative expenses | $3,971 |
| Contributions, gifts, grants paid | $230,317 |
| Total expenses and disbursements | $234,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,211 |
| 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 | $616,423 |
| 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, Beard-Payne Family Foundation Inc has awarded $230,317 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
UGA FOUNDATION PURPOSE: EDUCATION | $2,500 |
PEACHTREE PRESBYTERIAN CHURCH PURPOSE: RELIGION | $100,000 |
DAUGHTER'S AGAINST ALZHEIMERS PURPOSE: RESEARCH/CARE | $5,000 |
CHAMPION'S COMMUNITY FOUNDATION PURPOSE: DISABLED CARE | $500 |
PATH FOUNDATION PURPOSE: NATURE | $1,000 |
SAMARITAN'S PURSE PURPOSE: HELP THE NEEDY | $1,000 |