Adams-Coggin Family Foundation
- Assets
- $1.6m
- Revenue
- $97.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Murfreesboro, TN
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 26-2857663
Organization Overview
Adams-Coggin Family Foundation is located in Murfreesboro, TN. The organization was established in 2011. 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. Adams-Coggin Family 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, Adams-Coggin Family Foundation generated $97.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $102.9k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 4 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 2016, Adams-Coggin Family Foundation has awarded 28 individual grants totaling $179,669. 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 |
|---|---|---|---|
David Coggin Jr Trustee | 0 | $0 | |
Adam Coggin Vice Chairman | 0 | $0 | |
D Gerald Coggin Trustee | 0 | $0 | |
Joanne Adams Coggin Chairman | 0 | $0 | |
Robert Coggin Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,914 |
| Capital Gain Net Income | $12,914 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,718 |
| 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 | $34 |
| Total operating and administrative expenses | $3,344 |
| Contributions, gifts, grants paid | $99,600 |
| Total expenses and disbursements | $102,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,155 |
| 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 | $19,520 |
| 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 | $26,481 |
| Total assets | $1,552,062 |
| 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, Adams-Coggin Family Foundation has awarded $99,600 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Murfreesboro, TN PURPOSE: TO FURTHER THE EXEMPT ORGANIZATION'S PURPOSE | $30,000 |
Murfreesboro, TN PURPOSE: TO FURTHER THE SCHOOLS' PURPOSE | $25,000 |
THE FIVE STONES BREAKTHROUGH PURPOSE: TO FURTHER THE EXEMPT ORGANIZATION'S PURPOSETO FURTHER THE EXEMPT ORGANIZATION'S PURPOSE | $11,000 |
AMERICAN HEART ASSOCIATION PURPOSE: TO FURTHER EXEMPT ORGANIZATIONS PURPOSE | $10,000 |
SEQUOIA CAMPUS CHURCH PURPOSE: TO FURTHER THE EXEMPT ORGANIZATION'S PURPOSE | $6,000 |
JOURNEYS IN COMMUNITY LIVING PURPOSE: TO FURTHER THE EXEMPT ORGANIZATION'S PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |