Tanger Family Foundation
- Assets
- $2.1m
- Revenue
- $1.8m
- Investments
- $1.4m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 26-3003330
Organization Overview
Tanger Family Foundation is located in Greensboro, NC. The organization was established in 2009. 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. Tanger 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, Tanger Family Foundation generated $1.8m in total revenue. All expenses for the organization totaled $114.2k during the year ending 12/2021. While expenses have increased by 18.3% 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 2016, Tanger Family Foundation has awarded 24 individual grants totaling $3,129,657. 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 |
|---|---|---|---|
Leslie L Anderson Vice President/secretary/treasurer | 1 | $0 | |
Susan T Nehmen President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $558,490 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,253,649 |
| Capital Gain Net Income | $1,253,649 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,831,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,193 |
| Contributions, gifts, grants paid | $109,003 |
| Total expenses and disbursements | $114,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $710,601 |
| 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 | $2,066,647 |
| 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, Tanger Family Foundation has awarded $2,288,110 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Greensboro, NC PURPOSE: IN SUPPORT OF THE STEVEN TANGER CENTER FOR THE PERFORMING ARTS. | $2,139,107 |
Greensboro, NC PURPOSE: IN SUPPORT OF THE STEVEN TANGER CENTER FOR THE PERFORMING ARTS. | $89,003 |
Coral Gables, FL PURPOSE: IN SUPPORT OF THE UNIVERSITY OF MIAMI LEONARD M. MILLER SCHOOL OF MEDICINE | $40,000 |
JAFCO PURPOSE: SPONSORSHIP OF FUNDRAISING LUNCHEON | $10,000 |
Coral Gables, FL PURPOSE: IN SUPPORT OF THE UNIVERSITY OF MIAMI LEONARD M. MILLER SCHOOL OF MEDICINE | $10,000 |
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 |
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 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |