Snell Family Foundation Inc
- Assets
- $2.5m
- Revenue
- $312.2k
- Investments
- $2.4m
- Employees
- 0
- Location
- Snellville, GA
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-3894877
Organization Overview
Snell Family Foundation Inc is located in Snellville, GA. The organization was established in 2009. 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. Snell 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 12/2021, Snell Family Foundation Inc generated $312.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 12.3% per year over the past 6 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 2017, Snell Family Foundation Inc has awarded 96 individual grants totaling $5,262,000. 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 |
|---|---|---|---|
Brian T Snell Treasurer | 1 | $0 | |
Fred B Snell Jr Secretary | 1 | $0 | |
Robin J Snell President | 1 | $0 | |
David E Snell Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $15,522 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $296,713 |
| Capital Gain Net Income | $296,713 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $312,244 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $505 |
| Total operating and administrative expenses | $11,730 |
| Contributions, gifts, grants paid | $1,061,000 |
| Total expenses and disbursements | $1,072,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,070 |
| Savings and temporary cash investments | $85,665 |
| 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 | $1,614,602 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,960 |
| Total assets | $2,479,215 |
| 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, Snell Family Foundation Inc has awarded $1,061,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION FOR NE GA PURPOSE: GENERAL CONTRIBUTION | $505,000 |
CITY OF SNELLVILLE PURPOSE: GENERAL CONTRIBUTION | $500,000 |
THE PATH PROJECT PURPOSE: GENERAL CONTRIBUTION | $10,000 |
Flowery Branch, GA PURPOSE: GENERAL CONTRIBUTION | $10,000 |
SOUTHEAST GWINNETT CO-OP PURPOSE: GENERAL CONTRIBUTION | $10,000 |
Lawrenceville, GA PURPOSE: GENERAL CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |