Annandale Foundation Inc

Organization Overview

Annandale Foundation Inc is located in Suwanee, GA. The organization was established in 2011. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Annandale 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 06/2021, Annandale Foundation Inc generated $128.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $386.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.THE ANNANDALE FOUNDATION, INC'S MISSION IS TO PERPETUATE A VILLAGE COMMUNITY TO PROVIDE PROGRESSIVE LIFE ASSISTANCE TO ADULTS WITH DEVELOPMENTAL DISABILITIES OR TRAUMATIC BRAIN INJURY SO THAT THEY CAN MAXIMIZE THEIR ABILITIES AND MAINTAIN THEIR INDEPENDENCE IN THE LEAST RESTRICTIVE ENVIRONMENT. ASSISTANCE IS PROVIDED TO ADULTS WITH DISABILITIES INCLUDING AUTISM, ASPERGER SYNDROME, DOWN SYNDROME AND FRAGILE X SYNDROME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS FROM THE FOUNDATION ARE EXCLUSIVELY FOR THE SUPPORT OF ITS SUPPORTED ENTITY, ANNANDALE AT SUWANEE, INC. IT IS ANTICIPATED THAT THESE FUNDS WILL BE USED PRIMARILY AT ANNANDALE FOR ANNANDALE'S FEE ASSISTANCE PROGRAM. THIS PROGRAM ASSISTS CERTAIN FINANCIALLY DISADVANTAGED RESIDENTS OF ANNANDALE BY ALLOWING FOR ANNANDALE TO CHARGE LOWER FEES TO THOSE PERSONS. THUS, IN A SENSE THE USE OF THE FUNDS IS ULTIMATELY RESTRICTED TO CERTAIN INDIVIDUALS, THOSE RESIDENTS AT ANNANDALE WHO ARE FIANCIALLY DISADVANTAGED AND WHO ARE SELECTED FOR THE ANNANDALE FEE ASSISTANCE PROGRAM BASED ON THEIR FINANCIAL NEED.


FUNDS ARE GIVEN TO ANNANDALE AT SUWANEE, INC. TO SUPPORT EMPLOYEES IN TIMES OF UNEXPECTED FINANCIAL HARDSHIP.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Susan Molock
Chair
$0
Bryan Benfield
Vice-Chair
$0
Tyler Heard
Treasurer
$0
Charles A Lotz
Emeritus
$0
Adam Pomeranz
President/executive Director
$0
Laura Macpherson
CFO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$180
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$180
Total Program Service Revenue$0
Investment income $125,933
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,469
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $128,582

Grants Awarded

Over the last fiscal year, Annandale Foundation Inc has awarded $323,885 in support to 2 organizations.

Grant RecipientAmount

ANNANDALE AT SUWANNEE INC

Org PageRecipient Profile

Suwanee, GA

PURPOSE: OPERATING ASSISTANCE

$314,082

ANNANDALE AT SUWANNEE INC

Org PageRecipient Profile

Suwanee, GA

PURPOSE: EMPLOYEE ASSISTANCE PROGRAM

$9,803
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Annandale Foundation Inc has recieved totaling $1,500.

Awarding OrganizationAmount
Around The Table Foundation

Wilmington, DE

PURPOSE: CHARITABLE EVENT

$1,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,879,756
Earnings$711,805
Other Expense$285,912
Ending Balance$4,305,649

Create an account to unlock the data you need.

or