Cavan Family Foundation
- Assets
- $4.4m
- Revenue
- $199.2k
- Investments
- $4.0m
- Employees
- 0
- Location
- Fayetteville, GA
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 30-6293664
Organization Overview
Cavan Family Foundation is located in Fayetteville, GA. The organization was established in 2012. 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. Cavan 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 12/2022, Cavan Family Foundation generated $199.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $281.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Cavan Family Foundation has awarded 71 individual grants totaling $1,558,342. 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 |
|---|---|---|---|
Scott Cavan Trustee | 0 | $51,201 | |
Kaye Liston Trustee | 0 | $46,201 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $91,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,257 |
| Capital Gain Net Income | $114,257 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$6,462 |
| Total Revenue | $199,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,402 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $62 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $182 |
| Total operating and administrative expenses | $102,146 |
| Contributions, gifts, grants paid | $179,500 |
| Total expenses and disbursements | $281,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $355,253 |
| 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 | $599 |
| Total assets | $4,366,444 |
| 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, Cavan Family Foundation has awarded $179,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PRESBYTERIAN SOCIAL MINISTRIES PURPOSE: GENERAL FUND | $35,000 |
ARLINGTON COMMUNITY SERVICES PURPOSE: GENERAL FUND | $1,500 |
ANGELWOOD PURPOSE: GENERAL FUND | $35,000 |
MELANOMA RESEARCH FOUNDATION PURPOSE: GENERAL FUND | $50,000 |
FAMILY PROMISE OF JACKSONVILLE PURPOSE: GENERAL FUND | $11,000 |
CLOTHES CLOSET PURPOSE: GENERAL FUND | $8,000 |