Slick Family Foundation
- Assets
- $12.5m
- Revenue
- $1.1m
- Investments
- $11.9m
- Employees
- 0
- Location
- Bermuda Run, NC
- Founding
- 04/1997
- Data as of
- 12/2023
- EIN
- 31-1500854
Organization Overview
Slick Family Foundation is located in Bermuda Run, NC. The organization was established in 1997. 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. Slick 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 12/2023, Slick Family Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Slick Family Foundation has awarded 113 individual grants totaling $5,231,898. 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 |
|---|---|---|---|
Name Not Listed President/director | 1 | $0 | |
Name Not Listed Vice President/director | 20 | $139,849 | |
Name Not Listed Secretary/treasurer | 8 | $0 | |
Name Not Listed Vice President/director | 10 | $73,660 | |
Name Not Listed Investment Manager/director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley Smith Barney | 12/30/23 | $69,900 |
Slick Enterprises | 12/30/23 | $280,962 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $277,692 |
| Interest on Savings | $0 |
| Dividends & Interest | $273,044 |
| Net Rental Income | $15,357 |
| Net Gain on Sale of Assets | $448,744 |
| Capital Gain Net Income | $448,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $55,971 |
| Total Revenue | $1,078,551 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $213,692 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $49,546 |
| Interest | $0 |
| Taxes | $14,933 |
| Depreciation | $7,243 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,588 |
| Total operating and administrative expenses | $655,864 |
| Contributions, gifts, grants paid | $665,019 |
| Total expenses and disbursements | $1,320,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $407,519 |
| Net Accounts receivable | $9,634 |
| 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 | $175,322 |
| Investments—mortgage loans | $0 |
| Investments—other | $488,505 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,456,994 |
| 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 | $2,149 |
| Total liabilities | $2,149 |
Grants Awarded
Over the last fiscal year, Slick Family Foundation has awarded $665,019 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FUN RUN FOR CHARITIES - NORTH CAROLINA COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATION | $5,000 |
PAWS FOR LIFE K9 RESCUE PURPOSE: ANIMAL RESCUE | $100,000 |
TEXAS BIOMEDICAL RESEARCH INSTITUTION PURPOSE: BIOMEDICAL RESEARCH | $99,895 |
PALISADES-MALIBU YMCA PURPOSE: GENERAL OPERATION | $20,000 |
THE RIVER OTTER ECOLOGY PROJECT PURPOSE: GENERAL OPERATION | $5,000 |
BOYS & GIRLS CLUB OF TAR RIVER REGION PURPOSE: GENERAL OPERATION | $100,000 |