Grizzard Family Foundation Inc
- Assets
- $7.6m
- Revenue
- $166.6k
- Investments
- $7.5m
- Employees
- 0
- Location
- Stone Mountain, GA
- Founding
- 10/2000
- Data as of
- 07/2022
- EIN
- 31-1732808
Organization Overview
Grizzard Family Foundation Inc is located in Stone Mountain, GA. The organization was established in 2000. 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. Grizzard 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 07/2022, Grizzard Family Foundation Inc generated $166.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $7.1m during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Grizzard Family Foundation Inc has awarded 99 individual grants totaling $19,672,274. 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 |
|---|---|---|---|
Elizabeth W Grizzard Trustee | 0 | $0 | |
Claude H Grizzard Sr Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10 |
| Interest on Savings | $14,064 |
| Dividends & Interest | $51,522 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,879 |
| Capital Gain Net Income | $60,879 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40,155 |
| Total Revenue | $166,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,020 |
| Contributions, gifts, grants paid | $7,066,432 |
| Total expenses and disbursements | $7,083,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $100,850 |
| 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 | $1,595,366 |
| Investments—other | $128,825 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,317 |
| Total assets | $7,597,688 |
| 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, Grizzard Family Foundation Inc has awarded $7,066,432 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED METHODIST CAMP RETREAT MINISTRY PURPOSE: GENERAL | $2,632,090 |
Colorado Springs, CO PURPOSE: GENERAL | $2,161,539 |
Colorado Springs, CO PURPOSE: GENERAL | $1,304,791 |
Colorado Springs, CO PURPOSE: GENERAL | $454,012 |
Greensboro, GA PURPOSE: GENERAL | $150,000 |
Charlottesville, VA PURPOSE: GENERAL | $120,000 |
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 |