The Noblitt Foundation
- Assets
- $5.3m
- Revenue
- $140.2k
- Investments
- $172.5k
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 32-0192334
Organization Overview
The Noblitt Foundation is located in Jackson, MS. The organization was established in 2007. 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. Noblitt Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Noblitt Foundation has awarded 21 individual grants totaling $994,000. 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 |
|---|---|---|---|
Don Noblitt Trustee | 1 | $0 | |
Holley Herrin Noblitt Trustee | 1 | $0 | |
Scott Herrin Noblitt Trustee | 1 | $0 | |
Tatum Noblitt Goodman Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,784 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,321 |
| Capital Gain Net Income | $54,321 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,078 |
| Total Revenue | $140,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $441 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,180 |
| Total operating and administrative expenses | $19,821 |
| Contributions, gifts, grants paid | $727,000 |
| Total expenses and disbursements | $746,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $671,793 |
| Savings and temporary cash investments | $4,502,103 |
| 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 | $172,541 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,346,437 |
| 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, The Noblitt Foundation has awarded $727,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
EMPOWER MISSISSIPPI FOUNDATION PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $25,000 |
MISSION FIRST PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $5,000 |
PARENTS TELEVISION AND MEDIA COUNCIL PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $100,000 |
SUNNYBROOK CHILDREN'S HOME PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $12,000 |
METHODIST SENIOR SERVICES PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $25,000 |
WESLEY BIBLICAL SEMINARY PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $200,000 |