The Noblitt Foundation
- Assets
- $6.1m
- Revenue
- $3.1m
- Investments
- $179.9k
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/2007
- Data as of
- 12/2021
- 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Herrin Noblitt Trustee | 1 | $0 | |
Tatum Noblitt Goodman Trustee | 1 | $0 | |
Holley Herrin Noblitt Trustee | 1 | $0 | |
Don Noblitt Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,101,750 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,143 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,055 |
| Capital Gain Net Income | $14,055 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,295 |
| Total Revenue | $3,143,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,084 |
| Total operating and administrative expenses | $11,934 |
| Contributions, gifts, grants paid | $267,000 |
| Total expenses and disbursements | $278,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,186,683 |
| Savings and temporary cash investments | $1,734,895 |
| 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 | $179,934 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,101,512 |
| 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 $267,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PARENTS TELEVISION AND MEDIA COUNCIL PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $100,000 |
WESLEY BIBLICAL SEMINARY PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $50,000 |
SUNNYBROOK CHILDREN'S HOME PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $25,000 |
Jackson, MS PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $20,000 |
EMPOWER MISSISSIPPI PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $20,000 |
Jackson, MS PURPOSE: TO CONTRIBUTE TO THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
Town Branch Foundation Bentonville, AR | $511,930,269 | $39,195,874 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
Zoma Foundation Bentonville, AR | $228,655,575 | $19,208,599 |
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
The William B Wiener Jr Foundation Shreveport, LA | $23,196,478 | $3,677,470 |
Bashinsky Foundation Inc Birmingham, AL | $2,626,965 | $3,568,518 |