Lin Fearrington Thomas Private Foundation
- Assets
- $537.4k
- Revenue
- $12.0k
- Investments
- $518.7k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2013
- Data as of
- 12/2020
- EIN
- 37-6466046
Organization Overview
Lin Fearrington Thomas Private Foundation is located in Atlanta, GA. The organization was established in 2013. 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. Lin Fearrington Thomas Private 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 12/2020, Lin Fearrington Thomas Private Foundation generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.4%) each year. All expenses for the organization totaled $61.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lin Fearrington Thomas Private Foundation has awarded 26 individual grants totaling $120,869. 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 |
|---|---|---|---|
Michael Thomas Foundation Mana | 0 | $0 | |
Margaret Thomas Trustee | 0 | $0 | |
Aria Williams Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,258 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,779 |
| Capital Gain Net Income | $5,779 |
| Net ST Capital Gain | $617 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,037 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,841 |
| Contributions, gifts, grants paid | $56,775 |
| Total expenses and disbursements | $61,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,431 |
| Savings and temporary cash investments | $15,265 |
| 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 | $518,682 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $537,378 |
| 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 | $36,422 |
| Total liabilities | $36,422 |
Grants Awarded
Over the last fiscal year, Lin Fearrington Thomas Private Foundation has awarded $56,775 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WINTHROP UNIVERSITY PURPOSE: CONTRIBUTION | $35,000 |
NATIONAL CHRISTIAN FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $5,200 |
EMORY UNIVERSITY PURPOSE: DONATION | $250 |
THE LEUKEMIA LYMPHOMA SOCIETY PURPOSE: DONATION | $1,325 |
CURE CHILDHOOD CANCER PURPOSE: DONATION | $7,500 |
THE LIGHTHOUSE FOUNDATION PURPOSE: DONATION | $7,500 |