Go Big Red Foundation
- Assets
- $1.2m
- Revenue
- $49.9k
- Investments
- $1.2m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 37-6532744
Organization Overview
Go Big Red 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. Go Big Red 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, Go Big Red Foundation generated $49.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $327.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Go Big Red Foundation has awarded 87 individual grants totaling $1,481,954. 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 |
|---|---|---|---|
James K Walton Trustee | 0 | $0 | |
Sarah J Walton Managing Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,674 |
| Capital Gain Net Income | $10,674 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,923 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37 |
| Total operating and administrative expenses | $13,577 |
| Contributions, gifts, grants paid | $314,000 |
| Total expenses and disbursements | $327,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,069 |
| Savings and temporary cash investments | $33,247 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,238,533 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,600 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,600 |
Grants Awarded
Over the last fiscal year, Go Big Red Foundation has awarded $314,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: SUPPORT FOR MISSION OF ORGANIZATION | $150,000 |
CHASTAIN PARK CONSERVANCY PURPOSE: SUPPORT FOR MISSION OF ORGANIZATION | $10,000 |
SOLIDARITY SANDY SPRINGS PURPOSE: SUPPORT FOR MISSION FOR ORGANIZATION | $60,000 |
FIRST TEE METRO ATLANTA PURPOSE: SUPPORT FOR MISSION OF ORGANIZATION | $4,000 |
BLADDER CANCER ADVOCACY NETWORK PURPOSE: SUPPORT FOR MISSION OF ORGANIZATION | $40,000 |
CHILDRENS HEALTHCARE OF ATLANTA PURPOSE: SUPPORT FOR MISSION OF ORGANIZATION | $20,000 |