Foxx Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Foxx Family 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, Foxx Family Foundation generated $70.8k 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 (12.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foxx Family Foundation has awarded 51 individual grants totaling $2,504,553. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Cozine Foxx VP | 1 | $0 | |
Brian Foxx VP | 1 | $0 | |
Dan Foxx VP | 1 | $0 | |
Michael J Foxx Pres, Dir, Sec | 1 | $0 | |
Michele Foxx VP | 1 | $0 | |
Virginia Joyce Foxx VP | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $599 |
| Dividends & Interest | $45,970 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,273 |
| Capital Gain Net Income | $30,578 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,051 |
| Total operating and administrative expenses | $23,917 |
| Contributions, gifts, grants paid | $2,160,453 |
| Total expenses and disbursements | $2,184,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 |
Over the last fiscal year, Foxx Family Foundation has awarded $2,160,453 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BLAWENBURG VILLAGE SCHOOL PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC PURPOSE: GENERAL & UNRESTRICTED | $83,781 |
MONTGOMERY TOWNSHIP EDUCATION FOUNDATION INC PURPOSE: CHARITABLE EVENT | $3,000 |
WADES ARMY PURPOSE: GENERAL & UNRESTRICTED | $4,000 |
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC PURPOSE: GENERAL & UNRESTRICTED (IN-KIND GRANTS - SEE GENERAL EXPLANATION) | $2,066,672 |