Jandy Ammons Foundation Inc
- Assets
- $6.4m
- Revenue
- $526.2k
- Investments
- $3.7m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 02/2013
- Data as of
- 12/2022
- EIN
- 46-1420271
Organization Overview
Jandy Ammons Foundation Inc is located in Raleigh, NC. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jandy Ammons Foundation Inc 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 12/2022, Jandy Ammons Foundation Inc generated $526.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $514.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jandy Ammons Foundation Inc has awarded 80 individual grants totaling $2,751,337. 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 |
|---|---|---|---|
Andrew L Ammons Secretary/tr | 0 | $0 | |
Jeanette F Ammons President / | 0 | $0 | |
Andrew W Ammons Board Member | 0 | $0 | |
Jessie Rumbley Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,000 |
| Interest on Savings | $12,178 |
| Dividends & Interest | $95,065 |
| Net Rental Income | $54,847 |
| Net Gain on Sale of Assets | $229,077 |
| Capital Gain Net Income | $229,077 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27 |
| Total Revenue | $526,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,911 |
| Depreciation | $14,685 |
| Occupancy | $10,274 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,031 |
| Total operating and administrative expenses | $102,547 |
| Contributions, gifts, grants paid | $412,131 |
| Total expenses and disbursements | $514,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,134 |
| Savings and temporary cash investments | $1,177,737 |
| 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 | $1,145,746 |
| Other assets | $2,000 |
| Total assets | $6,405,301 |
| 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, Jandy Ammons Foundation Inc has awarded $818,390 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
NC STATE ENGINEERING FOUNDATION PURPOSE: ENVIRONMENTAL LAB | $125,000 |
NC MUSEUM OF LIFE & SCIENCE PURPOSE: EXPLORE THE WILD EXHIBIT | $50,000 |
CAPE FEAR RIVER WATCH PURPOSE: STORM DRAIN LITTER TRAPS AND ED | $9,631 |
CORRAL RIDING ACADEMY INC PURPOSE: COMMUNITY SPACE REVITALIZATION | $25,000 |
ELKIN VALLEY TRAILS ASSOCIATION PURPOSE: BRIDGE OF DREAMS TRAIL HEAD | $20,000 |
MARBLES KIDS MUSEUM PURPOSE: ACTIVATION OF CENTRAL COURTYARD | $45,000 |