Skeebo Foundation
- Assets
- $0.0
- Revenue
- $9.3m
- Investments
- $58.8m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-7502934
Organization Overview
Skeebo Foundation is located in Charlotte, NC. The organization was established in 2014. 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. Skeebo 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 12/2021, Skeebo Foundation generated $9.3m in total revenue. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 91.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Skeebo Foundation has awarded 48 individual grants totaling $13,926,152. 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 |
|---|---|---|---|
Lane E Faison Trustee | 10 | $0 | |
Victoria Manning Exective Director | 20 | $43,020 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,091,750 |
| Interest on Savings | $1,965 |
| Dividends & Interest | $899,672 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,286,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,500 |
| Pension plans, employee benefits | $1,260 |
| Depreciation | $88 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $162,145 |
| Contributions, gifts, grants paid | $1,500,000 |
| Total expenses and disbursements | $1,662,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Skeebo Foundation has awarded $1,410,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BUILDING EXCELLENT SCHOOLS PURPOSE: GRANT FOR FELLOW IN CHARLOTTE | $50,000 |
READ CHARLOTTE (CHARLOTTE MECKLENBURG COMMUNITY FOUNDATION) PURPOSE: GENERAL OPERATING GRANT | $50,000 |
AFRICAN PEOPLE & WILDLIFE FUND INC PURPOSE: GENERAL OPERATING GRANT | $50,000 |
CHARTER SCHOOL GROWTH FUND PURPOSE: GENERAL OPERATING GRANT | $1,250,000 |
CENTRAL PIEDMONT COMMUNITY FOUNDATION PURPOSE: EARLY CHILDHOOD EDUCATION PATHWAY SCHOLORSHIP FUND | $10,000 |