The Joseph M Bryan Foundation Of Greater Greensboro Inc
- Assets
- $59.9m
- Revenue
- $2.5m
- Investments
- $48.6m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 07/1988
- Data as of
- 12/2022
- EIN
- 56-1548051
Organization Overview
The Joseph M Bryan Foundation Of Greater Greensboro Inc is located in Greensboro, NC. The organization was established in 1988. 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. Joseph M Bryan Foundation Of Greater Greensboro 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, Joseph M Bryan Foundation Of Greater Greensboro Inc generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Joseph M Bryan Foundation Of Greater Greensboro Inc has awarded 417 individual grants totaling $59,996,837. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E S Melvin President/director | 30 | $252,613 | |
Carole W Simms Sec-Treas/director | 2 | $0 | |
Shirley T Frye Chairman Of The Board/dire | 2 | $0 | |
J Edward Kitchen Vice President/director | 30 | $186,000 | |
David G Altman Director | 2 | $0 | |
Robert E Long Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smith Moore Leatherwood Llp | 12/30/16 | $410,830 |
Simpson Commercial Llc | 12/30/16 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $1,750,022 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $309,163 |
| Capital Gain Net Income | $309,163 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $462,629 |
| Total Revenue | $2,521,815 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $438,613 |
| Other employee salaries and wages | $56,400 |
| Pension plans, employee benefits | $68,398 |
| Interest | $140,563 |
| Taxes | $135,300 |
| Depreciation | $8,489 |
| Occupancy | $39,801 |
| Travel, conferences, and meetings | $1,806 |
| Printing and publications | $0 |
| Other expenses | $106,878 |
| Total operating and administrative expenses | $1,611,337 |
| Contributions, gifts, grants paid | $1,714,318 |
| Total expenses and disbursements | $3,325,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,253 |
| Savings and temporary cash investments | $1,162,766 |
| Net Accounts receivable | $1,929,833 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $7,606,290 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $62,868 |
| Net Land, buildings, and equipment | $15,329 |
| Other assets | $538,825 |
| Total assets | $59,871,696 |
| 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 | $2,553,597 |
| Other liabilities | $0 |
| Total liabilities | $2,553,597 |
Grants Awarded
Over the last fiscal year, The Joseph M Bryan Foundation Of Greater Greensboro Inc has awarded $4,284,318 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
ASH-RAND RESCUE SQUAD & EMS PURPOSE: BBQ FUNDRAISER | $100 |
AMERICAN RED CROSS PURPOSE: SALUE TO HEROES EVENT; DISASTER RELIEF | $26,500 |
ACTION GREENSBORO PURPOSE: OPERATIONS & YP SUPPORT; REGISTRATION FOR YOUNG, SMART, AND LOCAL CONFERENCE | $75,200 |
ARTS GREENSBORO PURPOSE: FOR MAGNOLIA HOUSE TENT | $1,500 |
BIGFOOT CYCLE CLUB PURPOSE: RIDE FOR HOPE EVENT | $1,000 |
BIKES FOR KIDS FOUNDATION PURPOSE: NEW BIKES AND HELMETS | $10,000 |