James T & Louise R Broyhill Foundation Inc
- Assets
- $2.1m
- Revenue
- $239.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 02/1994
- Data as of
- 12/2023
- EIN
- 56-1853094
Organization Overview
James T & Louise R Broyhill Foundation Inc is located in Winstonsalem, NC. The organization was established in 1994. 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. James T & Louise R Broyhill 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 12/2023, James T & Louise R Broyhill Foundation Inc generated $239.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $340.7k during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 9 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 2015, James T & Louise R Broyhill Foundation Inc has awarded 179 individual grants totaling $1,977,700. 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 |
|---|---|---|---|
Marilyn Broyhill Beach President | 0 | $0 | |
Marilyn Broyhill Beach Treasurer/se | 0 | $0 | |
Edgar Broyhill Vice Preside | 0 | $0 | |
Louise Broyhill Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $390 |
| Dividends & Interest | $73,897 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $165,097 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1 |
| Total Revenue | $239,383 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $98 |
| Taxes | $185 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $446 |
| Total operating and administrative expenses | $2,729 |
| Contributions, gifts, grants paid | $338,000 |
| Total expenses and disbursements | $340,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,355 |
| 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 | $2,160 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $62,861 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,086,122 |
| 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, James T & Louise R Broyhill Foundation Inc has awarded $338,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ABC OF NC PURPOSE: UNRESTRICTED | $20,000 |
ARBOR ACRES EMPLOYEE AND RESIDENT A PURPOSE: UNRESTRICTED | $2,000 |
ASU LIBRARY PURPOSE: UNRESTRICTED | $1,000 |
BEST NC PURPOSE: UNRESTRICTED | $5,000 |
CENTENARY UMC PURPOSE: UNRESTRICTED | $10,300 |
CHILDRENS LAW CENTER PURPOSE: UNRESTRICTED | $5,000 |