John G B Jr & Jane R Ellison Family Foundation Inc
- Assets
- $12.2m
- Revenue
- $597.2k
- Investments
- $8.6m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 10/1996
- Data as of
- 12/2022
- EIN
- 56-1981120
Organization Overview
John G B Jr & Jane R Ellison Family Foundation Inc is located in Greensboro, NC. The organization was established in 1996. 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. John G B Jr & Jane R Ellison Family 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, John G B Jr & Jane R Ellison Family Foundation Inc generated $597.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John G B Jr & Jane R Ellison Family Foundation Inc has awarded 99 individual grants totaling $38,586,018. 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 |
|---|---|---|---|
John Ellison Jr President, Treasurer | 1 | $0 | |
Jane R Kearns Formerly Ellison Secretary | 0 | $0 | |
Elaine M Roberts Assistant Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,926 |
| Dividends & Interest | $66,852 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $524,437 |
| Capital Gain Net Income | $524,437 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $597,215 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $207,226 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,043,814 |
| Total operating and administrative expenses | $1,251,040 |
| Contributions, gifts, grants paid | $1,120,334 |
| Total expenses and disbursements | $2,371,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,545,458 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $10,062 |
| 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 | $8,607,930 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,163,450 |
| 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, John G B Jr & Jane R Ellison Family Foundation Inc has awarded $5,256,332 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HIGHER EDUCATION WORKS PURPOSE: TO SUPPORT QUALITY AND AFFORDABLE HIGHER EDUCATION | $3,000 |
COALITION FOR CAROLINA FOUNDATION PURPOSE: TO SUPPORT HIGH EDUCATION | $20,000 |
READY FOR SCHOOL READY FOR LIFE PURPOSE: TO SUPPORT THIS INTEGRATIVE PROGRAM FOR YOUNG CHILDREN AND THEIR FAMILIES | $35,000 |
LAWRENCE SCHOOL PURPOSE: TO SUPPORT QUALITY PRIMARY EDUCATION | $32,666 |
UNITED WAY OF GREATER GREENSBORO PURPOSE: TO HELP LIFT PEOPLE OUT OF POVERTY | $14,000 |
EVERYDAY ZEN FOUNDATION PURPOSE: TO SUPPORT THE STUDY AND PRACTICE OF ZEN BUDDHISM | $5,000 |