Edmondson Foundation
- Assets
- $218.7k
- Revenue
- $4.6k
- Investments
- $204.0k
- Employees
- 0
- Location
- Goldsboro, NC
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 56-2057241
Organization Overview
Edmondson Foundation is located in Goldsboro, NC. The organization was established in 2000. 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. Edmondson 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 12/2022, Edmondson Foundation generated $4.6k 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 (16.6%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edmondson Foundation has awarded 20 individual grants totaling $175,000. 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 |
|---|---|---|---|
Gail Edmondson President | 0 | $0 | |
Judy C Tart Vice Preside | 0 | $0 | |
Charles Vernon Braswell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,044 |
| Capital Gain Net Income | $30 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,623 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,023 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $36,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,741 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $60,170 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $218,726 |
| 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, Edmondson Foundation has awarded $29,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NOURISH NC GRANT PURPOSE: FEED HUNGRY KIDS IN NEW HANOVER CTY | $3,000 |
ROSEWOOD BAPTIST CHURCH PURPOSE: YOUTH MINISTRY & CHURCH ACTIVITIES | $5,000 |
CONVOY OF HOPE PURPOSE: FEED THE HUNGRY | $10,000 |
VIGILANT HOPE PURPOSE: POVERTY AWARENESS & AID | $2,000 |
PORT CITY COMMUNITY CHURCH PURPOSE: URBAN MISSIONARIES | $3,000 |
EDEN VILLAGE OF WILMINGTON PURPOSE: HOUSING THE DISABLED AND HOMELESS | $5,000 |