Jessie Griggs Pratt Charitable Trust
- Assets
- $1.2m
- Revenue
- $31.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Wilson, NC
- Founding
- Data as of
- 12/2020
- EIN
- 56-6509387
Organization Overview
Jessie Griggs Pratt Charitable Trust is located in Wilson, NC. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Jessie Griggs Pratt Charitable Trust 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 12/2020, Jessie Griggs Pratt Charitable Trust generated $31.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $68.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $35,756 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,732 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,412 |
| Total Revenue | $31,479 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,294 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,061 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88 |
| Total operating and administrative expenses | $26,756 |
| Contributions, gifts, grants paid | $42,137 |
| Total expenses and disbursements | $68,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12 |
| Savings and temporary cash investments | $34,671 |
| 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 | $137,390 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,200,242 |
| 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, Jessie Griggs Pratt Charitable Trust has awarded $42,137 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MORVEN CEMETARY ASSOCIATION PURPOSE: CHARITABLE | $13,273 |
MORVEN UNITED METHODIST CHURCH PURPOSE: CHARITABLE | $9,481 |
NEW HOPE METH CH CEMETARY ASSOC PURPOSE: CHARITABLE | $8,849 |
ANSON COUNTY SCHOOLS PURPOSE: CHARITABLE | $7,374 |
ANSON COUNTY RESCUE SQUAD INC PURPOSE: CHARITABLE | $1,580 |
ANSON COMMUNITY HOSPICE PURPOSE: CHARITABLE | $1,580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cf Foundation Inc Atlanta, GA | $60,851,215 | $5,130,874 |
The David Belk Cannon Foundation Gastonia, NC | $0 | $4,765,855 |
World Poultry Foundation Inc Tucker, GA | $28,014,565 | $2,601,293 |
Seymour Family Foundation Irrev Charitable Trust Uad 12-21-15 Charlotte, NC | $3,421,952 | $6,290,943 |
Waterfall Foundation Inc Atlanta, GA | $17,781,141 | $467,284 |
Ted And Drama Russell Family Foundation Knoxville, TN | $97,704,141 | $6,828,732 |
Commonwealth Foundation V Richmond, VA | $38,532,929 | $6,620,642 |
Commonwealth Foundation Iv Richmond, VA | $38,533,029 | $6,621,693 |
R E B Foundation Richmond, VA | $74,287,615 | $7,129,947 |
Wythe-Bland Foundation Wytheville, VA | $49,336,372 | $2,855,357 |
National Heritage Foundation Inc Ashburn, VA | $4,189,529 | $1,236,211 |
Charity Assets Trust Cumming, GA | $3,483 | $1,605,049 |