Ronald And Vicki Canakaris Family Foundation Inc
- Assets
- $6.4m
- Revenue
- $5.1m
- Investments
- $1.7m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 57-1139596
Organization Overview
Ronald And Vicki Canakaris Family Foundation Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald And Vicki Canakaris 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, Ronald And Vicki Canakaris Family Foundation Inc generated $5.1m in total revenue. All expenses for the organization totaled $280.1k during the year ending 12/2022. While expenses have increased by 20.1% per year over the past 5 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 2020, Ronald And Vicki Canakaris Family Foundation Inc has awarded 73 individual grants totaling $924,250. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki J Canakaris Secretary | 0 | $0 | |
Ronald E Canakaris President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,004,806 |
| Interest on Savings | $284 |
| Dividends & Interest | $62,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,372 |
| Capital Gain Net Income | $77,372 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,145,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,345 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $3,145 |
| Contributions, gifts, grants paid | $277,000 |
| Total expenses and disbursements | $280,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,661,617 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,388,021 |
| 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, Ronald And Vicki Canakaris Family Foundation Inc has awarded $277,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: CHARITABLE | $50,000 |
ANDEE'S ARMY INC PURPOSE: CHARITABLE | $50,000 |
GREEK ORTHODOX CATHEDRAL OF THE ANN PURPOSE: CHARITABLE | $30,000 |
Union City, GA PURPOSE: CHARITABLE | $25,000 |
WARRICK DUNN FAMILY FOUNDATION PURPOSE: CHARITABLE | $25,000 |
Atlanta, GA PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |