The Talbert Family Foundation
- Assets
- $466.9k
- Revenue
- $256.7k
- Investments
- $360.7k
- Employees
- 0
- Location
- Wrightsville Beach, NC
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 58-1807228
Organization Overview
The Talbert Family Foundation is located in Wrightsville Beach, NC. The organization was established in 1988. 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. Talbert Family 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 12/2021, Talbert Family Foundation generated $256.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $588.0k during the year ending 12/2021. While expenses have increased by 28.4% per year over the past 7 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, Talbert Family Foundation has awarded 357 individual grants totaling $1,225,688. 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 B Talbert Jr President | 2 | $0 | |
Judy B Talbert Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,208 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $244,183 |
| Capital Gain Net Income | $2,932 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $348 |
| Total Revenue | $256,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $204 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,035 |
| Contributions, gifts, grants paid | $577,980 |
| Total expenses and disbursements | $588,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,843 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $369 |
| Total assets | $466,932 |
| 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, The Talbert Family Foundation has awarded $577,980 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
TALBERT FAMILY CHARITABLE GIFT FUND PURPOSE: UNRESTRICTED | $500,000 |
THALIAN HALL CTR PERF A PURPOSE: UNRESTRICTED DONATION | $27,500 |
UNC EDUCATIONAL FOUNDATIO PURPOSE: UNRESTRICTED DONATION | $16,000 |
UNC GREENSBORO PURPOSE: FOUNDATION | $10,330 |
Charlotte, NC PURPOSE: UNRESTRICTED | $5,000 |
CANINES IN SERVICE PURPOSE: UNRESTRICTED DONATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |