Thomas T And Bernice F Irvin Foundation Inc
- Assets
- $3.7m
- Revenue
- $204.8k
- Investments
- $3.5m
- Employees
- 0
- Location
- Toccoa, GA
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 58-2359763
Organization Overview
Thomas T And Bernice F Irvin Foundation Inc is located in Toccoa, GA. The organization was established in 1999. 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. Thomas T And Bernice F Irvin 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 12/2023, Thomas T And Bernice F Irvin Foundation Inc generated $204.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $301.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomas T And Bernice F Irvin Foundation Inc has awarded 647 individual grants totaling $1,933,759. 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 |
|---|---|---|---|
James T Irvin Ceo/cfo | 10 | $49,500 | |
Lisa I Collier Secretary | 1 | $750 | |
Rob Thomas Irvin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $438 |
| Dividends & Interest | $94,229 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,157 |
| Capital Gain Net Income | $110,157 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $746 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90 |
| Total operating and administrative expenses | $84,441 |
| Contributions, gifts, grants paid | $217,225 |
| Total expenses and disbursements | $301,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,374 |
| Savings and temporary cash investments | $75,667 |
| 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 | $26,031 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,714,908 |
| 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, Thomas T And Bernice F Irvin Foundation Inc has awarded $217,225 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE OF HOPE NORTH GEORGIA PURPOSE: GENERAL CONTRIBUTION | $500 |
ABRAHAM BALDWIN AGRICULTURAL COLLEGE PURPOSE: GENERAL CONTRIBUTION | $3,000 |
ALPHA GAMMA RHO PURPOSE: GENERAL CONTRIBUTION | $500 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $1,000 |
AMERICAN LEGION PURPOSE: GENERAL CONTRIBUTION | $1,000 |
ANTIOCH BAPTIST CHURCH PURPOSE: GENERAL CONTRIBUTION | $5,000 |