Courtney Knight Gaines Foundation Inc
- Assets
- $9.6m
- Revenue
- $613.1k
- Investments
- $9.3m
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 09/1998
- Data as of
- 12/2022
- EIN
- 58-2398209
Organization Overview
Courtney Knight Gaines Foundation Inc is located in Savannah, GA. The organization was established in 1998. 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. Courtney Knight Gaines 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, Courtney Knight Gaines Foundation Inc generated $613.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $525.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Courtney Knight Gaines Foundation Inc has awarded 306 individual grants totaling $3,839,382. 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 |
|---|---|---|---|
Ezekiel B Gaines III President | 0 | $0 | |
Christopher E Klein Secretary | 0 | $0 | |
Courtney G Fetz Trustee | 0 | $0 | |
Grace G Gattis Trustee | 0 | $0 | |
William B Gaines Trustee | 0 | $0 | |
James Thomas Gattis Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,511 |
| Dividends & Interest | $266,529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $325,058 |
| Capital Gain Net Income | $325,058 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $613,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,683 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $414 |
| Total operating and administrative expenses | $89,928 |
| Contributions, gifts, grants paid | $435,050 |
| Total expenses and disbursements | $524,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,388 |
| Savings and temporary cash investments | $211,221 |
| 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 | $9,321,150 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,550,759 |
| 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, Courtney Knight Gaines Foundation Inc has awarded $435,050 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION OF COASTAL GA PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
CHATHAM TRANSITIONAL MINISTRIES PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
BAYLOR UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
GEORGIA CONSERVANCY PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
CARETTA RESEARCH PROJECT PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
HOSPICE SAVANNAH PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |