Primrose Schools Childrens Foundation Inc
- Assets
- $675.6k
- Revenue
- $327.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 58-2580120
Organization Overview
Primrose Schools Childrens Foundation Inc is located in Atlanta, GA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public 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. Primrose Schools Childrens 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, Primrose Schools Childrens Foundation Inc generated $327.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $345.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Primrose Schools Childrens Foundation Inc has awarded 28 individual grants totaling $2,532,165. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CORPORATION IS TO ESTABLISH GRANTS AND MAKE CHARITABLE CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE IN AN EFFORT TO ESTABLISH A BRIGHTER FUTURE FOR ALL CHILDREN, ESPECIALLY THOSE WHO ARE ECONOMICALLY, SOCIALLY, OR EDUCATIONALLY DISADVANTAGED, WITH AN EMPHASIS ON IMPROVING EARLY CHILDHOOD EDUCATION, LITERACY, HEALTH, AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION COMBINES THE FUNDRAISING EFFORTS OF PRIMROSE SCHOOLS ACROSS THE COUNTRY TO MAKE A LARGER NATIONAL IMPACT THROUGH COMMUNITY OUTREACH AND CHARITABLE SUPPORT THAT ADVANCES CHILD ADVOCACY AND EDUCATIONAL EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo Kirchner President | OfficerTrustee | 2.5 | $0 |
Josh Greear Tresaurer/secretary | OfficerTrustee | 0.5 | $0 |
Gloria Julius Director | Trustee | 0.5 | $0 |
Jo Ann Herold Director | Trustee | 0.5 | $0 |
Ken Bernhardt Director | Trustee | 0.5 | $0 |
Tad Hutcheson Former Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $327,607 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,607 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $327,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $305,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,232 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,412 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,442 |
| All other expenses | $30 |
| Total functional expenses | $345,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $675,565 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $675,565 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $675,565 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $675,565 |
Grants Awarded
Over the last fiscal year, Primrose Schools Childrens Foundation Inc has awarded $305,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAVE THE CHILDREN FEDERATION INC PURPOSE: TO SUPPORT CHILD WELFARE AND RIGHTS AROUND THE WORLD. | $45,000 |
AMERICAN RED CROSS PURPOSE: TO SUPPORT FAMILIES IMPACTED BY THE COLORADO WILDFIRES. | $10,000 |
ADVENTHEALTH FOUNDATION INC PURPOSE: DONATION TOWARDS THE PRIMROSE PROMISE WEST LAKES SCHOOL FUNDRAISER. | $250,000 |