R Howard Dobbs Jr Foundation Inc
- Assets
- $69.8m
- Revenue
- $1.7m
- Investments
- $66.7m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/1961
- Data as of
- 12/2021
- EIN
- 58-6033186
Organization Overview
R Howard Dobbs Jr Foundation Inc is located in Atlanta, GA. The organization was established in 1961. 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. R Howard Dobbs Jr 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.
Since 2014, R Howard Dobbs Jr Foundation Inc has awarded 225 individual grants totaling $10,160,905. 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 |
|---|---|---|---|
David D Weitnauer President | 40 | $260,069 | |
H Dobbs Laird Trustee | 1 | $0 | |
E Cody Laird Jr Trustee/chair | 1 | $0 | |
Barbara Cleveland Trustee | 1 | $0 | |
Dot Laird Williams Trustee | 1 | $0 | |
C Markly Crosswell Trustee/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,806 |
| Interest on Savings | $0 |
| Dividends & Interest | $576,745 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,085,884 |
| Capital Gain Net Income | $1,085,884 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,696,435 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $260,069 |
| Other employee salaries and wages | $54,717 |
| Pension plans, employee benefits | $102,703 |
| Interest | $0 |
| Taxes | $98,215 |
| Depreciation | $1,863 |
| Occupancy | $65,597 |
| Travel, conferences, and meetings | $2,611 |
| Printing and publications | $0 |
| Other expenses | $68,451 |
| Total operating and administrative expenses | $717,905 |
| Contributions, gifts, grants paid | $2,398,000 |
| Total expenses and disbursements | $3,115,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,024,526 |
| 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 | $216 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,466,481 |
| Net Land, buildings, and equipment | $3,824 |
| Other assets | $8,867 |
| Total assets | $69,781,201 |
| Accounts payable and accrued expenses | $10,776 |
| Grants payable | $270,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $387,639 |
| Total liabilities | $668,415 |
Grants Awarded
Over the last fiscal year, R Howard Dobbs Jr Foundation Inc has awarded $2,770,000 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: R. HOWARD DOBBS JR. FOUNDATION FUND | $150,000 |
ARCHI55 PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $125,000 |
ONE HUNDRED MILES INC PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $125,000 |
ONE HUNDRED MILES INC PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $125,000 |
THE GREY MATTER PROJECT (DBA THE CURRENT) PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $100,000 |
MERCY CARE FOUNDATION INC PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |