Wormsloe Foundation Inc Isle Of Hope
- Assets
- $2.0m
- Revenue
- $668.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 12/1959
- Data as of
- 12/2021
- EIN
- 58-6034319
Organization Overview
Wormsloe Foundation Inc Isle Of Hope is located in Savannah, GA. The organization was established in 1959. 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. Wormsloe Foundation Inc Isle Of Hope 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, Wormsloe Foundation Inc Isle Of Hope generated $668.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $573.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wormsloe Foundation Inc Isle Of Hope has awarded 12 individual grants totaling $1,449,000. 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 |
|---|---|---|---|
Mrsdiana D Barrow Chairman | 2 | $0 | |
Mr Craig Barrow III Treasurer | 5 | $0 | |
Ms Dorinda Dallmeyer Trustee | 1 | $0 | |
Mr Thornton D Barrow Trustee | 1 | $0 | |
Mrs Elfrida B Sinkler Trustee | 1 | $0 | |
Mrs Brandy Loretta Barrow Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $187 |
| Dividends & Interest | $101,303 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $531,376 |
| Capital Gain Net Income | $531,376 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,445 |
| Total Revenue | $668,311 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,529 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,579 |
| Total operating and administrative expenses | $31,013 |
| Contributions, gifts, grants paid | $542,000 |
| Total expenses and disbursements | $573,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,023 |
| Savings and temporary cash investments | $64,459 |
| Net Accounts receivable | $2,000 |
| 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 | $630,667 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,011,250 |
| Accounts payable and accrued expenses | $5,675 |
| 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 | $5,675 |
Grants Awarded
Over the last fiscal year, Wormsloe Foundation Inc Isle Of Hope has awarded $1,084,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF GEORGIA FDN PURPOSE: PRESERVATION | $482,000 |
UNIVERSITY OF GEORGIA FDN PURPOSE: PRESERVATION | $482,000 |
WORMSLOE INSTITUTE FOR ENVIRON HIST PURPOSE: HISTORICAL PRESERVATION | $55,000 |
WORMSLOE INSTITUTE FOR ENVIRON HIST PURPOSE: HISTORICAL PRESERVATION | $55,000 |
ROTARY CLUB OF SAVANNAH FDN PURPOSE: BENEVOLENCE | $5,000 |
ROTARY CLUB OF SAVANNAH FDN PURPOSE: BENEVOLENCE | $5,000 |
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 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
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 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |