Ruth T Jinks Foundation Inc
- Assets
- $9.6m
- Revenue
- -$251.2k
- Investments
- $7.5m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1955
- Data as of
- 11/2023
- EIN
- 58-6043856
Organization Overview
Ruth T Jinks Foundation Inc is located in Atlanta, GA. The organization was established in 1955. 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. Ruth T Jinks 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 2016, Ruth T Jinks Foundation Inc has awarded 25 individual grants totaling $2,235,023. 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 |
|---|---|---|---|
Gc Jinks III Manager | 10 | $0 | |
Joy S Jinks Manager | 1 | $0 | |
Alice M Jinks Manager | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $54,663 |
| Net Rental Income | -$6,727 |
| Net Gain on Sale of Assets | -$311,866 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$251,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $6,000 |
| Interest | $0 |
| Taxes | $2,805 |
| Depreciation | $12,727 |
| Occupancy | $4,224 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $75,643 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $150,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $498,449 |
| 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 | $0 |
| Net Land, buildings, and equipment | $182,340 |
| Other assets | $1,328,323 |
| Total assets | $9,553,623 |
| 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, Ruth T Jinks Foundation Inc has awarded $75,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PINEWOODS APARTMENTS PURPOSE: FOR OPERATIONS | $10,000 |
CITY OF COLQUITT GEORGIA PURPOSE: FOR OPERATIONS | $65,000 |