Sartain Lanier Family Foundation Inc
- Assets
- $119.2m
- Revenue
- $6.6m
- Investments
- $116.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/1965
- Data as of
- 12/2021
- EIN
- 58-6045056
Organization Overview
Sartain Lanier Family Foundation Inc is located in Atlanta, GA. The organization was established in 1965. 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. Sartain Lanier Family 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 2018, Sartain Lanier Family Foundation Inc has awarded 400 individual grants totaling $19,839,856. 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 |
|---|---|---|---|
Patricia E Lummus Executive Director | 40 | $182,750 | |
Stephen S Lanier Trustee & Chair | 1 | $2,000 | |
V Whitson Lanier Jr Trustee | 1 | $2,000 | |
Liza Lanier Jancik Trustee | 1 | $2,000 | |
P Alex Livingston III Trustee | 1 | $2,000 | |
Thomas C Chubb III Trustee | 1 | $2,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Makena Capital Mangement Llc | 12/30/21 | $56,460 |
Lcg Associates Inc | 12/30/21 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,680,835 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,841,674 |
| Capital Gain Net Income | $4,841,674 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,785 |
| Total Revenue | $6,560,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $198,750 |
| Other employee salaries and wages | $31,093 |
| Pension plans, employee benefits | $0 |
| Interest | $13,365 |
| Taxes | $20,641 |
| Depreciation | $0 |
| Occupancy | $20,057 |
| Travel, conferences, and meetings | $880 |
| Printing and publications | $0 |
| Other expenses | $42,754 |
| Total operating and administrative expenses | $537,985 |
| Contributions, gifts, grants paid | $3,822,790 |
| Total expenses and disbursements | $4,360,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,595 |
| Savings and temporary cash investments | $1,739,133 |
| Net Accounts receivable | $1,353,437 |
| 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 | $42,560,751 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $119,164,281 |
| Accounts payable and accrued expenses | $131 |
| 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 | $131 |
Grants Awarded
Over the last fiscal year, Sartain Lanier Family Foundation Inc has awarded $3,822,790 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $1,000,000 |
Atlanta, GA PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $333,000 |
EMORY MEDICINE WOODRUFF HEALTH SCIENCES CENTER PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $333,000 |
UAB SCHOOL OF MEDICINE DEPARTMENT OF NEUROLOGY PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $250,000 |
WOODRUFF ARTS CENTER PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $100,000 |
Atlanta, GA PURPOSE: TO SUPPORT THE 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 |