Leitalift Foundation Inc
- Assets
- $3.6m
- Revenue
- $144.3k
- Investments
- $3.1m
- Employees
- 0
- Location
- Dunwoody, GA
- Founding
- 03/1960
- Data as of
- 12/2022
- EIN
- 58-6048185
Organization Overview
Leitalift Foundation Inc is located in Dunwoody, GA. The organization was established in 1960. 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. Leitalift 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 2015, Leitalift Foundation Inc has awarded 72 individual grants totaling $388,611. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING OF SCHOLARSHIPS - VARIOUS COLLEGES, UNIVERSITIES, AND LEARNING CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas R Campbell Jr Trustee | 4 | $3,000 | |
Kimberly Gauger Trustee | 3 | $5,400 | |
Chris Pappadakis Trustee | 3 | $3,000 | |
Ac Pappadakis Trustee | 10 | $3,000 | |
Sally P White Trustee | 3 | $5,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,136 |
| Dividends & Interest | $100,086 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,365 |
| Capital Gain Net Income | $44,365 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,309 |
| Total Revenue | $144,278 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,729 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,974 |
| Total operating and administrative expenses | $54,815 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $104,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,262 |
| Savings and temporary cash investments | $280,509 |
| 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 | $3,106,676 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $189,113 |
| Total assets | $3,615,560 |
| 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, Leitalift Foundation Inc has awarded $49,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BERRY COLLEGE PURPOSE: EDUCATIONAL FUNDS FOR STUDENTS | $8,000 |
EVERY WOMAN WORKS PURPOSE: FUNDS TO SUPPORT PROGRAM | $2,000 |
GEORGIA ENSEMBLE THEATER PURPOSE: EDUCATIONAL FUNDS FOR STUDENTS | $5,250 |
MERCER UNIVERSITY'S GEORGIA BAPTIST COLLEGE OF NURSING PURPOSE: EDUCATIONAL FUNDS FOR STUDENTS | $4,000 |
MERCER UNIVERSITY PURPOSE: EDUCATIONAL FUNDS FOR STUDENTS | $17,026 |
SYNCHRONICITY PERFORMANCE PURPOSE: EDUCATIONAL FUNDS FOR STUDENTS | $4,000 |