The Jim Cox Jr Foundation is located in Atlanta, GA. The organization was established in 1994. 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. Jim Cox Jr Foundation 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 12/2022, Jim Cox Jr Foundation generated $658.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jim Cox Jr Foundation has awarded 108 individual grants totaling $3,341,690. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Hooks Trustee | 20 | $76,322 | |
Bank Of America Agent For Trustee | 1 | $119,822 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $506,428 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $152,253 |
| Capital Gain Net Income | $152,253 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5 |
| Total Revenue | $658,686 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $196,144 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,918 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,544 |
| Total operating and administrative expenses | $264,405 |
| Contributions, gifts, grants paid | $1,294,580 |
| Total expenses and disbursements | $1,558,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $598,912 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $18,569,992 |
| 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 |
Over the last fiscal year, The Jim Cox Jr Foundation has awarded $1,294,580 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR THE PURPOSE: UNRESTRICTED GENERAL | $20,000 |
UNIVERSITY OF ALABAMA AT BIRMINGHAM PURPOSE: UNRESTRICTED GENERAL | $50,000 |
UNION OF CONCERNED SCIENTISTS PURPOSE: UNRESTRICTED GENERAL | $40,000 |
FIRST RESPONDERS CHILDREN FDN PURPOSE: UNRESTRICTED GENERAL | $40,000 |
EDBOOST EDUCATION CORPORATION PURPOSE: UNRESTRICTED GENERAL | $10,000 |
PLANNED PARENTHOOD FEDERATION OF AMERICA PURPOSE: UNRESTRICTED GENERAL | $50,000 |