Evelyn And Frank Gordy Foundation
- Assets
- $12.1m
- Revenue
- $758.8k
- Investments
- $11.6m
- Employees
- 0
- Location
- Kennesaw, GA
- Founding
- 09/1997
- Data as of
- 04/2023
- EIN
- 58-6343707
Organization Overview
Evelyn And Frank Gordy Foundation is located in Kennesaw, GA. The organization was established in 1997. 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. Evelyn And Frank Gordy 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 04/2023, Evelyn And Frank Gordy Foundation generated $758.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $694.5k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Evelyn And Frank Gordy Foundation has awarded 189 individual grants totaling $4,335,928. 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 |
|---|---|---|---|
Nancy Gordy Simms Trustee | 0 | $0 | |
Douglas Gordon Muir III Trustee | 0 | $0 | |
Caroline Muir Browne Trustee | 0 | $0 | |
Steven H Simms Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,971 |
| Dividends & Interest | $288,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $464,021 |
| Capital Gain Net Income | $464,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66 |
| Total Revenue | $758,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $94,655 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,182 |
| Depreciation | $553 |
| Occupancy | $51,344 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,848 |
| Total operating and administrative expenses | $244,802 |
| Contributions, gifts, grants paid | $449,700 |
| Total expenses and disbursements | $694,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,492 |
| Savings and temporary cash investments | $537,698 |
| 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 | $4,210 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $754 |
| Other assets | $13,147 |
| Total assets | $12,137,023 |
| 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, Evelyn And Frank Gordy Foundation has awarded $449,700 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA YOUTH ACADMEY PURPOSE: CHARITABLE PURPOSE | $14,000 |
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION PURPOSE: CHARITABLE PURPOSE | $50,000 |
CYSTIC FIBROSIS FOUNDATION- GEORGIA CHAPTER PURPOSE: CHARITABLE PURPOSE | $4,200 |
CURE CHILDHOOD CANCER PURPOSE: CHARITABLE PURPOSE | $10,000 |
FOUNDATION OF WESLEY WOODS PURPOSE: CHARITABLE PURPOSE | $7,500 |
GILGAL INC PURPOSE: CHARITABLE PURPOSE | $14,000 |