Norris Family Foundation
- Assets
- $1.3m
- Revenue
- $47.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 62-1843614
Organization Overview
Norris Family Foundation is located in Charlotte, NC. The organization was established in 2003. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norris Family Foundation 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, Norris Family Foundation has awarded 60 individual grants totaling $195,850. 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 |
|---|---|---|---|
Cheryl A Norris Secretary And Director | 0 | $0 | |
Laura N Robinson President And Director | 0 | $0 | |
Edwin Ward Norris Treasurer And Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,901 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,567 |
| Capital Gain Net Income | $16,567 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $81 |
| Total Revenue | $47,569 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,443 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $24,004 |
| Contributions, gifts, grants paid | $62,000 |
| Total expenses and disbursements | $86,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,197 |
| Savings and temporary cash investments | $1,249,351 |
| 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 | $126 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,312,674 |
| 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, Norris Family Foundation has awarded $62,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOPE ALLIANCE PURPOSE: TO PROVIDE A SAFE, HEALING JOURNEY FOR HURTING CHILDREN AND FAMILIES, CREATING HOPE. | $1,000 |
CHARLOTTE RESCUE MISSION PURPOSE: TO ASSIST WITH ADDICTION RECOVERY PROGRAMS | $5,000 |
DILWORTH CENTER PURPOSE: TO ASSIST WITH ADDICTION RECOVERY PRORGAMS | $2,500 |
BARTER THEATRE PURPOSE: TO ENRICH LIVES THROUGH EXTRAORDINARY THEATRE. | $1,000 |
FIGS OF WAKE COUNTY PURPOSE: TO PROVIDE PRESCRIPTION AND MEDICAL SUPPLIES ASSISTANCE | $2,500 |
FOOD BANK OF CENTRAL AND EASTERN NC PURPOSE: OPERATIONS | $5,000 |