Manning Family Foundation
- Assets
- $313.1m
- Revenue
- $17.2m
- Investments
- $313.1m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 74-3054138
Organization Overview
Manning Family Foundation is located in Charlottesville, VA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Manning 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.
For the year ending 12/2021, Manning Family Foundation generated $17.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $10.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Manning Family Foundation has awarded 167 individual grants totaling $27,500,611. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul B Manning Director, President, Treasurer | 1 | $0 | |
Diane L Manning Director And Secretary | 1 | $0 | |
Bradford J Manning Director | 1 | $0 | |
Kaitlyn M Henry Director | 1 | $0 | |
Russell T Schundler Secretary | 1 | $0 | |
Bryan P Manning Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,614,286 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,620,458 |
| Capital Gain Net Income | $11,620,458 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$18,094 |
| Total Revenue | $17,216,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $57,941 |
| Pension plans, employee benefits | $0 |
| Interest | $126,390 |
| Taxes | $60,534 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,677 |
| Printing and publications | $0 |
| Other expenses | $466,051 |
| Total operating and administrative expenses | $728,642 |
| Contributions, gifts, grants paid | $9,590,477 |
| Total expenses and disbursements | $10,319,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,415 |
| Savings and temporary cash investments | $0 |
| 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 | $313,090,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $313,144,000 |
| 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 | $1,798 |
| Total liabilities | $1,798 |
Grants Awarded
Over the last fiscal year, Manning Family Foundation has awarded $9,590,477 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
FOUNDATION FIGHTING BLINDNESS PURPOSE: GENERAL | $5,000,000 |
UNIVERSITY OF VIRIGINIA PURPOSE: GENERAL | $1,050,000 |
JDFT1D FUND LLC PURPOSE: GENERAL | $500,000 |
UNIVERSITY OF VIRGINIA PURPOSE: UVA HEALTH FOUNDATION | $350,000 |
UNIVERSITY OF VIRIGINIA PURPOSE: GENERAL | $350,000 |
UNIVERSITY OF MASSACHUSETTS PURPOSE: GENERAL | $334,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Manning Family Foundation has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
The Pruet Foundation Jackson, MS PURPOSE: UNRESTRICTED | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |