Grizzle Family Foundation
- Assets
- $598.7k
- Revenue
- -$22.6k
- Investments
- $538.4k
- Employees
- 0
- Location
- Lexington, VA
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 76-0556358
Organization Overview
Grizzle Family Foundation is located in Lexington, VA. The organization was established in 1998. 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. Grizzle 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 2020, Grizzle Family Foundation has awarded 37 individual grants totaling $540,300. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVANGELISM
POVERTY ACTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Grizzle President | 1 | $0 | |
Benjamin Grizzle VP | 1 | $0 | |
Andrew Grizzle Secretary | 1 | $0 | |
James David Grizzle Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,030 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$106,055 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$22,581 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $56 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,664 |
| Contributions, gifts, grants paid | $161,000 |
| Total expenses and disbursements | $167,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,009 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $23,310 |
| Total assets | $598,670 |
| 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, Grizzle Family Foundation has awarded $161,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GOBBLE WOBBLE 5K PURPOSE: COMMUNITY DEVELOPMENT | $1,000 |
ALPHA USA PURPOSE: EVANGELISM | $40,000 |
INNOVATIONS FOR POVERTY ACTION PURPOSE: POVERTY | $10,000 |
JESUS SAID LOVE PURPOSE: POVERTY HOUSING | $25,000 |
PALMER MEMORIAL EPISCOPAL PURPOSE: CHURCH | $25,000 |
SOCIAL AND ENVIRONMENTAL ENT PURPOSE: PRISON EVANGELISM | $25,000 |