George T Lewis Jr Foundation
- Assets
- $0.0
- Revenue
- $2.8m
- Investments
- $29.2m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4281545
Organization Overview
George T Lewis Jr Foundation is located in Charlotte, NC. The organization was established in 2017. 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. George T Lewis 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 12/2021, George T Lewis Jr Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, George T Lewis Jr Foundation has awarded 102 individual grants totaling $7,050,250. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,695 |
| Dividends & Interest | $729,962 |
| Profit on Inventory Sales | $0 |
| Other Income | -$48,008 |
| Total Revenue | $2,844,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $142,994 |
| Contributions, gifts, grants paid | $1,714,500 |
| Total expenses and disbursements | $1,857,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,128,104 |
| Investments—mortgage loans | $0 |
| Investments—other | $29,188,017 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, George T Lewis Jr Foundation has awarded $1,990,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BROOK'S HAVEN PURPOSE: DONATION | $10,000 |
EAGLE ROCK CAMP PURPOSE: DONATION | $30,000 |
BIKERS AGAINST CHILD ABUSE PURPOSE: DONATION | $50,000 |
WESTERN YOUTH NETWORK PURPOSE: DONATION | $60,000 |
COUNCIL FOR CHILDREN'S RIGHTS PURPOSE: DONATION | $40,000 |
HOLY ANGELS PURPOSE: DONATION | $40,000 |