Johnny And Kathryn Wright Foundation
- Assets
- $1.2m
- Revenue
- $656.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3371992
Organization Overview
Johnny And Kathryn Wright Foundation is located in Birmingham, AL. The organization was established in 2018. 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. Johnny And Kathryn Wright 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 12/2022, Johnny And Kathryn Wright Foundation generated $656.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Johnny And Kathryn Wright Foundation has awarded 90 individual grants totaling $2,121,833. 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 |
|---|---|---|---|
Jonathan Wright President | 5 | $0 | |
Kathryn Wright Vice President | 5 | $0 | |
Gary Crumpton Secretary & Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $614,500 |
| Interest on Savings | $107 |
| Dividends & Interest | $29,254 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,724 |
| Capital Gain Net Income | $12,724 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $656,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,701 |
| Total operating and administrative expenses | $14,996 |
| Contributions, gifts, grants paid | $1,053,014 |
| Total expenses and disbursements | $1,068,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,231,810 |
| 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 | $0 |
| Total assets | $1,231,810 |
| 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, Johnny And Kathryn Wright Foundation has awarded $1,053,014 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AERO MISSIONS INC PURPOSE: CHARITABLE CONTRIBUTION | $907,766 |
BAPTIST INTERNATIONAL MISSIONS INC PURPOSE: CHARITABLE CONTRIBUTION | $3,711 |
BAPTIST WORLD MISSION PURPOSE: CHARITABLE CONTRIBUTION | $6,182 |
BRIARWOOD CHRISTIAN PURPOSE: CHARITABLE CONTRIBUTION | $64,650 |
GIRL SCOUTS PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
MAKE A WISH FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $16,000 |