Amelia And Michael Warner Foundation Inc
- Assets
- $991.8k
- Revenue
- $63.0k
- Investments
- $836.6k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 82-3721211
Organization Overview
Amelia And Michael Warner Foundation Inc is located in Raleigh, NC. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Amelia And Michael Warner Foundation Inc 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, Amelia And Michael Warner Foundation Inc generated $63.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $88.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Amelia And Michael Warner Foundation Inc has awarded 27 individual grants totaling $247,850. 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 |
|---|---|---|---|
Amelia Warner President | 10 | $0 | |
Michael Warner Secretary/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,532 |
| Dividends & Interest | $27,876 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,377 |
| Capital Gain Net Income | $33,377 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $253 |
| Total Revenue | $63,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,051 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,512 |
| Total operating and administrative expenses | $11,563 |
| Contributions, gifts, grants paid | $77,125 |
| Total expenses and disbursements | $88,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,374 |
| Savings and temporary cash investments | $118,796 |
| 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 | $836,636 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $991,806 |
| 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, Amelia And Michael Warner Foundation Inc has awarded $77,125 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NC SPINAL CORD INJURY ASSOCIATION PURPOSE: TO CARRY OUT EXEMPT PURPOSE OF ORGANIZATION. | $1,500 |
WAKE FOREST UNIVERSITY - ATHLETICS PURPOSE: TO CARRY OUT EXEMPT PURPOSE OF ORGANIZATION. | $5,125 |
RAVENSCROFT SCHOOL PURPOSE: TO CARRY OUT EXEMPT PURPOSE OF ORGANIZATION. | $50,000 |
PAT CONROY LITERACY CENTER PURPOSE: TO CARRY OUT EXEMPT PURPOSE OF ORGANIZATION. | $15,000 |
WAKE FOREST UNIVERSITY - PRO HUMANITATE SOCIETY PURPOSE: TO CARRY OUT EXEMPT PURPOSE OF ORGANIZATION. | $5,000 |
ALLIANCE FOR A HEALTHIER GENERATION PURPOSE: TO CARRY OUT EXEMPT PURPOSE OF ORGANIZATION. | $500 |