R Harold And Patsy Harrison Foundation Inc is located in Brookhaven, GA. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. R Harold And Patsy Harrison 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, R Harold And Patsy Harrison Foundation Inc generated $832.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, R Harold And Patsy Harrison Foundation Inc has awarded 23 individual grants totaling $10,324,878. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobbie Ann Reynolds Director | 20 | $100,000 | |
Raymond H Reynolds Jr Director | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $686,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $146,055 |
| Capital Gain Net Income | $146,055 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $832,111 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,650 |
| Interest | $0 |
| Taxes | $20,472 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,295 |
| Total operating and administrative expenses | $324,059 |
| Contributions, gifts, grants paid | $1,753,333 |
| Total expenses and disbursements | $2,077,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,714 |
| Savings and temporary cash investments | $2,565,802 |
| Net Accounts receivable | $21,137 |
| 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 | $1,018,856 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,412 |
| Total assets | $30,485,583 |
| 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 | $2,523 |
| Total liabilities | $2,523 |
Over the last fiscal year, R Harold And Patsy Harrison Foundation Inc has awarded $4,079,999 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA COMMUNITY FOOD BANK PURPOSE: UNRESTRICTED FOR FOOD SUPPORT | $250,000 |
EMORY UNIVERSITY PURPOSE: BRAIN HEALTH | $200,000 |
GEORGIA TECH FOUNDATION INC PURPOSE: ATRP STUDENT INTERNSHIPS AND FACULTY FELLOWSHIP | $360,000 |
UGA FOUNDATION PURPOSE: NEW BUILDING SUPPORT AND CHAIR ENDOWMENT/OPERATION | $643,333 |
CARILLON BEACH INSTITUTE PURPOSE: CHAPEL/MEETING HOUSE RENOVATION | $50,000 |
SW FLORIDA COMMUNITY FOUNDATIONCOLLABORATORY PURPOSE: HURRICAN RELIEF AND RECOVERY | $250,000 |