J B And Lottie Harris Foundation is located in Atlanta, GA. The organization was established in 2020. 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. J B And Lottie Harris 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, J B And Lottie Harris Foundation generated $41.9k 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 (36.2%) each year. All expenses for the organization totaled $192.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, J B And Lottie Harris Foundation has awarded 68 individual grants totaling $600,400. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SERVICES AND SCHOLARSHIP
HEALTHCARE AND OTHER HUMANITARIAN ASSISTANCE
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,883 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,132 |
| 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 | $1,228 |
| Total operating and administrative expenses | $65,897 |
| Contributions, gifts, grants paid | $126,500 |
| Total expenses and disbursements | $192,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,556 |
| Savings and temporary cash investments | $2,407,411 |
| 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 | $2,496,967 |
| 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 |
Over the last fiscal year, J B And Lottie Harris Foundation has awarded $126,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN EDUCATION FOUNDATION PURPOSE: FUNDRAISING PLATFORM FOR EQUITABLE EDUCATION | $5,000 |
THE OSHUN CHARITABLE ORGANIZATION PURPOSE: HEALTH AWARENESS OVARIAN CANCER | $1,000 |
METRO ATLANTA ALUMNI PHI BETA KAPPA PURPOSE: HUMANITARIAN-MEMBER CAREER SUPPORT NETWORKING | $2,500 |
THE GEORGIA INNOCENCE PROJECT PURPOSE: DONATION-LEGAL ASSISTANCE FOR INNOCENT INCACERATED | $10,000 |
COVENANT HOUSE PURPOSE: HUMANITARIAN ASSISTANCE | $5,500 |
SECOND BAPTIST CHURCH PURPOSE: WORSHIP FELLOWSHIP DISCIPLESHIP MINISTRY | $17,500 |