Nagrodsky Family Foundation
- Assets
- $7.9m
- Revenue
- $247.5k
- Investments
- $2.2m
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-6666341
Organization Overview
Nagrodsky Family Foundation is located in Charleston, SC. 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. Nagrodsky Family 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, Nagrodsky Family Foundation generated $247.5k in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Nagrodsky Co-Trustee Co-Trustee | 1 | $0 | |
Janine Nagrodsky Co-Trustee Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,123 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $225,391 |
| Capital Gain Net Income | $225,391 |
| Net ST Capital Gain | $225,391 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $247,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $420 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3 |
| Total operating and administrative expenses | $2,248 |
| Contributions, gifts, grants paid | $2,253,000 |
| Total expenses and disbursements | $2,255,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,753,564 |
| 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 | $7,938,380 |
| 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, Nagrodsky Family Foundation has awarded $2,253,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIVITY SCHOOL PURPOSE: CHARITABLE | $1,200,000 |
DIOCESE OF CHARLESTON PURPOSE: CHARITABLE | $1,000,000 |
Charleston, SC PURPOSE: CHARITABLE | $28,000 |
UNIVERSITY OF AL - ENGINEERING CORP PURPOSE: CHARITABLE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Carolina Automobile Dealers Trust Columbia, SC | $615,773 | $12,853,378 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Blake Family Foundation Inc Atlanta, GA | $54,641,915 | $13,537,530 |
St Marys United Methodist Church Foundation Inc Saint Marys, GA | $38,808,441 | $1,300,375 |
Nagrodsky Family Foundation Charleston, SC | $7,938,380 | $247,514 |
R Harold And Patsy Harrison Foundation Inc Brookhaven, GA | $31,730,871 | $2,128,634 |
National Association Of Chapter 13 Trustees Columbia, SC | $849,459 | $1,212,204 |
W O And Ann Powers Foundation Inc Florence, SC | $6,582,081 | $44,065 |
Kauffman Foundation Inc Atlanta, GA | $20,247,630 | $14,268,828 |
Charles A Cannon Charitable Trust No 3 Winstonsalem, NC | $11,245,815 | $429,551 |
Breman Foundation Inc Atlanta, GA | $15,316,218 | $1,852,961 |
The Wlt Foundation Greenville, SC | $9,555,960 | $1,192,806 |