George 4 Foundation Inc is located in Tampa, FL. 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. George 4 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, George 4 Foundation Inc generated $66.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (43.5%) each year. All expenses for the organization totaled $61.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (44.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGE4 FOUNDATION IS PRIMARILY FOCUSED ON THE EDUCATION AND WELFARE OF OUR YOUTH, THROUGH SUPPORTING PEDIATRIC MEDICAL RESEARCH INITIATIVES AS WELL AS UPLIFTING UNDERPRIVILEGED AND MINORITY FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Steinbrenner IV President & | 10 | $0 | |
Julia Steinbrenner Executive Di | 20 | $0 | |
Wyatt Messinger Treasurer | 1 | $0 | |
Joan Hanley Secretary | 1 | $0 | |
Sean Jones Director | 1 | $0 | |
Phil Grove Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $66,903 |
Interest on Savings | $5 |
Dividends & Interest | $0 |
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 | $66,908 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $565 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $26,094 |
Total operating and administrative expenses | $26,659 |
Contributions, gifts, grants paid | $35,000 |
Total expenses and disbursements | $61,659 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,190 |
Savings and temporary cash investments | $0 |
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 | $6,924 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $260 |
Total assets | $16,374 |
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 | $48,758 |
Total liabilities | $48,758 |
Over the last fiscal year, George 4 Foundation Inc has awarded $35,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
GLEANERS FOOD BANK OF INDIANA INC PURPOSE: OPERATING EXPENSES | $10,000 |
KNOT TODAY PURPOSE: OPERATING EXPENSES | $5,000 |
RILEY CHILDREN'S FOUNDATION PURPOSE: OPERATING EXPENSES | $20,000 |