Twilley Family Foundation
- Assets
- $1.2m
- Revenue
- $289.1k
- Investments
- $780.4k
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- Data as of
- 12/2022
- EIN
- 85-4284154
Organization Overview
Twilley Family Foundation is located in Greensboro, NC. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Twilley 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 12/2022, Twilley Family Foundation generated $289.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.5% each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS MADE TO IRC 501(C)3 CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne H Twilley President | 0 | $0 | |
Michael E Twilley Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,666 |
| Interest on Savings | $2,659 |
| Dividends & Interest | $15,390 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,128 |
| Capital Gain Net Income | $110 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $217 |
| Total Revenue | $289,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,003 |
| Contributions, gifts, grants paid | $48,000 |
| Total expenses and disbursements | $56,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,848 |
| 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 | $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 | $1,239,278 |
| 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, Twilley Family Foundation has awarded $48,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
SEARCH MINISTRIES PURPOSE: MINISTRY FOR ADULTS FAITH JOURNEY | $1,000 |
OLIVIA STRONG FOUNDATION PURPOSE: GENERAL PROGRAM SUPPORT | $1,000 |
COLLIER COMMUNITY FOUNDATION PURPOSE: ASSISTANCE FOR HURRICANE IAN | $2,000 |
BILLION OYSTER PROJECT PURPOSE: RESEARCH SUPPORT | $1,000 |
CANTERBURY SCHOOL PURPOSE: STUDENT ENHANCEMENT SUPPORT | $5,000 |
HABITAT FOR HUMANITY OF GREATER GRE PURPOSE: GENERAL PROGRAM SUPPORT | $1,000 |