Green Coasts Foundation is located in Chapel Hill, TN. 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. Green Coasts 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 12/2023, Green Coasts Foundation generated $217.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (34.5%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDING FOR IMPROVING THE ENVIRONMENT TO EASE THE PAIN AND SUFFERING OF A COMMUNITY
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $216,000 |
| Interest on Savings | $51 |
| Dividends & Interest | $1,340 |
| 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 | $217,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $16,188 |
| Printing and publications | $0 |
| Other expenses | $2,500 |
| Total operating and administrative expenses | $18,688 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $39,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $482,439 |
| 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 | $713,170 |
| 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, Green Coasts Foundation has awarded $21,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
RAISE THE ROOF ACADEMY PURPOSE: UNRESTRICTED DONATION | $3,000 |
ELEPHANT SANCTUARY TENNESSEE PURPOSE: UNRESTRICTED DONATION | $1,000 |
PACIFIC WHALE FOUNDATION PURPOSE: UNRESTRICTED DONATION | $1,000 |
NASHVILLE WILDLIFE CONSERVATION PURPOSE: UNRESTRICTED DONATION | $7,000 |
THE NATURE CONSERVANCY PURPOSE: UNRESTRICTED DONATION | $1,000 |
WALDENS PUDDLE WILDLIFE REHAB PURPOSE: UNRESTRICTED DONATION | $1,000 |