E Craig Coats Jr And Christines Coats Foundation Inc
- Assets
- $536.7k
- Revenue
- $142.6k
- Investments
- $353.8k
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 01/1981
- Data as of
- 09/2021
- EIN
- 13-3047572
Organization Overview
E Craig Coats Jr And Christines Coats Foundation Inc is located in West Palm Beach, FL. The organization was established in 1981. 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. E Craig Coats Jr And Christines Coats 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 09/2021, E Craig Coats Jr And Christines Coats Foundation Inc generated $142.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $65.3k during the year ending 09/2021. While expenses have increased by 12.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, E Craig Coats Jr And Christines Coats Foundation Inc has awarded 240 individual grants totaling $336,475. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Craig Coats Jr President | 25 | $0 | |
Christine Coats Sect/dir | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $112,000 |
| Interest on Savings | $13 |
| Dividends & Interest | $25,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,598 |
| Capital Gain Net Income | $4,598 |
| Net ST Capital Gain | $7,153 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,601 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $619 |
| Total operating and administrative expenses | $15,220 |
| Contributions, gifts, grants paid | $50,100 |
| Total expenses and disbursements | $65,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,896 |
| Savings and temporary cash investments | $180,066 |
| 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 | $536,727 |
| 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, E Craig Coats Jr And Christines Coats Foundation Inc has awarded $50,100 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
YALE NEW HAVEN HOSPITAL PURPOSE: SAME | $10,000 |
BOSTON COLLEGE SCHOLARSHIP FD PURPOSE: SAME | $10,000 |
E CRAIG COATS MD FUND PURPOSE: SAME | $10,000 |
MICHAEL J FOX FOUNDATION PURPOSE: SAME | $5,000 |
Weston, CT PURPOSE: SAME | $3,000 |
SOVEREIGN ORDER OF MALTA PURPOSE: TO AID DONEE ORG.IN CARRYING OUTTHEIR EXEMPT | $1,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Daniel E Offutt Iii Charitable Tr Sarasota, FL | $1,076,359 | $6,500,161 |
BBVA Foundation Birmingham, AL | $0 | $7,925,433 |
E G Watkins Family Foundation West Palm Beach, FL | $3,784,813 | $11,500,184 |
The Anita James Rosen Foundation Inc St Petersburg, FL | $5,834,282 | $31,742 |
Peterffy Foundation West Palm Beach, FL | $132,920,946 | $11,657,366 |