George W Strickland Jr Foundationinc
- Assets
- $26.2m
- Revenue
- $777.5k
- Investments
- $24.5m
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-3896627
Organization Overview
George W Strickland Jr Foundationinc is located in Valdosta, GA. The organization was established in 2006. 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 W Strickland Jr Foundationinc 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 W Strickland Jr Foundationinc generated $777.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, George W Strickland Jr Foundationinc has awarded 136 individual grants totaling $9,960,690. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Strickland Vice President | 10 | $50,000 | |
J Wendell Godbee President | 10 | $50,000 | |
Sharon Deloach Secretary/treasurer | 10 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $645,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,543 |
| Capital Gain Net Income | $15,543 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $116,632 |
| Total Revenue | $777,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,171 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $373,666 |
| Contributions, gifts, grants paid | $3,252,391 |
| Total expenses and disbursements | $3,626,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,673,351 |
| 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 | $56,900 |
| Other assets | $0 |
| Total assets | $26,198,506 |
| 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 | $46,270 |
| Total liabilities | $46,270 |
Grants Awarded
Over the last fiscal year, George W Strickland Jr Foundationinc has awarded $2,029,636 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS & CULTURAL AUTHORITY OF CLAXTON AND EVANS COUNTY PURPOSE: GENERAL FUND | $557,602 |
BOYS AND GIRLS CLUB PURPOSE: GENERAL FUND | $30,000 |
BREWTON CEMETERY PURPOSE: GENERAL FUND | $15,000 |
BREWTON-PARKER COLLEGE PURPOSE: GENERAL FUND | $100,000 |
CARES PURPOSE: GENERAL FUND | $1,500 |
CAMP ROCK OF GEORGIA INC PURPOSE: GENERAL FUND | $2,500 |