George Family Foundation
- Assets
- $673.6k
- Revenue
- $107.1k
- Investments
- $601.6k
- Employees
- 0
- Location
- Springdale, AR
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-3917770
Organization Overview
George Family Foundation is located in Springdale, AR. The organization was established in 2006. According to its NTEE Classification (T21) the organization is classified as: Corporate 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 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, George Family Foundation generated $107.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $97.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George Family Foundation has awarded 15 individual grants totaling $333,857. 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 |
|---|---|---|---|
Gary George Director | 0.5 | $0 | |
Mary Kathryn Brown Director | 0.5 | $0 | |
Julie Swope Director | 0.5 | $0 | |
Carl George Director | 0.5 | $0 | |
Charles George Director | 0.5 | $0 | |
Robin George Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $82,870 |
| Interest on Savings | $135 |
| Dividends & Interest | $24,046 |
| 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 | $107,051 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $330 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $330 |
| Contributions, gifts, grants paid | $97,359 |
| Total expenses and disbursements | $97,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,963 |
| 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 | $673,592 |
| 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, George Family Foundation has awarded $97,359 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CRYSTAL BRIDGES MUSEUM OF AMERICAN ART INC PURPOSE: SUPPORT OF THE MUSEUM'S MISSION, EXHIBITIONS, PROGRAMS AND TRAILS AND GROUNDS. | $10,000 |
FELLOWSHIP BIBLE CHURCH NWA PURPOSE: SUPPORT OF RELIGIOUS MINISTRIES. | $15,106 |
RAZORBACK FOUNDATION INC PURPOSE: SUPPORT OF THE FOUNDATION'S MISSION, SCHOLARSHIPS, FACILITIES AND VARIOUS PROGRAMS FOR STUDENT ATHLETES. | $51,670 |
THE CLEVELAND CLINIC FOUNDATION PURPOSE: SUPPORT OF CARDIOVASCULAR RESEARCH. | $20,583 |