Noonan Foundation
- Assets
- $6.3m
- Revenue
- $403.9k
- Investments
- $4.5m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/2006
- Data as of
- 09/2024
- EIN
- 20-5508805
Organization Overview
Noonan Foundation is located in Atlanta, 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. Noonan 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 09/2024, Noonan Foundation generated $403.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $406.1k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Noonan Foundation has awarded 302 individual grants totaling $3,013,251. 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.
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 |
|---|---|---|---|
Thomas E Noonan Trustee | 1 | $0 | |
Kimbrough P Noonan Distribution Committee | 1 | $0 | |
Christopher B Noonan Distribution Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $297,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,485 |
| Capital Gain Net Income | $124,485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$17,722 |
| Total Revenue | $403,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $24,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,044 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $46,004 |
| Contributions, gifts, grants paid | $360,078 |
| Total expenses and disbursements | $406,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,857,825 |
| 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 | $4,450,034 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $956 |
| Total assets | $6,308,815 |
| 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, Noonan Foundation has awarded $360,078 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: UNRESTRICTED | $2,500 |
CHILDRENS HEALTHCARE OF ATLANTA PURPOSE: UNRESTRICTED | $20,000 |
BENS PURPOSE: UNRESTRICTED | $5,000 |
ATO FOUNDATION PURPOSE: UNRESTRICTED | $10,000 |
ANDEE'S ARMY PURPOSE: UNRESTRICTED | $2,500 |
CHRIST EPISCOPAL CHURCH PURPOSE: UNRESTRICTED | $3,000 |