J B Fuqua Foundation Inc
- Assets
- $42.9m
- Revenue
- $930.9k
- Investments
- $42.3m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/1971
- Data as of
- 12/2021
- EIN
- 23-7122039
Organization Overview
J B Fuqua Foundation Inc is located in Atlanta, GA. The organization was established in 1971. 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. J B Fuqua 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 12/2021, J B Fuqua Foundation Inc generated $930.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, J B Fuqua Foundation Inc has awarded 151 individual grants totaling $6,473,778. 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 |
|---|---|---|---|
J Rex Fuqua President/director | 3 | $0 | |
James A Stanley Secretary/treasurer | 3 | $0 | |
Duvall S Fuqua Director | 3 | $0 | |
Anne Sterchi Executive Director | 30 | $139,470 | |
B Clayton Rolader Vice President/director | 3 | $0 | |
Jennifer Fuqua Director | 3 | $9,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $536,305 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,297 |
| Capital Gain Net Income | $26,297 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $368,331 |
| Total Revenue | $930,933 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $140,263 |
| Other employee salaries and wages | $40,437 |
| Pension plans, employee benefits | $26,485 |
| Interest | $0 |
| Taxes | $20,297 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $973,190 |
| Total operating and administrative expenses | $1,205,672 |
| Contributions, gifts, grants paid | $2,077,440 |
| Total expenses and disbursements | $3,283,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,287 |
| 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 | $42,279,800 |
| Net Land, buildings, and equipment | $45,011 |
| Other assets | $53,403 |
| Total assets | $42,906,501 |
| 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, J B Fuqua Foundation Inc has awarded $2,461,338 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
AG RHODES PURPOSE: A LEGACY OF CARE CAPITAL CAMPAIGN | $50,000 |
ATLANTA BOTANICAL GARDEN PURPOSE: 2022 GARDEN OF EDEN DONATION/CAPITAL IMPROVEMENTS | $512,500 |
3DE PURPOSE: STATE SIGNATURE PARTNER FOR PHASE 2: EXPANDED PILOT | $100,000 |
ATLANTA WEALTH BUILDING INITIATIVE PURPOSE: 1,000 BLACK BUSINESSES IN 1,000 DAYS/STRAT INITIATIVES | $50,000 |
ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERS PURPOSE: CLOSING THE GAP CAMPAIGN | $75,000 |
CENTER FOR THE VISUALLY IMPAIRED PURPOSE: COUNSELING SERVICES FOR CVI REHAB CLIENTS | $25,000 |