Robert Sheft And Hope Gittis Sheft Foundation
- Assets
- $2.5m
- Revenue
- $529.3k
- Investments
- $2.5m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/2008
- Data as of
- 12/2021
- EIN
- 25-6912420
Organization Overview
Robert Sheft And Hope Gittis Sheft Foundation is located in Atlanta, GA. The organization was established in 2008. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Robert Sheft And Hope Gittis Sheft 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 12/2021, Robert Sheft And Hope Gittis Sheft Foundation generated $529.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $300.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robert Sheft And Hope Gittis Sheft Foundation has awarded 99 individual grants totaling $2,504,045. 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 |
|---|---|---|---|
Robert Sheft Trustee | 0 | $0 | |
Hope Sheft Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $334,158 |
| Interest on Savings | $15 |
| Dividends & Interest | $121,993 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,102 |
| Capital Gain Net Income | $73,102 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $529,268 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69 |
| Total operating and administrative expenses | $11,655 |
| Contributions, gifts, grants paid | $288,729 |
| Total expenses and disbursements | $300,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $11,506 |
| 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 | $2,501,224 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,512,729 |
| 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, Robert Sheft And Hope Gittis Sheft Foundation has awarded $288,729 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
YOUTH RENEWAL FUND PURPOSE: SUPPORT AND CREATE SCHOOLS FOR ISRAELI CHILDREN | $101,800 |
Jupiter, FL PURPOSE: BUILDING FUND | $71,429 |
GRADY HEALTH FOUNDATION PURPOSE: SUPPORT OPERATIONS | $50,000 |
Atlanta, GA PURPOSE: SUPPORT OPERATIONS | $25,000 |
GEORGIA INNOCENCE PROJECT PURPOSE: SUPPORT OPERATIONS | $10,000 |
TEMPLE SINAI PURPOSE: SUPPORT OPERATIONS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Bankers Association Group Benefits Trust Orlando, FL | $33,617,508 | $79,896,107 |
Lettie Pate Whitehead Foundation Inc Atlanta, GA | $545,577,272 | $201,098,940 |
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
South Carolina Automobile Dealers Trust Columbia, SC | $615,773 | $12,853,378 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |