Fanz Foundation
- Assets
- $4.1m
- Revenue
- $127.6k
- Investments
- $3.6m
- Employees
- 0
- Location
- Lilburn, GA
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 26-1286823
Organization Overview
Fanz Foundation is located in Lilburn, GA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fanz 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 12/2023, Fanz Foundation generated $127.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $343.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fanz Foundation has awarded 36 individual grants totaling $1,042,725. 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 |
|---|---|---|---|
Cheryl Hartman President | 4 | $12,000 | |
Carol Hartman Treasurer | 4 | $12,000 | |
Chad Haywood At Large | 4 | $12,000 | |
Lane Cotton Winn Donor Liason | 4 | $12,000 | |
Nathan Haywood Secretary | 4 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $127,594 |
| 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 | $2 |
| Total Revenue | $127,596 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| 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 | $3,085 |
| Total operating and administrative expenses | $104,169 |
| Contributions, gifts, grants paid | $239,225 |
| Total expenses and disbursements | $343,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,390 |
| Savings and temporary cash investments | $551,796 |
| 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 | $2,815,355 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,131,362 |
| 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, Fanz Foundation has awarded $239,225 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AGNES SCOTT PURPOSE: SCHOLARSHIPS - GRAD & UNDERGRAD | $75,000 |
AMANI WOMEN CENTER PURPOSE: EDUCATE AFRICAN WOMEN IN SERVING SKILLS | $3,000 |
GROWTH THROUGH LEARNING PURPOSE: MULTI COUNTRY HIGH SCHOOL ED GRANTS | $15,000 |
CENTER FOR PUPPETTY ARTS PURPOSE: EDCATION PROGRAMS | $0 |
KENT STATE UNIVERSITY PURPOSE: SCHOLARSHIPS - GRAD & UNDERGRAD | $0 |
MULTI AGENCY ALLIANCE CHILDREN PURPOSE: FOSTER CHILDREN TUITION PROGRAM | $10,000 |