Cavert Family Foundation
- Assets
- $1.0m
- Revenue
- $67.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- St Simons Island, GA
- Founding
- 09/2008
- Data as of
- 12/2022
- EIN
- 26-2000065
Organization Overview
Cavert Family Foundation is located in St Simons Island, GA. The organization was established in 2008. 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. Cavert 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, Cavert Family Foundation generated $67.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $60.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cavert Family Foundation has awarded 65 individual grants totaling $418,255. 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 |
|---|---|---|---|
Grace Nelson Trustee | 0.25 | $0 | |
Ellen Mccaffrey Trustee | 1 | $0 | |
Ellen Gould Trustee | 0.25 | $0 | |
Nan Ellen Nelson Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,879 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,204 |
| Capital Gain Net Income | $55,204 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,083 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,147 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,085 |
| Total operating and administrative expenses | $11,732 |
| Contributions, gifts, grants paid | $48,651 |
| Total expenses and disbursements | $60,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,928 |
| 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 | $1,046,112 |
| 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, Cavert Family Foundation has awarded $48,651 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG LIVES PURPOSE: GENERAL FUND | $1,000 |
FCA GOLDEN BLES PURPOSE: GENERAL DISCRETIONARY | $1,000 |
SAFE HARBOR PURPOSE: GENERAL DISCRETIONARY | $500 |
CITY RESCUE MISSION PURPOSE: GENERAL FUND | $1,000 |
PROJECT MERCY PURPOSE: GENERAL FUND | $1,500 |
THE INTERNATIONAL FOUNDATION PURPOSE: GENERAL FUND | $39,251 |