George W Andrews Charitable Foundation Inc
- Assets
- $394.3k
- Revenue
- $69.1k
- Investments
- $383.8k
- Employees
- 0
- Location
- Union, KY
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 27-2236905
Organization Overview
George W Andrews Charitable Foundation Inc is located in Union, KY. The organization was established in 2010. 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. George W Andrews Charitable 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 12/2022, George W Andrews Charitable Foundation Inc generated $69.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $47.8k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George W Andrews Charitable Foundation Inc has awarded 11 individual grants totaling $105,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Andrews Director | 1 | $0 | |
Jeffrey W Andrews Director | 1 | $0 | |
Judy Andrews Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,053 |
| Capital Gain Net Income | $67,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,261 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,585 |
| Total operating and administrative expenses | $12,806 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $47,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,555 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $394,329 |
| 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, George W Andrews Charitable Foundation Inc has awarded $35,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL SLOAN KETTERING PURPOSE: PROGRAM SUPPORT | $10,000 |
AMIGOS FOR CHRIST PURPOSE: PROGRAM SUPPORT | $10,000 |
FISH OF SANIBEL & CAPTIVA PURPOSE: PROGRAM SUPPORT | $10,000 |
SHE ROCKS THE TRIAD PURPOSE: PROGRAM SUPPORT | $5,000 |