Slick Family Foundation
- Assets
- $13.6m
- Revenue
- $3.5m
- Investments
- $12.4m
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 04/1997
- Data as of
- 12/2021
- EIN
- 31-1500854
Organization Overview
Slick Family Foundation is located in Winstonsalem, NC. The organization was established in 1997. 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. Slick 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 12/2021, Slick Family Foundation generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 67.4% each year . All expenses for the organization totaled $873.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Slick Family Foundation has awarded 79 individual grants totaling $3,737,137. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn C Ives Vice President/director | 20 | $139,502 | |
Michelle P Cowell Vice President/director | 10 | $73,660 | |
Phyllis S Cowell President/director | 1 | $0 | |
Dana W Howard Secretary/treasurer | 8 | $0 | |
Steven L Wallen Investment Manager/directo | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Slick Enterprises | 12/30/21 | $301,811 |
Morgan Stanley Smith Barney | 12/30/21 | $60,386 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,378,935 |
| Interest on Savings | $0 |
| Dividends & Interest | $387,387 |
| Net Rental Income | $15,357 |
| Net Gain on Sale of Assets | $1,687,688 |
| Capital Gain Net Income | $1,687,688 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,063 |
| Total Revenue | $3,500,173 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $213,162 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $47,037 |
| Interest | $0 |
| Taxes | $39,782 |
| Depreciation | $7,243 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,531 |
| Total operating and administrative expenses | $687,754 |
| Contributions, gifts, grants paid | $185,842 |
| Total expenses and disbursements | $873,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,006,203 |
| Net Accounts receivable | $15,268 |
| 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 | $189,808 |
| Investments—mortgage loans | $0 |
| Investments—other | $494,536 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,639,885 |
| 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 | $2,149 |
| Total liabilities | $2,149 |
Grants Awarded
Over the last fiscal year, Slick Family Foundation has awarded $185,842 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: FACILITY UPGRADE | $99,841 |
Rocky Mount, NC PURPOSE: GENERAL OPERATION | $65,001 |
MAMA HILLS HELP PURPOSE: GENERAL OPERATION | $15,000 |
FUN RUN FOR CHARITIES- NORTH CAROLINA COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATION | $5,000 |
BERMUDA RUN CARES PURPOSE: GENERAL OPERATION | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Slick Family Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
North Carolina Coastal Land Trust Wilmington, NC PURPOSE: CONSERVATION EDUCATI | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |