Joanne Cross Coon Foundation
- Assets
- $339.4k
- Revenue
- $18.2k
- Investments
- $300.0k
- Employees
- 0
- Location
- Waynesville, NC
- Founding
- 11/1981
- Data as of
- 09/2023
- EIN
- 38-2359335
Organization Overview
Joanne Cross Coon Foundation is located in Waynesville, NC. The organization was established in 1981. 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. Joanne Cross Coon 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 09/2023, Joanne Cross Coon Foundation generated $18.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $23.0k during the year ending 09/2023. While expenses have increased by 5.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia A Markoff President | 1 | $0 | |
Max Andrew Coon Vice Preside | 1 | $0 | |
Hayley Coon Treasurer | 1 | $0 | |
David Markoff Secretary | 1 | $0 | |
Patricia A Markoff Director | 1 | $0 | |
Max Andrew Coon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $198 |
| Dividends & Interest | $18,000 |
| 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 | $0 |
| Total Revenue | $18,198 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $251 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,001 |
| Contributions, gifts, grants paid | $22,000 |
| Total expenses and disbursements | $23,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,441 |
| 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 | $300,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $339,441 |
| 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, Joanne Cross Coon Foundation has awarded $22,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA SEVENTH-DAY ADVENTIST CONF PURPOSE: GYM REPAIR & PLAYGROUND | $10,000 |
TRI-CITY ACADEMY PURPOSE: SPORTS FIELD IMPROVEMENT | $5,000 |
VIENNA ADVENTIST ACADEMY PURPOSE: READING BOOKS | $2,000 |
ROCKY KNOLL SCHOOL PURPOSE: TECHNOLOGY GRANT | $5,000 |