Stronge Family Foundation
- Assets
- $1.7m
- Revenue
- $143.8k
- Investments
- $1.7m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 41-2023746
Organization Overview
Stronge Family Foundation is located in Greenville, SC. The organization was established in 2002. 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. Stronge 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, Stronge Family Foundation generated $143.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $140.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stronge Family Foundation has awarded 145 individual grants totaling $496,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlene Stronge Director | 1 | $2,000 | |
Laura Stronge Vice President | 1 | $2,000 | |
Elizabeth Poupore President | 1 | $2,000 | |
William Stronge Director | 1 | $1,415 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,406 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,014 |
| Capital Gain Net Income | $117,014 |
| Net ST Capital Gain | $14,729 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $362 |
| Total Revenue | $143,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,415 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,702 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $27,184 |
| Contributions, gifts, grants paid | $113,000 |
| Total expenses and disbursements | $140,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,386 |
| 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 | $1,692,359 |
| 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, Stronge Family Foundation has awarded $113,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
HARVEST HOPE FOOD BANK PURPOSE: SOCIAL SERVICES | $13,000 |
A CHILD'S HAVEN PURPOSE: SOCIAL SERVICES | $11,000 |
ST MARY OF THE LAKE PURPOSE: SOCIAL SERVICES | $10,000 |
Lowell, MA PURPOSE: SOCIAL SERVICES | $10,000 |
WHITE BEAR EMERGENCY FOOD SHELF PURPOSE: SOCIAL SERVICES | $8,000 |
CROHN'S & COLITIS FOUNDATION PURPOSE: SOCIAL SERVICES | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Darla Moore And Richard Rainwater Foundation Lake City, SC | $538,432,800 | $34,322,461 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |