G And G Family Foundation
- Assets
- $1.4m
- Revenue
- -$12.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 07/2011
- Data as of
- 12/2022
- EIN
- 45-2094500
Organization Overview
G And G Family Foundation is located in Charlotte, NC. The organization was established in 2011. 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. G And G 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.
Since 2018, G And G Family Foundation has awarded 28 individual grants totaling $722,333. 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 |
|---|---|---|---|
Graeme M Keith Co Trustee | 1 | $0 | |
Gloria D Keith C0 Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,698 |
| Dividends & Interest | $15,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$35,798 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$12,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $716 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $27,011 |
| Contributions, gifts, grants paid | $128,000 |
| Total expenses and disbursements | $155,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $166,390 |
| 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 | $1,424,951 |
| 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, G And G Family Foundation has awarded $128,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF CENTRAL CAROLINAS PURPOSE: GENERAL PURPOSES | $10,000 |
ALEXANDER YOUTH NETWORK PURPOSE: GENERAL PURPOSES | $5,000 |
YOUTH COMMISSION INTERNATIONAL PURPOSE: EAGLE AWARDS CELEBRATION | $30,000 |
BILLY GRAHAM EVANGELISTIC PURPOSE: BILLY GRAHAM ARCHIVE AND RESEARCH CENTER | $50,000 |
GREATER ENRICHMENT PROGRAM INC PURPOSE: GENERAL PURPOSE | $2,000 |
WITH OPEN EYES FOUNDATION INC PURPOSE: GENERAL PURPOSES | $5,000 |