Pharos Foundation
- Assets
- $41.0m
- Revenue
- $1.2m
- Investments
- $33.3m
- Employees
- 0
- Location
- Jackson, WY
- Founding
- 01/2013
- Data as of
- 12/2022
- EIN
- 46-1127429
Organization Overview
Pharos Foundation is located in Jackson, WY. The organization was established in 2013. 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. Pharos 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 12/2022, Pharos Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (51.7%) each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pharos Foundation has awarded 118 individual grants totaling $13,149,988. 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 |
|---|---|---|---|
George R Harris President | 25 | $230,000 | |
Phoebe Moffat Secretary | 3 | $45,000 | |
Suzanne Harris Treasurer | 2 | $45,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $340 |
| Interest on Savings | $2,411 |
| Dividends & Interest | $1,033,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,753 |
| Capital Gain Net Income | $127,753 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,163,661 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $320,000 |
| Other employee salaries and wages | $204,980 |
| Pension plans, employee benefits | $44,149 |
| Interest | $0 |
| Taxes | $65,843 |
| Depreciation | $6,180 |
| Occupancy | $14,223 |
| Travel, conferences, and meetings | $53,900 |
| Printing and publications | $0 |
| Other expenses | $4,759 |
| Total operating and administrative expenses | $896,993 |
| Contributions, gifts, grants paid | $5,718,376 |
| Total expenses and disbursements | $6,615,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $637,323 |
| Savings and temporary cash investments | $7,008,832 |
| 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 | $232 |
| 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 | $55,618 |
| Other assets | $0 |
| Total assets | $41,001,053 |
| 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, Pharos Foundation has awarded $5,718,376 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ALIENTO EDUCATION FUND PURPOSE: GENERAL CHARITABLE SUPPORT | $150,000 |
ALL IN EDUCATION PURPOSE: GENERAL CHARITABLE SUPPORT | $250,000 |
ARIZONA COMMUNITY FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT | $25,000 |
ARIZONA LATINO LEADERS IN EDUCATION PURPOSE: GENERAL CHARITABLE SUPPORT | $125,000 |
DESERT BOTANICAL GARDEN PURPOSE: GENERAL CHARITABLE SUPPORT | $10,000 |
ARIZONA LEADS PURPOSE: GENERAL CHARITABLE SUPPORT | $500,000 |