Larry L Prince Family Foundation Inc
- Assets
- $35.6m
- Revenue
- $34.2m
- Investments
- $34.6m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-4584557
Organization Overview
Larry L Prince Family Foundation Inc is located in Atlanta, GA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larry L Prince Family Foundation Inc 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 12/2023, Larry L Prince Family Foundation Inc generated $34.2m in total revenue. All expenses for the organization totaled $277.4k during the year ending 12/2023. While expenses have increased by 25.8% per year over the past 8 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.
Since 2016, Larry L Prince Family Foundation Inc has awarded 54 individual grants totaling $613,500. 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 |
|---|---|---|---|
Larry L Prince Jr Chair, Secretary | 0 | $0 | |
Daniel Lee Hollingsworth III Vice Chair, Secretary | 0 | $0 | |
Larry L Prince Deceased | 0 | $0 | |
Sandra B Prince Deceased | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,528,856 |
| Interest on Savings | $0 |
| Dividends & Interest | $787,292 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,077,800 |
| Capital Gain Net Income | $3,036,952 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,238,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $127,353 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $277,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $999,122 |
| 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 | $35,609,874 |
| 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, Larry L Prince Family Foundation Inc has awarded $150,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA HISTORY CENTER PURPOSE: NOT SPECIFIED | $10,000 |
CHASTAIN PARK CONSERVANCY PURPOSE: NOT SPECIFIED | $10,000 |
CANINE ASSISTANTS PURPOSE: NOT SPECIFIED | $10,000 |
CITY OF REFUGE PURPOSE: NOT SPECIFIED | $10,000 |
FERNBANK MUSEUM PURPOSE: NOT SPECIFIED | $10,000 |
LAKE RABUN FOUNDATION PURPOSE: NOT SPECIFIED | $10,000 |