Time Warner Foundation Inc
- Assets
- $0.0
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 54-1886827
Organization Overview
Time Warner Foundation Inc is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Time Warner 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 12/2021, Time Warner Foundation Inc generated $1.3k 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 (70.3%) each year. All expenses for the organization totaled $334.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Time Warner Foundation Inc has awarded 126 individual grants totaling $11,816,632. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mokihana Gushi Vice President | 0.12 | $0 | |
Dennis Williams Sr Vice President & Director | 0.12 | $0 | |
Betsy Holland Treasurer | 0.12 | $0 | |
Stacy Roth Asst Treasurer | 0.12 | $0 | |
Charles Mostella Asst Treasurer | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,325 |
| Dividends & Interest | $0 |
| 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 | $1,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,018 |
| Total operating and administrative expenses | $2,018 |
| Contributions, gifts, grants paid | $332,298 |
| Total expenses and disbursements | $334,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Time Warner Foundation Inc has awarded $332,298 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $78,358 |
New York, NY PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $50,000 |
New York, NY PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $50,000 |
New York, NY PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $50,000 |
HISPANIC FEDERATION PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $50,000 |
Gardena, CA PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $28,940 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |