Strickland Family Foundation
- Assets
- $20.9m
- Revenue
- -$170.0k
- Investments
- $20.6m
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 01/1995
- Data as of
- 07/2023
- EIN
- 56-1900147
Organization Overview
Strickland Family Foundation is located in Winston Salem, NC. The organization was established in 1995. 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. Strickland 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 2022, Strickland Family Foundation has awarded 232 individual grants totaling $2,395,905. 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 |
|---|---|---|---|
Elizabeth M Strickland President | 1 | $0 | |
Robert Em Strickland Vice Pres | 1 | $0 | |
Cynthia S Graham Exec Dir & Sec | 30 | $85,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $321,003 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$491,074 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$170,039 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61,320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,246 |
| Total operating and administrative expenses | $196,575 |
| Contributions, gifts, grants paid | $1,189,900 |
| Total expenses and disbursements | $1,386,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $296,254 |
| 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 | $2,202,873 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,891,323 |
| 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, Strickland Family Foundation has awarded $1,189,900 in support to 113 organizations.
| Grant Recipient | Amount |
|---|---|
WINSTON-SALEM SYMPHONY PURPOSE: ARTS SUPPORT | $2,000 |
UNCSA FOUNDATION INC PURPOSE: ARTS SUPPORT | $7,000 |
WILKES ART GALLERY PURPOSE: ARTS SUPPORT | $2,750 |
SPIRIT GUM THEATRE COMPANY PURPOSE: ARTS SUPPORT | $1,000 |
ARTS COUNCIL (THE) PURPOSE: ARTS SUPPORT | $5,000 |
FORTY STAGE COMPANY PURPOSE: ARTS SUPPORT | $1,000 |