Furr Foundation
- Assets
- $0.0
- Revenue
- $1.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 03/1998
- Data as of
- 10/2022
- EIN
- 56-2066688
Organization Overview
Furr Foundation is located in Chapel Hill, NC. The organization was established in 1998. 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. Furr 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 10/2022, Furr Foundation generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (72.8%) each year. All expenses for the organization totaled $182.4k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Furr Foundation has awarded 51 individual grants totaling $214,369. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William P Furr President/treasurer | 1 | $0 | |
Emily R Furr Exec Vp/secretary | 1 | $0 | |
Thomas Furr Vice President | 1 | $0 | |
Laura Furr Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,873 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,206 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $295 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,074 |
| Total operating and administrative expenses | $15,119 |
| Contributions, gifts, grants paid | $167,301 |
| Total expenses and disbursements | $182,420 |
| 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, Furr Foundation has awarded $167,301 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ECU EDUCTION FOUNDATION PURPOSE: TO FURTHER THE MISSION OF THE TAX EXEMPT ORGANIZATION | $160,751 |
PORCH PURPOSE: TO FURTHER THE MISSION OF THE TAX EXEMPT ORGANIZATION | $300 |
UNC HEALTHCARE FOUNDATION PURPOSE: TO FURTHER THE MISSION OF THE TAX EXEMPT ORGANIZATION | $100 |
CEDARS SCHOLARSHIP FUND PURPOSE: TO FURTHER THE MISSION OF THE TAX EXEMPT ORGANIZATION | $2,750 |
GOODFELLOWS PURPOSE: TO FURTHER THE MISSION OF THE TAX EXEMPT ORGANIZATION | $200 |
ACTBLUE PURPOSE: TO FURTHER THE MISSION OF THE TAX EXEMPT ORGANIZATION | $250 |