Robert B Taylor Iii Foundation
- Assets
- $673.2k
- Revenue
- $40.5k
- Investments
- $598.4k
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 02/1999
- Data as of
- 12/2021
- EIN
- 56-2075719
Organization Overview
Robert B Taylor Iii Foundation is located in Greensboro, NC. The organization was established in 1999. 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. Robert B Taylor Iii 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 12/2021, Robert B Taylor Iii Foundation generated $40.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $26.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert B Taylor Iii Foundation has awarded 105 individual grants totaling $178,490. 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 |
|---|---|---|---|
Rebecca W Taylor President | 0 | $0 | |
Joseph W Taylor Secretary | 0 | $0 | |
Robert B Taylor Jr Treasurer | 2 | $0 | |
Rosalind M Taylor Director | 0 | $0 | |
David D Taylor Director | 0 | $0 | |
Elizabeth C Taylor Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,699 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,804 |
| Capital Gain Net Income | $33,804 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $34 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,992 |
| Contributions, gifts, grants paid | $21,040 |
| Total expenses and disbursements | $26,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,799 |
| 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 | $673,212 |
| 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, Robert B Taylor Iii Foundation has awarded $21,040 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
INTERACTIVE RESOURCE CENTER PURPOSE: TO SUPPOPRT ORGANIZATION OPERATIONS | $3,000 |
CRISIS ASSISTANCE PURPOSE: TO SUPPORT THE MISSION OF CRISIS ASSISTANCE MINISTRY IN MECKLENBURG COUNTY TO PROVIDE THE WORKING POOR WITH EMERGENCY RENT AND UTILITY ASSISTANCE, CLOTHING, HOUSEHOLD GOODS, AND FURNITURE. | $2,500 |
SALVATION ARMY PURPOSE: TO SUPPORT THE MISSION OF THE SALVATION ARMY TO PREACH THE GOSPEL OF JESUS CHRIST AND TO MEET HUMAN NEEDS IN HIS NAME WITHOUT DISCRIMINATION. | $2,000 |
AUTHORACARE COLLECTIVE BEACON PLACE PURPOSE: 2021 SUPPORT | $2,000 |
HOPE ACADEMY PURPOSE: TO SUPPORT THE MISSION OF HOPE ACADEMY TO EDUCATE, ENCOURAGE AND EQUIP GLENWOOD YOUTH IN ORDER TO TRANFORM THEIR FUTURE THROUGH THE HOPE AND POWER OF CHRIST AND THE INFLUENCE OF POSITIVE RELATIONSHIPS. | $2,000 |
CAMP BLUE SKIES PURPOSE: TO SUPPORT THE MISSION OF CAMP BLUE SKIES TO ENHANCE THE LIVES OF ADULTS WITH INTELLECTUAL DISABILITIES BY PROVIDING OPPORTUNITIES FOR LIFE SKILLS EDUCATION THROUGH RECREATION AND SOCIALIZATION. | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Williams Brice Edwards Charitable Trust Sumter, SC | $57,951,375 | $6,028,487 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |