Griffin Family Foundation
- Assets
- $1.2m
- Revenue
- $24.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 56-2114288
Organization Overview
Griffin Family Foundation is located in Greensboro, NC. The organization was established in 1999. 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. Griffin 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.
For the year ending 12/2022, Griffin Family Foundation generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $102.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Griffin Family Foundation has awarded 217 individual grants totaling $583,492. 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 |
|---|---|---|---|
Haynes G Griffin President/treasurer | 0 | $0 | |
Virginia R Griffin Vp/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,409 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $639 |
| Capital Gain Net Income | $639 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,048 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,887 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $25,469 |
| Contributions, gifts, grants paid | $77,159 |
| Total expenses and disbursements | $102,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,642 |
| Savings and temporary cash investments | $3,636 |
| 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 | $1,218,097 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,497 |
| Total assets | $1,246,872 |
| 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, Griffin Family Foundation has awarded $77,159 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER ALLIANCE OF HOPE & HEALTH PALM BEACH PURPOSE: TO SUPPORT THE MISSON STATEMENT TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS TOUCHED BY CANCER. | $2,500 |
CANTERBURY SCHOOL PURPOSE: TO SUPPORT EDUCATION. | $3,000 |
CAROLINA THEATRE PURPOSE: TO SUPPORT THE COMMUNITY WITH ENTERTAINMENT AND OTHER DIVERSE PROGRAMS THROUGH THEATRE. | $500 |
CLEVELAND CLINIC FLORIDA PHILANTHROPY INSTITUTE PURPOSE: TO PROVIDE BETTER CARE OF THE SICK, INVESTIGATION INTO THEIR PROBLEMS AND FURTHER EDUCATION OF THOSE THEY SERVE. | $2,000 |
COMMUNITY THEATRE OF GREENSBORO PURPOSE: TO SUPPORT THE THEATRE IN THE COMMUNITY. | $5,000 |
CRAYONS MATTER PURPOSE: TO SUPPORT THE MISSION STATEMENT TO EDUCATE CHILDREN GLOBALLY AND LOCALLY. | $400 |