Strowd Roses Inc
- Assets
- $9.3m
- Revenue
- $406.1k
- Investments
- $9.3m
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 56-2241874
Organization Overview
Strowd Roses Inc is located in Chapel Hill, NC. The organization was established in 2001. 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. Strowd Roses 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, Strowd Roses Inc generated $406.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $355.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Strowd Roses Inc has awarded 86 individual grants totaling $622,597. 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
THE FOUNDATION ONLY MAKES CONTRIBUTIONS TO QUALIFIED ORGANIZED CHARITABLE ORGANIZATIONS AND GRANTS EDUCATION-SPECIFIED SCHOLARSHIPS TO SELECT INDIVIDUALS IN FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Pence Program Officer | 6 | $23,100 | |
Lee Storrow Director | 0.5 | $1,500 | |
Kristen Smith Young Director | 0.5 | $1,500 | |
Carol Kelly Director | 0.5 | $1,500 | |
Caroline A Williams Director | 0.5 | $1,500 | |
Nate Davis Director | 0.5 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $244 |
| Interest on Savings | $0 |
| Dividends & Interest | $189,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $216,734 |
| Capital Gain Net Income | $216,734 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $406,135 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,123 |
| Total operating and administrative expenses | $83,390 |
| Contributions, gifts, grants paid | $272,362 |
| Total expenses and disbursements | $355,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,954 |
| 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 | $9,299,234 |
| 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 | $509 |
| Total liabilities | $509 |
Grants Awarded
Over the last fiscal year, Strowd Roses Inc has awarded $272,362 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Carrboro, NC PURPOSE: GENERAL SUPPORT | $53,000 |
Durham, NC PURPOSE: GENERAL SUPPORT | $10,000 |
Chapel Hill, NC PURPOSE: GENERAL SUPPORT | $10,000 |
ORANGE COUNTY RAPE CRISIS CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
HABITAT FOR HUMANITY PURPOSE: GENERAL SUPPORT | $10,000 |
COMPASS CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |