Robert P Holding Foundation Inc
- Assets
- $2.1m
- Revenue
- $5.3m
- Investments
- $1.7m
- Employees
- 0
- Location
- Smithfield, NC
- Founding
- 05/1958
- Data as of
- 12/2022
- EIN
- 56-6044205
Organization Overview
Robert P Holding Foundation Inc is located in Smithfield, NC. The organization was established in 1958. 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 the central organization for a national or regional group of organizations. Robert P Holding Foundation 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 12/2022, Robert P Holding Foundation Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert P Holding Foundation Inc has awarded 323 individual grants totaling $13,708,371. 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 |
|---|---|---|---|
Frank B Holding Jr President | 0.5 | $0 | |
Carmen H Ames Vice President | 0.5 | $0 | |
Judith Murray Secretary | 0.5 | $0 | |
Hope H Bryant Asst. Treas/sec | 0.5 | $0 | |
Olivia B Holding Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $208,401 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,105,747 |
| Capital Gain Net Income | $5,105,747 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,314,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,127 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,353 |
| Total operating and administrative expenses | $29,136 |
| Contributions, gifts, grants paid | $2,900,140 |
| Total expenses and disbursements | $2,929,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,987 |
| 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 | $2,131,922 |
| 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 P Holding Foundation Inc has awarded $2,900,140 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
BERTIE COUNTY HIVE HOUSE PURPOSE: GENERAL SUPPORT | $10,000 |
BOYS & GIRLS CLUB - WAKE COUNTY PURPOSE: GENERAL SUPPORT | $5,000 |
BOYS & GIRLS CLUB OF THE COASTAL PLAIN PURPOSE: GENERAL SUPPORT | $75,000 |
CAMP CHEERIO PURPOSE: GENERAL SUPPORT | $5,000 |
CAMPBELL UNIVERSITY PURPOSE: GENERAL SUPPORT | $355,140 |
CARTERET COMMUNITY COLLEGE FOUNDATION INC PURPOSE: GENERAL SUPPORT | $20,000 |