Lynn R & Karl E Prickett Fund
- Assets
- $0.0
- Revenue
- $104.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 04/1965
- Data as of
- 06/2022
- EIN
- 56-6064788
Organization Overview
Lynn R & Karl E Prickett Fund is located in Greensboro, NC. The organization was established in 1965. 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. Lynn R & Karl E Prickett Fund 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 06/2022, Lynn R & Karl E Prickett Fund generated $104.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $309.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lynn R & Karl E Prickett Fund has awarded 197 individual grants totaling $2,882,400. 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 |
|---|---|---|---|
Janine Lynne Trustee | 0 | $0 | |
Meta Mcdaniel Trustee | 0 | $0 | |
Samuel C Chapin Trustee | 0 | $0 | |
Lisa Manning Trustee | 0 | $0 | |
Katherine Kessner Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $347 |
| Dividends & Interest | $26,983 |
| Profit on Inventory Sales | $0 |
| Other Income | $76,817 |
| Total Revenue | $104,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $29,332 |
| Contributions, gifts, grants paid | $280,000 |
| Total expenses and disbursements | $309,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $4,111,035 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lynn R & Karl E Prickett Fund has awarded $257,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDHAVEN PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $5,880 |
COMMUNITY LOAVES PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $15,000 |
COMMUNITY FOUNDATION OF NORTHWEST MISSISSIPPI PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $7,000 |
DG EDUCATIONAL SERVICES PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $8,100 |
FROM THE HEART PRODUCTIONS INC PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $15,000 |
GLOBAL PEDIATRIC ALLIANCE PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $10,000 |