Jacobs Preyer Family Foundation
- Assets
- $2.4m
- Revenue
- $83.5k
- Investments
- $20.7k
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 06/1999
- Data as of
- 12/2023
- EIN
- 56-6535541
Organization Overview
Jacobs Preyer 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. Jacobs Preyer 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 12/2023, Jacobs Preyer Family Foundation generated $83.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $84.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jacobs Preyer Family Foundation has awarded 198 individual grants totaling $1,173,525. 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 |
|---|---|---|---|
Lunsford Richardson Preyer Jr Director | 2 | $0 | |
Marilyn Jacobs Preyer Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,691 |
| Dividends & Interest | $17,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,266 |
| Capital Gain Net Income | $24,545 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,609 |
| Total Revenue | $83,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,027 |
| Total operating and administrative expenses | $14,027 |
| Contributions, gifts, grants paid | $70,500 |
| Total expenses and disbursements | $84,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,184 |
| 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 | $2,314,849 |
| Total assets | $2,364,749 |
| 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, Jacobs Preyer Family Foundation has awarded $70,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $1,000 |
CHILDREN'S HOME SOCIETY OF NC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $1,000 |
BALD HEAD ISLAND CONSERVANCY INC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $2,000 |
DURHAM LETERACY CENTER PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $2,000 |
ENO RIVER ASSOCIATION PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $500 |
FRIENDS OF THE MOUNTAIN TO SEA TRAIL PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $1,000 |