Ralph And Virginia Hendricks Foundation
- Assets
- $13.5m
- Revenue
- $3.7m
- Investments
- $8.6m
- Employees
- 0
- Location
- Simpsonville, SC
- Founding
- 06/1986
- Data as of
- 12/2021
- EIN
- 57-0822180
Organization Overview
Ralph And Virginia Hendricks Foundation is located in Simpsonville, SC. The organization was established in 1986. 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. Ralph And Virginia Hendricks 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 12/2021, Ralph And Virginia Hendricks Foundation generated $3.7m in total revenue. All expenses for the organization totaled $727.8k during the year ending 12/2021. While expenses have increased by 31.3% per year over the past 4 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 2020, Ralph And Virginia Hendricks Foundation has awarded 89 individual grants totaling $2,074,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hamby Trustee | 2 | $0 | |
Randy Harling Trustee | 1 | $0 | |
Bradley Jenkins Trustee | 1 | $0 | |
Richard C Moore Trustee | 4 | $0 | |
Marc L Saunders Trustee | 2 | $0 | |
John R Thomas Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,494,514 |
| Interest on Savings | $0 |
| Dividends & Interest | $185,439 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,032 |
| Capital Gain Net Income | $32,032 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,711,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,511 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,890 |
| Total operating and administrative expenses | $33,781 |
| Contributions, gifts, grants paid | $694,000 |
| Total expenses and disbursements | $727,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,360 |
| Savings and temporary cash investments | $4,593,437 |
| 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 | $207,968 |
| Investments—mortgage loans | $1,133,279 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,473,663 |
| 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, Ralph And Virginia Hendricks Foundation has awarded $694,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Greenville, SC PURPOSE: SCHOLARSHIPS | $100,000 |
NORTH GREENVILLE UNIVERSITY PURPOSE: SCHOLARSHIPS | $100,000 |
Anderson, SC PURPOSE: SCHOLARSHIPS | $100,000 |
USC UPSTATE ENDOWED SCHOLARSHIP PURPOSE: SCHOLARSHIP | $100,000 |
Greenville, SC PURPOSE: SCHOLARSHIPS | $55,000 |
SALVATION ARMY PURPOSE: UNRESTRICTED | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Leon Levine Foundation Charlotte, NC | $654,368,860 | $94,686,429 |
We Are Sharing Hope Sc Charleston, SC | $50,025,063 | $34,221,211 |