Patricia Stewart Burgess Foundation Inc
- Assets
- $7.1m
- Revenue
- $170.2k
- Investments
- $6.9m
- Employees
- 0
- Location
- Macon, GA
- Founding
- 05/2003
- Data as of
- 12/2023
- EIN
- 57-1159138
Organization Overview
Patricia Stewart Burgess Foundation Inc is located in Macon, GA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Patricia Stewart Burgess 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 12/2023, Patricia Stewart Burgess Foundation Inc generated $170.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $295.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Patricia Stewart Burgess Foundation Inc has awarded 53 individual grants totaling $1,527,500. 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 |
|---|---|---|---|
Malcolm S Burgess Jr Chairman | 2 | $0 | |
Rebecca R Burgess Director | 1 | $0 | |
Robert S Burgess Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,124 |
| Dividends & Interest | $198,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,868 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $1,963 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,232 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,004 |
| Contributions, gifts, grants paid | $290,000 |
| Total expenses and disbursements | $295,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,185 |
| 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 | $1,559,307 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,084,025 |
| 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 | $9,268 |
| Total liabilities | $9,268 |
Grants Awarded
Over the last fiscal year, Patricia Stewart Burgess Foundation Inc has awarded $290,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST EPISCOPAL CHURCH PURPOSE: TO PROVIDE FUNDING FOR THE MUSIC MINISTRY. | $55,000 |
MUSEUM OF ARTS SCIENCES PURPOSE: EDUCATIONAL PROGRAMMING IN 2017. | $60,000 |
WESLEYAN COLLEGE PURPOSE: SUPPORT THE WILLET LIBRARY FUND. | $50,000 |
HAY HOUSE PURPOSE: TO BENEFIT THE OPERATIONS AND PROGRAMMING FOR THE HAY HOUSE. | $15,000 |
MERCER UNIVERSITY PURPOSE: TO PROVIDE SUPPORT FOR THE MCDUFFIE CENTER AND THE MUSIC PROGRAM. | $50,000 |
MACON VOLUNTEER CLINIC PURPOSE: FOR PATIENT CARE. | $10,000 |