George S & Edna L Cobb Foundation Inc
- Assets
- $1.5m
- Revenue
- $58.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 58-0631270
Organization Overview
George S & Edna L Cobb Foundation Inc is located in Columbus, GA. The organization was established in 1945. 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. George S & Edna L Cobb 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, George S & Edna L Cobb Foundation Inc generated $58.8k 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 (3.3%) each year. All expenses for the organization totaled $80.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George S & Edna L Cobb Foundation Inc has awarded 231 individual grants totaling $696,579. 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 |
|---|---|---|---|
David Zim Cauble Emeritus Chair | 0 | $0 | |
William D Smith Jr Chairman | 0 | $0 | |
Sue Cauble Robinson Board Member | 0 | $0 | |
Virginia S Walker Board Member | 0 | $0 | |
Synovus Trust Company Na Agent/advisor | 0 | $9,594 | |
Wayne Hadden Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,047 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,712 |
| Capital Gain Net Income | $8,585 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,759 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,594 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,304 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,648 |
| Contributions, gifts, grants paid | $67,500 |
| Total expenses and disbursements | $80,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $93,891 |
| 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 | $1,544,510 |
| 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, George S & Edna L Cobb Foundation Inc has awarded $67,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
COBB MEMORIAL ARCHIVES PURPOSE: GENERAL CHARITABLE PURPOSE | $3,500 |
FRIENDS OF SCOUTING PURPOSE: GENERAL CHARTIABLE PURPOSE | $5,000 |
TROUP COUNTY ARCHIVES PURPOSE: GENERAL CHARITABLE PURPOSE | $2,000 |
VALLEY HAVEN SCHOOL PURPOSE: GENERAL CHARITABLE PURPOSE | $2,000 |
LAGRANGE ART MUSEUM PURPOSE: GENERAL CHARITABLE PURPOSES | $4,000 |
NORTHSIDE METHODIST CHURCH PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |