Betty And Davis Fitzgerald Foundation Inc
- Assets
- $37.2m
- Revenue
- $4.4m
- Investments
- $36.1m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1986
- Data as of
- 12/2021
- EIN
- 58-1669823
Organization Overview
Betty And Davis Fitzgerald Foundation Inc is located in Atlanta, GA. 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. Betty And Davis Fitzgerald 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 12/2021, Betty And Davis Fitzgerald Foundation Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 12.2% per year over the past 5 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 2017, Betty And Davis Fitzgerald Foundation Inc has awarded 560 individual grants totaling $7,498,825. 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 |
|---|---|---|---|
Taifa Butler Director | 0.5 | $0 | |
Jeff Busch Director | 0.5 | $0 | |
Hank Gurley Director | 0.5 | $0 | |
William Gurley Director/senior Vice President | 0.5 | $0 | |
Alice Hall Director | 0.5 | $0 | |
Jack R Hall Director/treasurer/vice President | 0.75 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boardwalk Consulting Llc | 12/30/22 | $75,775 |
Crewcial Partners | 12/30/22 | $80,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $997,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,437,341 |
| Capital Gain Net Income | $3,256,608 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,434,880 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $201,800 |
| Other employee salaries and wages | $59,440 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $97,988 |
| Depreciation | $525 |
| Occupancy | $35,017 |
| Travel, conferences, and meetings | $4,239 |
| Printing and publications | $0 |
| Other expenses | $26,496 |
| Total operating and administrative expenses | $929,848 |
| Contributions, gifts, grants paid | $1,835,294 |
| Total expenses and disbursements | $2,765,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $348,501 |
| 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 | $12,493,454 |
| Net Land, buildings, and equipment | $1,616 |
| Other assets | $778,524 |
| Total assets | $37,186,168 |
| Accounts payable and accrued expenses | $10,119 |
| Grants payable | $680,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $140,270 |
| Total liabilities | $830,389 |
Grants Awarded
Over the last fiscal year, Betty And Davis Fitzgerald Foundation Inc has awarded $1,635,090 in support to 144 organizations.
| Grant Recipient | Amount |
|---|---|
9TO5 NATIONAL ASSOCIATION OF WORKING WOMEN PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $20,000 |
21ST CENTURY LEADERS PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $20,000 |
AGAPE COMMUNITY CENTER PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $15,000 |
ATLANTA LEGAL AID SOCIETY PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $852 |
ALL OUR KIN PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $400 |
AUGUSTA PREPARATORY DAY SCHOOL PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $4,000 |