John William Pope Foundation
- Assets
- $154.4m
- Revenue
- $13.3m
- Investments
- $93.5m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 10/1986
- Data as of
- 06/2021
- EIN
- 58-1691765
Organization Overview
John William Pope Foundation is located in Raleigh, NC. 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. John William Pope 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 06/2021, John William Pope Foundation generated $13.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $13.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, John William Pope Foundation has awarded 449 individual grants totaling $30,528,212. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JOHN WILLIAM POPE FOUNDATION DISTRIBUTED $12,204,263 TO 158 ORGANIZATIONS DURING THE FISCAL YEAR ENDING 6/30/2021 FOR EDUCATIONAL, CIVIC, AND OTHER PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Hood President | 40 | $257,323 | |
Lindsay Hollandsworth Comm. Director | 40 | $82,031 | |
Clarice Smith Program Manager | 40 | $68,250 | |
Iris Turner Assistant Secretary/treasurer | 27 | $40,599 | |
David M Stover Board Member | 10 | $25,000 | |
Michael Smith Board Member | 1 | $25,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $906,122 |
| Dividends & Interest | $2,193,803 |
| Net Rental Income | $157,061 |
| Net Gain on Sale of Assets | $9,908,744 |
| Capital Gain Net Income | $9,800,756 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $376 |
| Total Revenue | $13,295,527 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $307,323 |
| Other employee salaries and wages | $229,756 |
| Pension plans, employee benefits | $53,327 |
| Interest | $0 |
| Taxes | $235,968 |
| Depreciation | $47,234 |
| Occupancy | $52,031 |
| Travel, conferences, and meetings | $33,035 |
| Printing and publications | $0 |
| Other expenses | $301,848 |
| Total operating and administrative expenses | $1,342,309 |
| Contributions, gifts, grants paid | $12,204,263 |
| Total expenses and disbursements | $13,546,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,674 |
| Savings and temporary cash investments | $58,561,066 |
| 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 | $2,158,959 |
| Investments—mortgage loans | $0 |
| Investments—other | $93,112,646 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100,000 |
| Total assets | $154,362,375 |
| 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, John William Pope Foundation has awarded $12,204,263 in support to 226 organizations.
| Grant Recipient | Amount |
|---|---|
UNC HEALTH FOUNDATION PURPOSE: RESTRICTED GRANT-UNC LINEBERGER | $666,667 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL-ARTS AND SCIENCES FND PURPOSE: RESTRICTED GRANT-PPE | $500,000 |
Raleigh, NC PURPOSE: GENERAL OPERATING EXPENSES | $327,250 |
Raleigh, NC PURPOSE: GENERAL OPERATING EXPENSES | $327,250 |
Raleigh, NC PURPOSE: GENERAL OPERATING EXPENSES | $327,250 |
Raleigh, NC PURPOSE: GENERAL OPERATING EXPENSES | $327,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
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 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
We Are Sharing Hope Sc Charleston, SC | $50,025,063 | $34,221,211 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
The Duke Energy Foundation Charlotte, NC | $4,461,931 | $408,995 |
Smith Richardson Foundation Inc Greensboro, NC | $606,694,904 | $88,589,213 |