Walter G Canipe Foundation
- Assets
- $2.8m
- Revenue
- $196.1k
- Investments
- $2.8m
- Employees
- 0
- Location
- Smyrna, GA
- Founding
- 05/1987
- Data as of
- 06/2023
- EIN
- 58-1712262
Organization Overview
Walter G Canipe Foundation is located in Smyrna, GA. The organization was established in 1987. 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. Walter G Canipe 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 06/2023, Walter G Canipe Foundation generated $196.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $205.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Walter G Canipe Foundation has awarded 158 individual grants totaling $746,250. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Kent Canipe Pres-Treas | 0 | $0 | |
Anne Canipe Director | 0 | $0 | |
Virginia Canipe Swan Director | 0 | $0 | |
Jane Canipe Rooks V Pres-Sec | 0 | $0 | |
Brian Rooks Director | 0 | $0 | |
Matthew Rooks Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $65,067 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $131,025 |
| Capital Gain Net Income | $131,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $196,095 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,083 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $33,042 |
| Contributions, gifts, grants paid | $172,000 |
| Total expenses and disbursements | $205,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,345 |
| 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 | $128,557 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,840 |
| Total assets | $2,832,373 |
| 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, Walter G Canipe Foundation has awarded $172,000 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
ALL SAINTS DAY SCHOOL PURPOSE: CHRISTIAN SCHOOL TEACHING & LEARNING | $5,000 |
ALLIANCE THEATRE PURPOSE: PRODUCTIONS/COMMUNITY ACTIVITIES | $3,000 |
DADS GARAGE PURPOSE: IMPROVISATION THEATRE/EDUCATION FUND | $500 |
CUMBERLAND COLLEGE PURPOSE: COMMUNITY OUTREACH/TEACHING | $2,500 |
ATLANTA BOTANICAL GARDENS PURPOSE: MANITENANCE EDUCATION & EXHIBITS | $2,500 |
ATLANTA SYMPHONY ORCHESTRA PURPOSE: ORCHESTRA PROGRAMMING & OUTREACH | $2,000 |