J Sullivan Foundation Inc
- Assets
- $578.1k
- Revenue
- $87.2k
- Investments
- $554.7k
- Employees
- 0
- Location
- Macon, GA
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 58-2034596
Organization Overview
J Sullivan Foundation Inc is located in Macon, GA. The organization was established in 1993. 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. J Sullivan 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, J Sullivan Foundation Inc generated $87.2k 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 (4.8%) each year. All expenses for the organization totaled $153.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, J Sullivan Foundation Inc has awarded 120 individual grants totaling $909,000. 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 |
|---|---|---|---|
Jane T Sullivan Trustee | 0 | $0 | |
J Blake Sullivan Trustee | 2 | $0 | |
Isabelle H Sullivan Trustee | 0 | $0 | |
Carl L And Banleigh J Sullivan Trustee | 0 | $0 | |
B Morgan Sullivan Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,929 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,246 |
| Capital Gain Net Income | $70,246 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $627 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,669 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $153,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,459 |
| 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 | $112,931 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $578,119 |
| 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, J Sullivan Foundation Inc has awarded $145,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
LIFEWATCH PURPOSE: PUBLIC CHARITY-OPERATIONS | $2,000 |
HOUSTON HAVEN MINISTRY PURPOSE: PUBLIC CHARITY-OPERATIONS | $2,000 |
COVENANT CARE ADOPTION SERVICES PURPOSE: PUBLIC CHARITY-OPERATIONS | $2,000 |
FOR THE NATIONS REFUGEE OUTREACH PURPOSE: PUBLIC CHARITY-OPERATIONS | $2,000 |
HARVEST OF HOPE FOOD PANTRY INC PURPOSE: PUBLIC CHARITY-OPERATIONS | $4,000 |
LIGONIER MINISTRIES PURPOSE: PUBLIC-CHARITY OPERATIONS | $5,000 |