Telford Family Foundation Inc
- Assets
- $1.7m
- Revenue
- $30.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- Wilson, NC
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 58-2053506
Organization Overview
Telford Family Foundation Inc is located in Wilson, NC. The organization was established in 1994. 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. Telford Family 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 12/2023, Telford Family Foundation Inc generated $30.5k 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 (6.7%) each year. All expenses for the organization totaled $91.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Telford Family Foundation Inc has awarded 241 individual grants totaling $468,640. 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 |
|---|---|---|---|
Gordon M Telford Sr President | 0 | $0 | |
Gordon M Telford Jr Treasurer | 0 | $0 | |
Mary T Piggott Secretary | 0 | $0 | |
Laura E Piggott Director | 0 | $0 | |
Kathryn T Chapin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,763 |
| Dividends & Interest | $46,063 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,333 |
| Capital Gain Net Income | $636 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,493 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $589 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,322 |
| Total operating and administrative expenses | $3,411 |
| Contributions, gifts, grants paid | $87,750 |
| Total expenses and disbursements | $91,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,976 |
| 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 | $197,500 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $37,165 |
| Other assets | $0 |
| Total assets | $1,744,859 |
| 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, Telford Family Foundation Inc has awarded $87,750 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
BRASELTON ARTS COUNCIL PURPOSE: OPERATING | $600 |
CARNESVILLE LIONS CLUB PURPOSE: OPERATING | $1,000 |
BRASELTON CO PUBLIC LIBRARY PURPOSE: OPERATING | $5,000 |
CASA OF NORTHEAST GEORGIA PURPOSE: OPERATING | $1,000 |
CHATEAU ELAN MILITARY SUPPORT FOUND PURPOSE: OPERATING | $750 |
CHILDREN'S HUNGER ELIMINATION PURPOSE: OPERATING | $1,500 |