Ray M And Jane R Wright Foundation Inc
- Assets
- $3.2m
- Revenue
- $1.0m
- Investments
- $3.1m
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 11/1994
- Data as of
- 12/2022
- EIN
- 58-2135480
Organization Overview
Ray M And Jane R Wright Foundation Inc is located in Columbus, GA. 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. Ray M And Jane R Wright 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, Ray M And Jane R Wright Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 16.1% per year over the past 8 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 2015, Ray M And Jane R Wright Foundation Inc has awarded 144 individual grants totaling $6,397,429. 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 |
|---|---|---|---|
John M Wright Vp/sec | 1 | $0 | |
Ernest S Wright Pres./treas. | 1 | $0 | |
Kimberly O Wright Trustee | 0 | $0 | |
Anne S Wright Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $469 |
| Dividends & Interest | $147,136 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $897,871 |
| Capital Gain Net Income | $897,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,045,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,531 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $14,681 |
| Contributions, gifts, grants paid | $1,180,000 |
| Total expenses and disbursements | $1,194,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,729 |
| Net Accounts receivable | $50,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,158,134 |
| 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 | $4,451 |
| Total liabilities | $4,451 |
Grants Awarded
Over the last fiscal year, Ray M And Jane R Wright Foundation Inc has awarded $1,180,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ARK PURPOSE: ORGANIZATION'S STATED PURPOSE | $15,000 |
ANDREW COLLEGE PURPOSE: ORGANIZATION'S STATED PURPOSE | $10,000 |
AUBURN UNIVERSITY FOUNDATION PURPOSE: WOMEN'S EQUESTRIAN, SOCCER, GOLF, MEN'S BASKETBALL, AND NEW FOOTBALL STADIUM | $310,000 |
BRUCE PEARL FAMILY FOUNDATION PURPOSE: ORGANIZATION'S STATED PURPOSE | $25,000 |
FEEDING THE VALLEY PURPOSE: ORGANIZATION'S STATED PURPOSE | $15,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES - AUBURN UNIVERSITY PURPOSE: ORGANIZATION'S STATED PURPOSE | $10,000 |