Ray M And Jane R Wright Foundation Inc
- Assets
- $3.3m
- Revenue
- $728.2k
- Investments
- $3.2m
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 11/1994
- Data as of
- 12/2021
- 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 12/2021, Ray M And Jane R Wright Foundation Inc generated $728.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $703.1k during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 7 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 143 individual grants totaling $6,535,229. 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 |
|---|---|---|---|
Kimberly O Wright Trustee | 0 | $0 | |
Anne S Wright Trustee | 0 | $0 | |
John M Wright Vp/sec | 1 | $0 | |
Ernest S Wright Pres./treas. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $136,176 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $591,986 |
| Capital Gain Net Income | $591,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $728,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,073 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $17,053 |
| Contributions, gifts, grants paid | $686,000 |
| Total expenses and disbursements | $703,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,493 |
| Net Accounts receivable | $6,407 |
| 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 | $3,302,888 |
| 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, Ray M And Jane R Wright Foundation Inc has awarded $686,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE PRESBYTERIAN CHURCH PURPOSE: CONSTRUCTION | $300,000 |
Auburn, AL PURPOSE: WOMEN'S EQUESTRIAN, SOCCER, GOLF, MEN'S BASKETBALL, AND NEW FOOTBALL STADIUM | $245,000 |
Columbus, GA PURPOSE: FOUNTAIN | $50,000 |
Columbus, GA PURPOSE: ORGANIZATION'S STATED PURPOSE | $43,000 |
SAFEHOUSE MINISTRIES OF CHATTAHOOCHEE VALLEY MINISTRY PURPOSE: ORGANIZATION'S STATED PURPOSE | $15,000 |
ST LUKE PURPOSE: PRESCHOOL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |