George & Frances London Educational Foundation
- Assets
- $6.6m
- Revenue
- $265.7k
- Investments
- $6.6m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/1996
- Data as of
- 12/2021
- EIN
- 58-2233144
Organization Overview
George & Frances London Educational Foundation is located in Raleigh, NC. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George & Frances London Educational 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 12/2021, George & Frances London Educational Foundation generated $265.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $385.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George & Frances London Educational Foundation has awarded 84 individual grants totaling $703,750. 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 |
|---|---|---|---|
David D Dahl Trustee | 2 | $0 | |
Sandra Martin Clark Trustee | 0 | $0 | |
Matthew C Dahl Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $229,051 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,601 |
| Capital Gain Net Income | $36,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $265,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,450 |
| Total operating and administrative expenses | $76,351 |
| Contributions, gifts, grants paid | $308,750 |
| Total expenses and disbursements | $385,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $83,322 |
| Net Accounts receivable | $1,998 |
| 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 | $6,637,373 |
| 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, George & Frances London Educational Foundation has awarded $308,750 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC PURPOSE: LONDON INTERNSHIP ENDOWMENT - EDUCATIONAL | $50,000 |
DAVID CHASE GREENWELL PURPOSE: SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY | $7,500 |
BRYAN ALEXANDER BRIM PURPOSE: SCHOLARSHIP - NORTH CAROLINA CENTRAL UNIVERSITY | $7,500 |
CALISTA GRACE CHASTAIN PURPOSE: SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL | $7,500 |
HAILEY NICOLE CAMPBELL PURPOSE: SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY | $7,500 |
ALAINA MICHELLE PULLEY PURPOSE: SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Container Royalties Supplemental Charleston, SC | $25,129,094 | $39,744,859 |
Operation Hope Inc Atlanta, GA | $42,513,861 | $45,427,739 |
Academy For Classical Education Inc Macon, GA | $50,470,204 | $22,703,116 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |
Potomac Institute For Policy Studies Arlington, VA | $5,742,038 | $10,808,828 |
The Daily Planet Inc Richmond, VA | $12,184,739 | $13,097,113 |
National Association Of Landscape Professionals Inc Fairfax, VA | $7,212,406 | $10,869,487 |
Bill Of Rights Institute Arlington, VA | $5,390,472 | $9,362,557 |
Oe Enterprises Incorporated Hillsborough, NC | $3,102,909 | $7,461,058 |
Good Shepherd India Virginia Beach, VA | $1,558,138 | $7,285,527 |
Contemporary Science Center Research Triangle Park, NC | $12,289,489 | $6,780,617 |
St Vincents Home Roanoke, VA | $12,045,312 | $7,784,150 |