Vaughn Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $89.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Mccaysville, GA
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 58-2311348
Organization Overview
Vaughn Family Foundation Inc is located in Mccaysville, GA. The organization was established in 1997. 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. Vaughn 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, Vaughn Family Foundation Inc generated $89.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $184.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Roland Vaughn III Trustee | 0 | $0 | |
Alvin H Vaughn Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,253 |
| Dividends & Interest | $25,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,890 |
| Capital Gain Net Income | $60,890 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,288 |
| 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 | $18,431 |
| Total operating and administrative expenses | $26,839 |
| Contributions, gifts, grants paid | $157,383 |
| Total expenses and disbursements | $184,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,941 |
| 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 | $0 |
| Investments—other | $1,030,989 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,132,686 |
| 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, Vaughn Family Foundation Inc has awarded $157,383 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SALEM CAMPGROUND INC PURPOSE: CHARITABLE DONATION | $122,883 |
NEWTON TRAILS INC PURPOSE: CHARITABLE | $20,000 |
FANNIN COUNTY VOLUNTEER FIRE & RESCUE INC PURPOSE: CHARITABLE | $9,500 |
FANNIN COUNTY SHERIFF'S OFFICE PURPOSE: CHARITABLE | $5,000 |