Harley Langdale Jr Foundation Inc
- Assets
- $69.4m
- Revenue
- $5.3m
- Investments
- $36.8m
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 11/1960
- Data as of
- 09/2023
- EIN
- 58-6033293
Organization Overview
Harley Langdale Jr Foundation Inc is located in Valdosta, GA. The organization was established in 1960. 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. Harley Langdale Jr 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 09/2023, Harley Langdale Jr Foundation Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $4.5m during the year ending 09/2023. While expenses have increased by 12.5% 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, Harley Langdale Jr Foundation Inc has awarded 558 individual grants totaling $23,825,695. 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 |
|---|---|---|---|
James H Langdale Pres/chairma | 0 | $0 | |
John W Langdale Jr V/p | 0 | $0 | |
Jackson R Langdale Director | 0 | $0 | |
Gregory J Miller Director | 0 | $0 | |
Larry K Fudge Director | 0 | $0 | |
Curtis L Pickels Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $918,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,472,406 |
| Capital Gain Net Income | $3,472,406 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $909,695 |
| Total Revenue | $5,300,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $77,085 |
| Other employee salaries and wages | $50,627 |
| Pension plans, employee benefits | $9,796 |
| Interest | $0 |
| Taxes | $1,889 |
| Depreciation | $4,006 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $792 |
| Printing and publications | $0 |
| Other expenses | $35,409 |
| Total operating and administrative expenses | $507,309 |
| Contributions, gifts, grants paid | $3,982,000 |
| Total expenses and disbursements | $4,489,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398,927 |
| Savings and temporary cash investments | $6,341,923 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $25,714,748 |
| 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 | $142,106 |
| Other assets | $0 |
| Total assets | $69,371,717 |
| Accounts payable and accrued expenses | $3,616 |
| 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 | $3,616 |
Grants Awarded
Over the last fiscal year, Harley Langdale Jr Foundation Inc has awarded $3,982,000 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF VALDOSTA INC PURPOSE: TOY DRIVE | $1,500 |
ABAC FOUNDATION PURPOSE: DESTINATION AG | $410,542 |
ADVANCING VALDOSTA PURPOSE: UNRESTRICTED | $20,000 |
ALPHA GAMMA GAMMA PURPOSE: UNRESTRICTED | $500 |
AMERICAN LEGION AUXILIARY POST PURPOSE: UNRESTRICTED | $3,500 |
AMERICAN RED CROSS OF SOUTH GA PURPOSE: UNRESTRICTED | $5,000 |