Walton County Foundation Inc
- Assets
- $3.5m
- Revenue
- $265.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- Monroe, GA
- Founding
- 01/1964
- Data as of
- 09/2023
- EIN
- 58-6034766
Organization Overview
Walton County Foundation Inc is located in Monroe, GA. The organization was established in 1964. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walton County 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, Walton County Foundation Inc generated $265.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $488.7k during the year ending 09/2023. While expenses have increased by 9.2% 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, Walton County Foundation Inc has awarded 205 individual grants totaling $2,814,851. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO OTHER EXEMPT ORGANIZATIONS FOR CHARITABLE PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles M Ferguson Jr Trustee | 0.5 | $0 | |
Lee Garrett Vice Chairman | 1 | $0 | |
Randolph Camp Chairman | 1 | $0 | |
Patricia Preston Trustee | 0.5 | $0 | |
Barbara J Gallman Trustee | 0.5 | $0 | |
Virginia Metcalf Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,292 |
| Interest on Savings | $0 |
| Dividends & Interest | $102,022 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $79,260 |
| Capital Gain Net Income | $114,030 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $250 |
| Total Revenue | $265,624 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,938 |
| Depreciation | $1,736 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $232 |
| Total operating and administrative expenses | $63,395 |
| Contributions, gifts, grants paid | $425,330 |
| Total expenses and disbursements | $488,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,957 |
| 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 | $7,627 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $54,339 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31,012 |
| Total assets | $3,505,076 |
| 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, Walton County Foundation Inc has awarded $425,330 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
A CHILDS VOICE CHILD ADVOCACY PURPOSE: FAMILY ADVOCACY | $19,606 |
AMERICAN RED CROSS PURPOSE: WALTON CO HOMES | $5,000 |
CORINTH CHRISTIAN CHURCH PURPOSE: CEMETERY MAINTENANCE | $6,000 |
FAITH IN SERVING HUMANITY PURPOSE: SUMMER FEEDING PROGRAM | $40,000 |
CAMP TWIN LAKES PURPOSE: CAMP SCHOLARSHIPS | $10,000 |
LOGANVILLE ELEMENTARY SCHOOL PURPOSE: INTERACTIVE PLAYGROUND | $14,850 |