Delta Air Lines Foundation
- Assets
- $22.4m
- Revenue
- $13.9m
- Investments
- $22.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/1968
- Data as of
- 12/2023
- EIN
- 58-6073119
Organization Overview
Delta Air Lines Foundation is located in Atlanta, GA. The organization was established in 1968. 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. Delta Air Lines 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 12/2023, Delta Air Lines Foundation generated $13.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $12.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Delta Air Lines Foundation has awarded 116 individual grants totaling $65,665,147. 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 |
|---|---|---|---|
Timothy W Mapes President | 1 | $0 | |
Alicia Tillman SVP | 1 | $0 | |
Tad Hutcheson Sr. Vice President | 4 | $0 | |
Quinnie Jenkins Vice President | 2 | $0 | |
Rachel Weitz Vice President - Secretary | 1 | $0 | |
Kirk Willingham Vice President - Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cybergrants | 12/30/20 | $71,058 |
Wells Fargo Bank | 12/30/20 | $60,155 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,500,000 |
| Interest on Savings | $250,516 |
| Dividends & Interest | $167,258 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,953 |
| Capital Gain Net Income | $9,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $99 |
| Total Revenue | $13,927,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $146,987 |
| Total operating and administrative expenses | $220,473 |
| Contributions, gifts, grants paid | $12,404,315 |
| Total expenses and disbursements | $12,624,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $404,695 |
| 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 | $588,329 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,368,129 |
| 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, Delta Air Lines Foundation has awarded $14,404,315 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AGNES SCOTT COLLEGE PURPOSE: GRANT FOR THE GLOBAL JOURNEYS INITIATIVE AND SUMMIT PROGRAM | $250,000 |
AMERICAN RED CROSS PURPOSE: GRANT TO THE AMERICAN RED CROSS FOR THE ANNUAL DISASTER GIVING PROGRAM TO BE PROACTIVE IN DISASTER RESPONSE INITIATIVES. | $1,000,000 |
ATLANTA COMMUNITY FOOD BANK PURPOSE: GRANT FOR THE ATLANTA COMMUNITY FOOD BANK'S GROWING HEALTHY FUTURES CAPITAL CAMPAIGN | $200,000 |
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION PURPOSE: GRANT TO SUPPORT PATIENT ACTIVITY CENTER AT ARTHUR M. BLANK CHILDREN'S HOSPITAL | $250,000 |
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION PURPOSE: GRANT TO SUPPORT THE NEVER SETTLE CAMPAIGN WITH SUPPORT FOCUSED ON HUGHES SPALDING CHILDREN'S HOSPITAL | $1,000,000 |
DELTA EMPLOYEE MATCHING GIFTS TO COLLEGESUNIVERSITIES VIA CYBERGRANTS PURPOSE: MATCHING QUALIFYING GRANTS IN SUPPORT OF EDUCATION | $2,754,315 |