Southern States Educational Foundation Incorporated
- Assets
- $140.6k
- Revenue
- $714.0k
- Investments
- $125.5k
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 09/1968
- Data as of
- 05/2022
- EIN
- 58-6073809
Organization Overview
Southern States Educational Foundation Incorporated is located in Savannah, GA. The organization was established in 1968. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Southern States Educational Foundation Incorporated 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 05/2022, Southern States Educational Foundation Incorporated generated $714.0k in total revenue. All expenses for the organization totaled $650.0k during the year ending 05/2022. While expenses have increased by 126.9% per year over the past 4 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 2021, Southern States Educational Foundation Incorporated has awarded 31 individual grants totaling $856,698. 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 |
|---|---|---|---|
F Reed Dulany III Trustee | 1 | $0 | |
Key D Compton Trustee | 1 | $0 | |
James Tait Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $700,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $1,133 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,835 |
| Capital Gain Net Income | $12,835 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $713,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,438 |
| Total operating and administrative expenses | $4,204 |
| Contributions, gifts, grants paid | $645,839 |
| Total expenses and disbursements | $650,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,073 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $140,587 |
| 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 | $8,683 |
| Total liabilities | $8,683 |
Grants Awarded
Over the last fiscal year, Southern States Educational Foundation Incorporated has awarded $645,839 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
SAVANNAH CLASSICAL ACADEMY PURPOSE: GENERAL USE | $237,450 |
Savannah, GA PURPOSE: GENERAL USE | $210,000 |
Savannah, GA PURPOSE: GENERAL USE | $83,334 |
Savannah, GA PURPOSE: GENERAL USE | $25,000 |
TELFAIR MUSEUMS PURPOSE: GENERAL USE | $20,000 |
PAWS 4 PEOPLE PURPOSE: GENERAL USE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
University Of South Florida Foundation Inc Tampa, FL | $929,677,670 | $144,887,499 |
Auburn University Foundation Auburn, AL | $857,894,187 | $96,896,842 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
Florida State University Foundation Inc Tallahassee, FL | $730,089,060 | $57,370,131 |
Spelman College Special Ventures Fund Inc Atlanta, GA | $236,389,415 | $26,274,154 |
University Of South Carolina Educational Foundation Columbia, SC | $607,523,681 | $89,201,263 |
Seminole Boosters Inc Tallahassee, FL | $240,991,921 | $48,392,781 |
University Of Florida Research Foundation Inc Gainesville, FL | $131,218,099 | $46,757,527 |
University Of Central Florida Foundation Inc Orlando, FL | $396,904,531 | $45,984,866 |
Florida International University Foundation Inc Miami, FL | $475,743,772 | $154,605,877 |