The Gary W Rollins Foundation
- Assets
- $72.6m
- Revenue
- $27.0m
- Investments
- $17.2m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 58-6263946
Organization Overview
The Gary W Rollins Foundation is located in Atlanta, GA. The organization was established in 1992. 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. Gary W Rollins 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 12/2021, Gary W Rollins Foundation generated $27.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 43.6% each year . All expenses for the organization totaled $13.8m during the year ending 12/2021. While expenses have increased by 42.6% 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 2019, Gary W Rollins Foundation has awarded 92 individual grants totaling $52,545,886. 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 |
|---|---|---|---|
Kathleen Rollins Executive Director | 1 | $35,000 | |
Don Carson Trustee | 1 | $0 | |
Gary W Rollins Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rfa Management Co | 12/30/20 | $100,000 |
Callum Macgregor | 12/30/20 | $55,000 |
Rfa Management Co | 12/30/20 | $100,000 |
Callum Macgregor | 12/30/20 | $55,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,882,368 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,744,212 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,978,347 |
| Capital Gain Net Income | $11,730,464 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $410,879 |
| Total Revenue | $27,015,806 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $220,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $284,994 |
| Total operating and administrative expenses | $668,624 |
| Contributions, gifts, grants paid | $13,139,963 |
| Total expenses and disbursements | $13,808,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,707,031 |
| 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 | $13,470,637 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $51,715,876 |
| Total assets | $72,624,629 |
| 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, The Gary W Rollins Foundation has awarded $13,139,963 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TENNESSEE CHATTANOOGA PURPOSE: GWR COLLEGE OF BUSINESS | $4,032,382 |
UNIVERSITY OF TENNESSEE CHATTANOOGA PURPOSE: GWR COLLEGE OF BUSINESS | $4,000,000 |
Winter Park, FL PURPOSE: KWR HALL | $1,971,081 |
ATLANTA HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $1,000,000 |
Ames, IA PURPOSE: HBT COLLEGE OF BUSINESS - TIPPIE-ROLLINS PROFESSORSHIPS | $1,000,000 |
ATLANTA MISSION PURPOSE: MY SISTER'S HOUSE | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Marie-Josee And Henry R Kravis Foundation West Palm Beach, FL | $65,193,748 | $101,287,799 |
The Leon Levine Foundation Charlotte, NC | $654,368,860 | $94,686,429 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
We Are Sharing Hope Sc Charleston, SC | $50,025,063 | $34,221,211 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
The Duke Energy Foundation Charlotte, NC | $4,461,931 | $408,995 |
Smith Richardson Foundation Inc Greensboro, NC | $606,694,904 | $88,589,213 |