Farbolin Fam Charitable Tr 052496 Fbo Carol J Farbolin
- Assets
- $1.7m
- Revenue
- $276.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Alpharetta, GA
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 58-6323280
Organization Overview
Farbolin Fam Charitable Tr 052496 Fbo Carol J Farbolin is located in Alpharetta, GA. The organization was established in 1997. 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. Farbolin Fam Charitable Tr 052496 Fbo Carol J Farbolin 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 12/2022, Farbolin Fam Charitable Tr 052496 Fbo Carol J Farbolin generated $276.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $48.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Farbolin Fam Charitable Tr 052496 Fbo Carol J Farbolin has awarded 13 individual grants totaling $220,089. 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 |
|---|---|---|---|
Carol Farbolin Trustee | 0.09 | $0 | |
Linda E Van Rees Director | 0.09 | $0 | |
Julie P Hayes Director | 0.09 | $0 | |
Gregory Farbolin Director | 0.09 | $0 | |
Robert Farbolin Distribution Committee | 0.09 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,502 |
| Capital Gain Net Income | $139,502 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $276,909 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28 |
| Total operating and administrative expenses | $18,882 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $48,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,057 |
| 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 | $1,540,963 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $528 |
| Total assets | $1,678,494 |
| 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 | $528 |
| Total liabilities | $528 |
Grants Awarded
Over the last fiscal year, Farbolin Fam Charitable Tr 052496 Fbo Carol J Farbolin has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL GIVING FOUNDATION PURPOSE: TO SUPPORT THE ROADS TO REHAB NEPAL PROJECT. | $10,000 |
AMERICA'S CHARITIES PURPOSE: TO PROVIDE RESOURCES TO ENABLE AND PROMOTE CHARITABLE GIVING AT THE WORKPLACE. | $10,000 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: HONORING THE SACRIFICE OF FDNY FIREFIGHTER STEPHEN SILLER WHO DIED DURING THE 9/11/01 ATTACKS. | $10,000 |