Knox Charity Fund Inc
- Assets
- $6.7m
- Revenue
- $776.9k
- Investments
- $6.1m
- Employees
- 0
- Location
- Thomson, GA
- Founding
- 03/1986
- Data as of
- 12/2022
- EIN
- 59-2640739
Organization Overview
Knox Charity Fund Inc is located in Thomson, GA. The organization was established in 1986. 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. Knox Charity Fund 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 12/2022, Knox Charity Fund Inc generated $776.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $292.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Knox Charity Fund Inc has awarded 55 individual grants totaling $2,156,500. 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 |
|---|---|---|---|
Wyckliffe A Knox President | 0 | $0 | |
Shell H Knox Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $117,146 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $659,732 |
| Capital Gain Net Income | $659,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $776,878 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,500 |
| Total operating and administrative expenses | $71,896 |
| Contributions, gifts, grants paid | $221,000 |
| Total expenses and disbursements | $292,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $593,830 |
| 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 | $6,731,431 |
| 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, Knox Charity Fund Inc has awarded $221,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA SPEECH SCHOOL PURPOSE: UNRESTRICTED | $25,000 |
BOYS & GIRLS CLUBS PURPOSE: UNRESTRICTED | $25,000 |
CHILD ENRICHMENT PURPOSE: UNRESTRICTED | $60,000 |
UGA FOUNDATION PURPOSE: UNRESTRICTED, $100K LAW SCHOOL FUND SCHOLARSHIP | $50,000 |
UGA MOREHEAD HONORS COLLEGE PURPOSE: UNRESTRICTED | $40,000 |
JUD C HICKEY CENTER FOR ALZEHIMERS CARE PURPOSE: UNRESTRICTED | $20,000 |