Joel R Anderson Family Foundation
- Assets
- $2.5m
- Revenue
- $101.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Florence, AL
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 63-1133060
Organization Overview
Joel R Anderson Family Foundation is located in Florence, AL. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Joel R Anderson Family 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 12/2022, Joel R Anderson Family Foundation generated $101.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $625.1k during the year ending 12/2022. While expenses have increased by 21.5% per year over the past 8 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 2015, Joel R Anderson Family Foundation has awarded 85 individual grants totaling $1,444,361. 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 |
|---|---|---|---|
Joel R Anderson II Director | 0 | $0 | |
Kristen L Anderson Director | 0 | $0 | |
Ashley Anderson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $80,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,489 |
| Capital Gain Net Income | $21,489 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,441 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,579 |
| Total operating and administrative expenses | $8,985 |
| Contributions, gifts, grants paid | $616,136 |
| Total expenses and disbursements | $625,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,549 |
| Savings and temporary cash investments | $39,138 |
| 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 | $13,599 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,499,931 |
| 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, Joel R Anderson Family Foundation has awarded $616,136 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA SHERIFFS YOUTH RANCHES INC PURPOSE: BENEVOLENT DONATION | $6,400 |
CHLOE'S FUND LIMITED PURPOSE: BENEVOLENT DONATION | $5,000 |
CRAMER CHILDREN'S CENTER PURPOSE: BENEVOLENT DONATION | $11,180 |
DOWNTOWN FLORENCE ALLIANCE PURPOSE: BENEVOLENT DONATION | $5,000 |
FLORENCE LAUDERDALE ANIMAL SHELTER PURPOSE: BENEVOLENT DONATION | $5,000 |
MUSCLE SHOALS SONGWRITERS FOUNDATION PURPOSE: BENEVOLENT DONATION | $5,000 |