Fambrough Family Foundation
- Assets
- $469.2k
- Revenue
- $67.1k
- Investments
- $446.3k
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 63-1239384
Organization Overview
Fambrough Family Foundation is located in Huntsville, AL. The organization was established in 2000. 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. Fambrough 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 12/2021, Fambrough Family Foundation generated $67.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $24.9k during the year ending 12/2021. While expenses have increased by 12.3% per year over the past 7 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 2016, Fambrough Family Foundation has awarded 26 individual grants totaling $105,300. 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 |
|---|---|---|---|
Ray A Fambrough Trustee | 0 | $0 | |
Margaret E Fambrough Trustee | 0 | $0 | |
Brooke Greene Trustee | 0 | $0 | |
Alexander Fambrough Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $32,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,277 |
| Capital Gain Net Income | $34,277 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35 |
| Total Revenue | $67,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $11 |
| Taxes | $558 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,637 |
| Total operating and administrative expenses | $5,574 |
| Contributions, gifts, grants paid | $19,300 |
| Total expenses and disbursements | $24,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,601 |
| 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 | $22 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $446,271 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $331 |
| Total assets | $469,225 |
| 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, Fambrough Family Foundation has awarded $19,300 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: UNRESTRICTED DONATION FOR RESEARCH | $9,000 |
Gulf Breeze, FL PURPOSE: UNRESTRICTED DONATION TO MIRACLE LEAGUE | $6,000 |
ST THOMAS EPISCOPAL CHURCH PURPOSE: UNRESTRICTED DONATION TO CHURCH | $3,000 |
FELINES & CANINES PURPOSE: UNRESTRICTED DONATION TO HELP FELINES AND CANINES | $500 |
SOUTH WALTON TURTLE WATCH PURPOSE: UNRESTRICTED DONATION TO HELP SEA TURTLES | $500 |
ALABAMA PUBLIC TELEVISION PURPOSE: UNRESTRICTED DONATION TO HELP SUPPORT PUBLIC TELEVISION | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gerstner Family Foundation Palm Beach, FL | $0 | $14,356,897 |
C And A Johnson Family Foundation Palm Beach, FL | $1,837,672 | $36,829,878 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Bernard A Egan Foundation Inc Fort Pierce, FL | $114,916,843 | $8,190,041 |
Volo Foundation West Palm Beach, FL | $90,593,574 | $39,243,296 |
Lucy Gooding Charitable Foundation Trust Jacksonville, FL | $96,067,891 | $12,365,661 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Raether 1985 Charitable Trust West Palm Beach, FL | $51,858,010 | $28,246,620 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
George Jenkins Foundation Inc Lakeland, FL | $24,813,802 | $4,640,014 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Lattner Family Foundation Inc Delray Beach, FL | $83,049,454 | $6,453,485 |