Triplecord Family Foundation
- Assets
- $22.1k
- Revenue
- $288.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 81-1385747
Organization Overview
Triplecord Family Foundation is located in Greensboro, NC. The organization was established in 2017. 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. Triplecord 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, Triplecord Family Foundation generated $288.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.4%) each year.
Since 2017, Triplecord Family Foundation has awarded 47 individual grants totaling $140,457. 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 |
|---|---|---|---|
Tara M Reeves President | 20 | $0 | |
M Leon Reeves Vice-President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$680 |
| Other Income | $468 |
| Total Revenue | $288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,051 |
| Printing and publications | $0 |
| Other expenses | $10,233 |
| Total operating and administrative expenses | $14,284 |
| Contributions, gifts, grants paid | $10,500 |
| Total expenses and disbursements | $24,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,106 |
| 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 | $22,106 |
| 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, Triplecord Family Foundation has awarded $10,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BLACKABY MINISTRIES INTERNATIONAL PURPOSE: DONATION | $500 |
CLEBE MCCLARY EVANGELISTIC ASSOCIATION PURPOSE: DONATION | $2,700 |
CAMPUS OUTREACH BIRMINGHAM PURPOSE: DONATION | $1,500 |
MOMS IN PRAYER INTERNATIONAL PURPOSE: DONATION | $100 |
RELIANT MISSION PURPOSE: DONATION | $1,000 |
WEARS VALLEY RANCH PURPOSE: DONATION | $1,500 |