George T Lewis Jr Foundation
- Assets
- $0.0
- Revenue
- $331.7k
- Investments
- $28.1m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 05/2017
- Data as of
- 12/2020
- EIN
- 81-4281545
Organization Overview
George T Lewis Jr Foundation is located in Charlotte, NC. The organization was established in 2017. 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. George T Lewis Jr 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 12/2020, George T Lewis Jr Foundation generated $331.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.9%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, George T Lewis Jr Foundation has awarded 79 individual grants totaling $5,060,250. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,075 |
| Dividends & Interest | $584,111 |
| Profit on Inventory Sales | $0 |
| Other Income | -$81,711 |
| Total Revenue | $331,693 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $149,429 |
| Contributions, gifts, grants paid | $1,711,000 |
| Total expenses and disbursements | $1,860,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,269,495 |
| Investments—mortgage loans | $0 |
| Investments—other | $28,053,163 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, George T Lewis Jr Foundation has awarded $1,714,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: DONATION | $250,000 |
SHRINER'S HOSPITAL PURPOSE: DONATION | $250,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: DONATION | $125,000 |
Alpharetta, GA PURPOSE: DONATION | $100,000 |
SPECIAL OPERATIONS WARRIOR FOUNDATI PURPOSE: DONATION | $90,000 |
HARVEST HOPE FOOD BANK PURPOSE: DONATION | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
The Haslam 3 Foundation Inc Knoxville, TN | $5,285,692 | $10,045,433 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Scarlett Family Foundation Nashville, TN | $163,054,305 | $18,551,241 |
Manning Family Foundation Charlottesville, VA | $313,144,000 | $17,216,650 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |