Blackwelder Family Foundation
- Assets
- $5.3m
- Revenue
- $1.3m
- Investments
- $5.1m
- Employees
- 0
- Location
- Greenville, NC
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 81-4320192
Organization Overview
Blackwelder Family Foundation is located in Greenville, NC. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Blackwelder 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, Blackwelder Family Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $186.0k during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 4 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 2018, Blackwelder Family Foundation has awarded 77 individual grants totaling $595,358. 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 |
|---|---|---|---|
Corrie Blackwelder Secretary | 0.5 | $0 | |
Garrett Blackwelder President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,034,597 |
| Interest on Savings | $12 |
| Dividends & Interest | $72,731 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $230,628 |
| Capital Gain Net Income | $230,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,337,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,495 |
| Total operating and administrative expenses | $34,695 |
| Contributions, gifts, grants paid | $151,320 |
| Total expenses and disbursements | $186,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,678 |
| 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 | $9,090 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,123,465 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,287,233 |
| 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, Blackwelder Family Foundation has awarded $151,320 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
OPEN DOOR CHURCH PURPOSE: UNRESTRICTED PROGRAM USE | $111,000 |
Greenville, NC PURPOSE: UNRESTRICTED PROGRAM USE | $10,000 |
EASTERN NC POVERTY NETWORK PURPOSE: UNRESTRICTED PROGRAM USE | $6,000 |
BOYS AND GIRLS CLUB PURPOSE: UNRESTRICTED PROGRAM USE | $5,000 |
Goldsboro, NC PURPOSE: UNRESTRICTED PROGRAM USE | $3,295 |
CENTER FOR FAMILY VIOLENCE PREVENTION PURPOSE: UNRESTRICTED PROGRAM USE | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Charitable Ashburn, VA | $209,799,923 | $22,185,205 |
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Speedway Childrens Charities Concord, NC | $415,792 | $1,752,353 |