New Family Foundation Inc
- Assets
- $242.1k
- Revenue
- -$3.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Peachtree City, GA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-2428982
Organization Overview
New Family Foundation Inc is located in Peachtree City, GA. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. New Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO THE REAL LIFE CENTER AS BACKPACK BUDDIES EXPANSION TO FEED HUNGRY CHILDREN IN THE COMMUNITY AS WELL AS SUPPORT A MENTAL HEALTH PROGRAM.
GRANT TO FAYETTEVILLE PREGNANCY RESOURCE CENTER TO PROVIDE FREE COMMUNITY MATERNAL/CHILD HEALTH PROGRAMS AND EDUCATION, RAISING AWARENESS OF MATERNAL/CHILD HEALTH.
GRANT TO HOPE REVISITED, INC. TO ESTABLISH A FOSTER CARE VISITATION CENTER TO SUPPORT REUNIFICATION WITH BIOLOGICAL FAMILY.
GRANT AWARD TO COWETA FOSTER PARENT ASSOCIATION TO PROVIDE CHRISTMAS GIFTS (CLOTHING, SHOES AND TOYS) FOR CHILDREN IN FOSTER CARE IN COWETA COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie New CEO | 0 | $0 | |
William R New CFO | 0 | $0 | |
Robin Wolf Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $838 |
| Dividends & Interest | $1,676 |
| Net Rental Income | $2,924 |
| Net Gain on Sale of Assets | -$11,938 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61 |
| Depreciation | $3,056 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $6,435 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $31,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,869 |
| Savings and temporary cash investments | $123,678 |
| 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 | $114,508 |
| Other assets | $0 |
| Total assets | $242,055 |
| 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, New Family Foundation Inc has awarded $25,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FAYETTE PREGNANCY RESOURCE CENTER PURPOSE: PRENATAL CARE / HEALTH | $5,000 |
HOPE REVISITED INC PURPOSE: FOSTER CARE VISITATION CENTER | $5,000 |
THE REAL LIFE CENTER PURPOSE: FIGHT HUNGER / MENTAL HEALTH PROGRAM | $12,500 |
COWETA FOSTER PARENT ASSOCIATION PURPOSE: GIFT FOSTER KIDS CLOTHES SHOES,TOYS | $2,500 |