J B And Lottie Harris Foundation
- Assets
- $3.3m
- Revenue
- $431.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 83-2779897
Organization Overview
J B And Lottie Harris Foundation is located in Atlanta, GA. The organization was established in 2020. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. J B And Lottie Harris 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, J B And Lottie Harris Foundation generated $431.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $235.6k during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 3 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 2019, J B And Lottie Harris Foundation has awarded 48 individual grants totaling $473,900. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SERVICES AND SCHOLARSHIP
HEALTHCARE AND OTHER HUMANITARIAN ASSISTANCE
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $431,086 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $364 |
| Capital Gain Net Income | $364 |
| Net ST Capital Gain | $2 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $431,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,090 |
| Total operating and administrative expenses | $66,295 |
| Contributions, gifts, grants paid | $169,300 |
| Total expenses and disbursements | $235,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,265 |
| Savings and temporary cash investments | $3,105,048 |
| 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 | $3,257,313 |
| 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, J B And Lottie Harris Foundation has awarded $169,300 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: MEDICAL SCHOOL SCHOLARSHIP FUND | $50,000 |
Atlanta, GA PURPOSE: SCHOLARSHIP FUND | $50,000 |
SOUTHERN EDUCATION FOUNDATION PURPOSE: FUNDRAISING PLATFORM FOREQUITABLE EDUCATION | $25,000 |
Atlanta, GA PURPOSE: HUMANITARIAN ASSISTANCE | $11,300 |
JUDSON LYONS SOCIETY INC PURPOSE: EDUCATIONAL ASSISTANCE TO COLLEGE STUDENTS | $10,000 |
SPIKE STUDIO PURPOSE: EDUCATE AND DEVELOP CREATIVE ABILITIES IN YOUTH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Bankers Association Group Benefits Trust Orlando, FL | $33,617,508 | $79,896,107 |
Lettie Pate Whitehead Foundation Inc Atlanta, GA | $545,577,272 | $201,098,940 |
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
South Carolina Automobile Dealers Trust Columbia, SC | $615,773 | $12,853,378 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |