Guess Family Foundation
- Assets
- $1.1m
- Revenue
- $179.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-4040818
Organization Overview
Guess Family Foundation is located in Raleigh, NC. The organization was established in 2019. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Guess 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, Guess Family Foundation generated $179.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $62.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Guess Family Foundation has awarded 31 individual grants totaling $127,816. 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 |
|---|---|---|---|
Amy P Guess President | 0 | $0 | |
Benton P Guess Vice Preside | 0 | $0 | |
Raleigh E Guess Secretary | 0 | $0 | |
Samuel A Guess Treasurer | 0 | $0 | |
Caroline H Guess Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $134,712 |
| Interest on Savings | $5,417 |
| Dividends & Interest | $36,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,448 |
| Capital Gain Net Income | $13,522 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $179,771 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $56 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,902 |
| Contributions, gifts, grants paid | $59,016 |
| Total expenses and disbursements | $62,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,077 |
| 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 | $1,134,786 |
| 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, Guess Family Foundation has awarded $59,016 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ST MICHAEL'S EPISCOPAL PURPOSE: CHARITABLE | $16,000 |
Cary, NC PURPOSE: CHARITABLE | $4,856 |
TURN 2 U INC DBA THE LAST MILE PURPOSE: CHARITABLE | $4,000 |
ST JUDE HOSPITAL PURPOSE: CHARITABLE | $4,000 |
Raleigh, NC PURPOSE: CHARITABLE | $3,000 |
FAMILY PROMISE PURPOSE: CHARITABLE | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cf Foundation Inc Atlanta, GA | $60,851,215 | $5,130,874 |
The David Belk Cannon Foundation Gastonia, NC | $0 | $4,765,855 |
World Poultry Foundation Inc Tucker, GA | $28,014,565 | $2,601,293 |
Seymour Family Foundation Irrev Charitable Trust Uad 12-21-15 Charlotte, NC | $3,421,952 | $6,290,943 |
Waterfall Foundation Inc Atlanta, GA | $17,781,141 | $467,284 |
Ted And Drama Russell Family Foundation Knoxville, TN | $97,704,141 | $6,828,732 |
Commonwealth Foundation V Richmond, VA | $38,532,929 | $6,620,642 |
Commonwealth Foundation Iv Richmond, VA | $38,533,029 | $6,621,693 |
R E B Foundation Richmond, VA | $74,287,615 | $7,129,947 |
Wythe-Bland Foundation Wytheville, VA | $49,336,372 | $2,855,357 |
National Heritage Foundation Inc Ashburn, VA | $4,189,529 | $1,236,211 |
Charity Assets Trust Cumming, GA | $3,483 | $1,605,049 |