Graves Technologies Foundation
- Assets
- $3.1m
- Revenue
- $50.4k
- Investments
- $3.0m
- Employees
- 0
- Location
- Mesa, AZ
- Founding
- Data as of
- 12/2022
- EIN
- 84-4066874
Organization Overview
Graves Technologies Foundation is located in Mesa, AZ. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Graves Technologies 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 12/2022, Graves Technologies Foundation generated $50.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.0%) each year. All expenses for the organization totaled $103.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Graves Technologies Foundation has awarded 59 individual grants totaling $589,220. 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 |
|---|---|---|---|
Jennifer Graves Director | 0.15 | $0 | |
George Graves Director | 0.15 | $0 | |
Alexander Graves Director | 0.15 | $0 | |
Geoffrey Winegar Director | 0.15 | $0 | |
Angela Winegar Director | 0.15 | $0 | |
Everett Graves Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $516 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$137 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,381 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,586 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $344 |
| Total operating and administrative expenses | $8,261 |
| Contributions, gifts, grants paid | $95,150 |
| Total expenses and disbursements | $103,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,778 |
| Savings and temporary cash investments | $6,800 |
| 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 | $3,076,710 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $5,150 |
| 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 | $5,150 |
Grants Awarded
Over the last fiscal year, Graves Technologies Foundation has awarded $95,150 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY PURPOSE: CHARITABLE, EDUCATIONAL & SCIENTIFIC | $5,000 |
CLEAN AIR TASK FORCE INC PURPOSE: CHARITABLE, EDUCATIONAL & SCIENTIFIC | $5,000 |
DIGDEEP RIGHT TO WATER PROJECT PURPOSE: CHARITABLE, EDUCATIONAL & SCIENTIFIC | $5,000 |
HOSPITAL DE LA FAMILIA FOUNDATION PURPOSE: CHARITABLE, EDUCATIONAL & SCIENTIFIC | $5,150 |
HUMAN RIGHTS WATCH INC PURPOSE: CHARITABLE, EDUCATIONAL & SCIENTIFIC | $10,000 |
JDRF INTERNATIONAL PURPOSE: CHARITABLE, EDUCATIONAL & SCIENTIFIC | $5,000 |