Ameris Bank Foundation Inc
- Assets
- $1.0m
- Revenue
- $1.1m
- Investments
- $25.9k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0945773
Organization Overview
Ameris Bank Foundation Inc is located in Atlanta, GA. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Ameris Bank 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.
For the year ending 12/2021, Ameris Bank Foundation Inc generated $1.1m in total revenue. All expenses for the organization totaled $148.5k during the year ending 12/2021. While expenses have increased by 98.2% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elna Klein-Kolarich Secretary | 1 | $0 | |
Michael Pierson Executive Director | 1 | $0 | |
Matthew Roux Treasurer | 1 | $0 | |
Cindi Lewis Director | 1 | $0 | |
H Palmer Proctor Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $483 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,100,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,035 |
| Total operating and administrative expenses | $35,037 |
| Contributions, gifts, grants paid | $113,500 |
| Total expenses and disbursements | $148,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $994,359 |
| 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 | $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 | $1,020,301 |
| 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, Ameris Bank Foundation Inc has awarded $113,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ASSOCIATION OF MINORITY CONTRACTORS PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Atlanta, GA PURPOSE: OPERATIONAL SUPPORT | $15,000 |
CHRISTOPHER'S HAVEN INC PURPOSE: OPERATIONAL SUPPORT | $14,000 |
MUSCULAR DYSTROPHY ASSOCIATION PURPOSE: OPERATIONAL SUPPORT | $12,000 |
Newnan, GA PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Dallas, TX PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |