Whitehurst Family Foundation Inc
- Assets
- $15.1m
- Revenue
- $9.5m
- Investments
- $13.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3533466
Organization Overview
Whitehurst Family Foundation Inc is located in Atlanta, GA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whitehurst 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.
For the year ending 12/2021, Whitehurst Family Foundation Inc generated $9.5m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $78.2k during the year ending 12/2021. 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 |
|---|---|---|---|
Lauren E Whitehurst Co-President | 1 | $0 | |
James M Whitehurst Co-President | 1 | $0 | |
Frank Waterson Treasurer | 1 | $0 | |
John N Whitehurst Vice President | 1 | $0 | |
Emma N Whitehurst Vice President | 1 | $0 | |
Zachary Grant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,115,992 |
| Interest on Savings | $49 |
| Dividends & Interest | $283,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,083,280 |
| Capital Gain Net Income | $1,083,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,483,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,060 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $462 |
| Total operating and administrative expenses | $29,997 |
| Contributions, gifts, grants paid | $48,167 |
| Total expenses and disbursements | $78,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,065,264 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $73,174 |
| 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 | $15,097,316 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Queens University Of Charlotte Endowment Charlotte, NC | $185,539,015 | $2,324,123 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |