Three Sibs Foundation Inc
- Assets
- $5.3m
- Revenue
- $1.5m
- Investments
- $2.8m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2023
- EIN
- 85-3902996
Organization Overview
Three Sibs Foundation Inc is located in Atlanta, GA. 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. Three Sibs 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 12/2023, Three Sibs Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $164.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Three Sibs Foundation Inc has awarded 37 individual grants totaling $309,826. 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 |
|---|---|---|---|
Barbara K Harty President/trustee/chairperson | 0.4 | $0 | |
Nancy K Rigby Secretary And Treasurer | 5 | $0 | |
James C Kennedy Jr Vice President/trustee | 0.4 | $0 | |
Clay K Kennedy Vice President/trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,390,285 |
| Interest on Savings | $0 |
| Dividends & Interest | $138,493 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,672 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,525,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,782 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $385 |
| Total operating and administrative expenses | $14,619 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $164,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,549,012 |
| 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 | $5,338,078 |
| 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, Three Sibs Foundation Inc has awarded $150,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ABILIS PURPOSE: GENERAL OPERATING SUPPORT | $12,500 |
BOYS & GIRLS CLUB OF GREENWICH INC PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
CAPE COD CHILDREN'S PLACE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
COFFEE FOR GOOD INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
COUNTRY FOOD TRUST PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
FAMILY CENTERS INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |