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Also known as: FOUNDATION INC
Jack N & Addie D Averitt Foundation Inc. is a private corporation based in STATESBORO, GA. The foundation received its IRS ruling in 1994. It holds total assets of $3.3M. Annual income is reported at $516K. According to available records, Jack N & Addie D Averitt Foundation Inc. has made 2 grants totaling $176K, with a median grant of $88K. Individual grants have ranged from $82K to $94K, with an average award of $88K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Jack N & Addie D Averitt Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in GA.
Jack N & Addie D Averitt Foundation Inc. has distributed a total of $176K across 2 grants. The median grant size is $88K, with an average of $88K. Individual grants have ranged from $82K to $94K.
Jack N & Addie D Averitt Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jack N & Addie D Averitt Foundation Inc. is headquartered in STATESBORO, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley W Holmes | DIRECTOR | $0 | $0 | $0 |
| Aubrey Highsmith | DIRECTOR | $0 | $0 | $0 |
| Jane Jackson Highsmith | SECRETARY | $0 | $0 | $0 |
| Kathy Bradley | CHAIR | $0 | $0 | $0 |
| Frank Fortune | DIRECTOR | $0 | $0 | $0 |
Total Giving
$243K
Total Assets
$3.1M
Fair Market Value
$3.4M
Net Worth
$3.1M
Grants Paid
$178K
Contributions
$0
Net Investment Income
$84K
Distribution Amount
$123K
Total: $1.7M
Total Grants
2
Total Giving
$176K
Average Grant
$88K
Median Grant
$88K
Unique Recipients
2
Most Common Grant
$94K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gsu Foundation IncEDUCATION - SCHOLARSHIPS | Statesboro, GA | $94K | 2022 |
| Bulloch County Historical SocietyHISTORIC PRESERVATION | Statesboro, GA | $82K | 2022 |
| Albert Burke |
| TREASURER |
| $0 |
| $0 |
| $0 |
| Melissa Averitt Potter | DIRECTOR | $0 | $0 | $0 |
| Elizabeth Ormsbee | DIRECTOR | $0 | $0 | $0 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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