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Also known as: FOUNDATION INC
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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. The foundation is governed by 8 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 |
|---|---|---|---|---|
| Jane Jackson Highsmith | SECRETARY | $0 | $0 | N/A |
| Kathy Bradley | CHAIR | $0 | $0 | N/A |
| Frank Fortune | DIRECTOR | $0 | $0 | N/A |
| Albert Burke | TREASURER | $0 | $0 | N/A |
| Melissa Averitt Potter | DIRECTOR | $0 | $0 | N/A |
| Elizabeth Ormsbee | DIRECTOR | $0 | $0 | N/A |
| Bradley W Holmes | DIRECTOR | $0 | $0 | N/A |
| Aubrey Highsmith | DIRECTOR | $0 | $0 | N/A |
Total Giving
$243K
Total Assets
$3.1M
Fair Market Value
$3.4M
Net Worth
$3.1M
Grants Paid
$178K
Contributions
N/A
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 |