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Wm I H & Lula E Pitts Foundation is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 1945. It holds total assets of $52.8M. Annual income is reported at $33.8M. Total assets have grown from $41.4M in 2011 to $50.8M in 2023. The foundation is governed by 10 officers and trustees. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Georgia. According to available records, Wm I H & Lula E Pitts Foundation has made 13 grants totaling $4.9M, with a median grant of $255K. Individual grants have ranged from $30K to $1M, with an average award of $378K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$150K
Average Grant
$368K
Largest Grant
$1.1M
Based on 12 grants from the most recent 990-PF filing.
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.
Wm I H & Lula E Pitts Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in GA.
Wm I H & Lula E Pitts Foundation has distributed a total of $4.9M across 13 grants. The median grant size is $255K, with an average of $378K. Individual grants have ranged from $30K to $1M.
The application deadline is MARCH 1. Limited to georgia.
Wm I H & Lula E Pitts Foundation is headquartered in ORLANDO, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $264K | $0 | $264K |
| Elizabeth Ogie | BOARD MEMBER | $0 | $0 | N/A |
| Bishop Mike Watson | CHAIRMAN | $0 | $0 | N/A |
| Dan Mcalexander | BOARD MEMBER | $0 | $0 | N/A |
| Linda Buchanan | BOARD MEMBER | $0 | $0 | N/A |
| Jenna Kelly | BOARD MEMBER | $0 | $0 | N/A |
| Bishop James E Swanson | BOARD MEMBER | $0 | $0 | N/A |
| Ralph R Morrison | BOARD MEMBER | $0 | $0 | N/A |
| Philip Millians | BOARD MEMBER | $0 | $0 | N/A |
| Jenner Wood | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$5.3M
Total Assets
$50.8M
Fair Market Value
$102.8M
Net Worth
$50.8M
Grants Paid
$4.9M
Contributions
N/A
Net Investment Income
$2.5M
Distribution Amount
$4.9M
Total: $7M
Total Grants
13
Total Giving
$4.9M
Average Grant
$378K
Median Grant
$255K
Unique Recipients
13
Most Common Grant
$150K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Andrew CollegeGENERAL OPERATING | Cuthbert, GA | $1M | 2022 |
| Lagrange CollegeGENERAL OPERATING | Lagrange, GA | $1M | 2022 |
| Emory University Chandler SchoolGENERAL OPERATING | Atlanta, GA | $750K | 2022 |
| General Board Of Global MinistriesGENERAL OPERATING | Atlanta, GA | $450K | 2022 |
| Wesleyan CollegeGENERAL OPERATING | Macon, GA | $437K | 2022 |
| Epworth By The SeaGENERAL OPERATING | St Simons Island, GA | $300K | 2022 |
| Methodist Home For Children & YouthGENERAL OPERATING | Macon, GA | $255K | 2022 |
| Reinhardt UniversityGENERAL OPERATING | Waleska, GA | $200K | 2022 |
| Young Harris CollegeGENERAL OPERATING | Young Harrsi, GA | $150K | 2022 |
| The United Methodist Children'S HomeGENERAL OPERATING | Tucker, GA | $150K | 2022 |
| The Vashti Center IncGENERAL OPERATING | Thomasville, GA | $50K | 2022 |
| Open Door Community HouseGENERAL OPERATING | Columbus, GA | $50K | 2022 |
| Wesley Glen MinistriesGENERAL OPERATING | Macon, GA | $30K | 2022 |