funder logo

THE JAMES W AND FRANCES GIBSON MCGLOTHLIN FOUNDATION

THE JAMES W AND FRANCES GIBSON MCGLOTHLIN FOUNDATION

Bristol, VA, US
501(c)3
EIN
26-3533035
Private Foundation
Family Foundation
Regional Funder
funder logo

THE JAMES W AND FRANCES GIBSON MCGLOTHLIN FOUNDATION

Bristol, VA, US
501(c)3
EIN
26-3533035
Private Foundation
Family Foundation
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$61,690,026

Investments
82%
Cash & Equivalents
9%
Other Assets
8%
Prepaid Expenses
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$297,828

Grants Payable
76%
Payables & Accruals
22%
Other Liabilities
3%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$3,406,710
$5,330,431
+56%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,137,946
$1,137,945
0%
Investments
$43,787,442
$50,549,722
+15%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$4,050,841
$4,671,928
+15%
Total Assets
$52,382,939
$61,690,026
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$28,136
$64,246
+128%
Grants Payable
$525,423
$225,000
-57%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,959
$8,582
+73%
Total Liabilities
$558,518
$297,828
-47%
Net assets
2023
2024
Change
Restricted Net Assets
$16,675,007
$45,823,726
+175%
Unrestricted Net Assets
$35,149,414
$15,568,472
-56%
Net assets
2023
2024
Change
Net assets
+$51,824,421
+$61,392,198
+18%
Balance Sheet
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