#279 of 500 · Foundation / Grantmaker / DAF

Lettie Pate Evans Foundation Inc Trustee Of The Restricted Fund Uw

EIN 23-7282939 · GA · NTEE T900 · Form 990, fiscal 2023

This is the restricted fund of the Lettie Pate Evans Foundation, an Atlanta, Georgia private foundation created from the estate of Lettie Pate Whitehead Evans, an early director of The Coca-Cola Company. The restricted fund provides fixed annual distributions mandated by Mrs. Evans's will to a set of designated nonprofit beneficiaries, chiefly educational institutions, hospitals and cultural organizations in Georgia and Virginia. The broader foundation makes grants for education and arts and culture, primarily in metro Atlanta and Georgia.

Financials, fiscal 2023

Revenue

$540.6M

Expenses

$126.1M

Total assets

$3.97B

Net assets

$3.94B

Operating margin

76.7%

1-year growth

-2.0%

5-year growth (CAGR)

27.8%

Reserve (years of spending)

375.1

Contributions share

n/a

Programme spending

0.0%

Fundraising cost

n/a

Executive pay share

0.42%

Employees

14

Revenue per employee

$38.6M

Grants paid

$122.8M

Years filing

50

NFP Health Score: 81 / 100

Financial 63 · Governance 100 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The Lettie Pate Evans Foundation invests in education and arts and culture to improve quality of life.

Revenue history