Kendrick Foundation T-14999 State Street Bank & Trust Company Tr is located in Dallas, TX. The organization was established in 1980. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kendrick Foundation T-14999 State Street Bank & Trust Company Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Kendrick Foundation T-14999 State Street Bank & Trust Company Tr generated $67.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $131.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kendrick Foundation T-14999 State Street Bank & Trust Company Tr has awarded 48 individual grants totaling $386,556. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $23,434 | |
Sarah Nute Co-Trustee | 1 | $4,362 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$126 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,202 |
| Total Revenue | $67,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,796 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,689 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,211 |
| Total operating and administrative expenses | $37,591 |
| Contributions, gifts, grants paid | $93,694 |
| Total expenses and disbursements | $131,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,091 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,069,511 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Kendrick Foundation T-14999 State Street Bank & Trust Company Tr has awarded $93,694 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
GORDON-CONWELL SEMINARY INC PURPOSE: UNRESTRICTED GENERAL | $18,739 |
CHOSEN PEOPLE MINISTRIES FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $10,000 |
UNITED MINISTRIES PURPOSE: UNRESTRICTED GENERAL | $8,945 |
WORD RADIO EDUCATIONAL FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $8,800 |
CHRIST UNITED METHODIST CHURCH PURPOSE: UNRESTRICTED GENERAL | $6,500 |
NASHOTAH HOUSE THEOLOGICAL SEMINARY PURPOSE: UNRESTRICTED GENERAL | $9,855 |