Higgins Fam Foundation Tr
- Assets
- $1.7m
- Revenue
- $107.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2000
- Data as of
- 09/2023
- EIN
- 05-6121825
Organization Overview
Higgins Fam Foundation Tr is located in Dallas, TX. The organization was established in 2000. 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. Higgins Fam Foundation 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 09/2023, Higgins Fam Foundation Tr generated $107.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $162.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Higgins Fam Foundation Tr has awarded 144 individual grants totaling $792,556. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $11,752 | |
Lauren Higgins Hancock Co-Fiduciary | 2 | $7,500 | |
Meg A Oliver Co-Fiduciary | 2 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,289 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,347 |
| Capital Gain Net Income | $50,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $29,252 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $220 |
| Total operating and administrative expenses | $32,858 |
| Contributions, gifts, grants paid | $130,000 |
| Total expenses and disbursements | $162,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,995 |
| 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 | $1,667,985 |
| 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 |
Grants Awarded
Over the last fiscal year, Higgins Fam Foundation Tr has awarded $130,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
TIGER ACADEMY PURPOSE: UNRESTRICTED GENERAL | $5,000 |
RHODY NOW METCALF INSTITUTE PURPOSE: UNRESTRICTED GENERAL | $1,000 |
PROVIDENCE COLLEGE PURPOSE: UNRESTRICTED GENERAL | $500 |
LITTLE COMPTON COMMUNITY CENTER PURPOSE: UNRESTRICTED GENERAL | $10,000 |
LITTLE COMPTON WELLNESS CENTER PURPOSE: UNRESTRICTED GENERAL | $1,000 |
URIFAE PURPOSE: UNRESTRICTED GENERAL | $10,000 |