Linford C & Mildred I White Foundation
- Assets
- $477.4k
- Revenue
- $16.2k
- Investments
- $459.5k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/1967
- Data as of
- 12/2023
- EIN
- 06-6025573
Organization Overview
Linford C & Mildred I White Foundation is located in Dallas, TX. The organization was established in 1967. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Linford C & Mildred I White Foundation 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, Linford C & Mildred I White Foundation generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $30.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,588 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,314 |
| Capital Gain Net Income | $2,314 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,339 |
| Total Revenue | $16,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,621 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $404 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $280 |
| Total operating and administrative expenses | $7,867 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $30,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,908 |
| 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 | $477,359 |
| 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, Linford C & Mildred I White Foundation has awarded $23,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COVENANT TO CARE FOR CHILDREN PURPOSE: UNRESTRICTED GENERAL | $3,000 |
OPERATION FUEL PURPOSE: UNRESTRICTED GENERAL | $5,000 |
CHILDRENS' LAW CENTER OF CT PURPOSE: UNRESTRICTED GENERAL | $5,000 |
SHAKESPERIENCE PRODUCTIONS INC PURPOSE: UNRESTRICTED GENERAL | $5,000 |
WATERBURY SYMPHONY ORCHESTRA PURPOSE: UNRESTRICTED GENERAL | $5,000 |