Kimble Foundation Trust
- Assets
- $4.3m
- Revenue
- $225.9k
- Investments
- $4.2m
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 13-4308100
Organization Overview
Kimble Foundation Trust is located in Amarillo, TX. The organization was established in 2006. 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. Kimble Foundation Trust 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, Kimble Foundation Trust generated $225.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $274.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kimble Foundation Trust has awarded 214 individual grants totaling $1,423,250. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,188 |
| Dividends & Interest | $107,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $106,836 |
| Capital Gain Net Income | $106,836 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $225,915 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,039 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $681 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $44,220 |
| Contributions, gifts, grants paid | $230,000 |
| Total expenses and disbursements | $274,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $87,448 |
| 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 | $4,268,839 |
| 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, Kimble Foundation Trust has awarded $236,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
A WORLD FOR CHILDREN PURPOSE: FOSTER CHILDREN CHRISTMAS PARTY | $2,000 |
AMARILLO CHILDREN'S HOME PURPOSE: SUPPORT THE CHANGE OF ENDING PROGRAM | $7,500 |
AMARILLO TRI STATE EXPO PURPOSE: SCHOLARSHIP PROGRAM FOR LOCAL HIGH S | $10,000 |
AMARILLO COLLEGE-KID'S COLLEGE PURPOSE: SCHOLARSHIP PROGRAMS | $2,000 |
ANOTHER CHANCE HOUSE PURPOSE: RENOVATION OF VETERAN'S HOUSE | $10,000 |
AMARILLO WESLEY COMMUNITY CENTER PURPOSE: PURCHASE OF AFTER SCHOOL VAN | $5,000 |