Cerimon Fund
- Assets
- $3.8m
- Revenue
- $113.3k
- Investments
- $3.6m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/1965
- Data as of
- 01/2024
- EIN
- 13-6069576
Organization Overview
Cerimon Fund is located in Dallas, TX. The organization was established in 1965. 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. Cerimon Fund 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 01/2024, Cerimon Fund generated $113.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $239.8k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cerimon Fund has awarded 18 individual grants totaling $713,225. 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 Co Trustee | 1 | $49,830 | |
Patricia Davidson Co Trustee | 1 | $5,405 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $96,347 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,040 |
| Capital Gain Net Income | $8,040 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,884 |
| Total Revenue | $113,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,235 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,103 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,074 |
| Total operating and administrative expenses | $60,412 |
| Contributions, gifts, grants paid | $179,400 |
| Total expenses and disbursements | $239,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $168,661 |
| 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 | $3,769,372 |
| 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, Cerimon Fund has awarded $179,400 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ST GEORGE'S SCHOOL PURPOSE: UNRESTRICTED GENERAL | $16,000 |
WESTOVER SCHOOL PURPOSE: UNRESTRICTED GENERAL | $900 |
TEACHERS AND WRITERS COLLABORATIVE INC PURPOSE: UNRESTRICTED GENERAL | $80,000 |
VASSAR COLLEGE PURPOSE: UNRESTRICTED GENERAL | $13,000 |
THE LAWRENCEVILLE SCHOOL PURPOSE: SCHOLARSHIPS | $69,500 |