Fred C Snyder Education Fund
- Assets
- $554.9k
- Revenue
- $19.9k
- Investments
- $521.0k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/1989
- Data as of
- 12/2023
- EIN
- 15-6021382
Organization Overview
Fred C Snyder Education Fund is located in Dallas, TX. The organization was established in 1989. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fred C Snyder Education 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 12/2023, Fred C Snyder Education Fund generated $19.9k 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 (7.4%) each year. All expenses for the organization totaled $44.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fred C Snyder Education Fund has awarded 61 individual grants totaling $286,109. 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 | $0 |
| Dividends & Interest | $15,138 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,033 |
| Capital Gain Net Income | $3,033 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,743 |
| Total Revenue | $19,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,419 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $458 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $418 |
| Total operating and administrative expenses | $18,663 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $44,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,917 |
| 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 | $554,947 |
| 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, Fred C Snyder Education Fund has awarded $26,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
RENSSELAER POLYTECHNIC INSTITUTE PURPOSE: SCHOLARSHIPS | $7,000 |
SUNY ALBANY PURPOSE: SCHOLARSHIPS | $2,000 |
CLARKSON UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,000 |
ROCHESTER INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIPS | $1,000 |
WIDENER UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,000 |
SUNY POLYTECHNIC INSTITUTE PURPOSE: SCHOLARSHIPS | $3,000 |