Snowdrop Foundation Inc
- Assets
- $409.6k
- Revenue
- $612.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Houston, TX
- Founding
- 06/2006
- Data as of
- 08/2023
- EIN
- 20-4478536
Organization Overview
Snowdrop Foundation Inc is located in Houston, TX. The organization was established in 2006. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 08/2023, Snowdrop Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Snowdrop Foundation Inc 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 08/2023, Snowdrop Foundation Inc generated $612.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $600.5k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Snowdrop Foundation Inc has awarded 42 individual grants totaling $1,797,093. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SNOWDROP FOUNDATION PROVIDES SCHOLARSHIPS FOR COLLEGE BOUND PEDIATRIC CANCER PATIENTS AND CHILDHOOD CANCER SURVIVORS WHILE RAISING AWARENESS AND FUNDING FOR CONTINUED RESEARCH TO CURE CHILDHOOD CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
94 SCHOLARSHIPS TO STUDENTS WHO ARE CANCER SURVIVORS AND CANCER PATIENT'S NATION WIDE.
CANCER RESEARCH PROGRAM
TEEN DEVELOPMENT PROGRAM - RACE MEDALS TO CHILDREN AT TEXAS CHILDREN'S CANCER CENTER TO RECOGNIZE AND CELEBRATE THEIR BRAVERY. EASTER BASKETS TO THE IN-PATIENT ROOMS AT TEXAS CHILDREN'S CANCER CENTER. TOY DROP DISTRIBUTED TOYS THROUGHOUT THE YEAR TO CHILDREN AT THE CENTER.
AWARENESS PROGRAM - INTERNATIONAL FILM CIRCUIT DOCUMENTARY HOPE. FILM FESTIVAL AND GUEST EVENT SPEAKER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Kline Non Vote Dir | OfficerTrustee | 40 | $40,869 |
Jamie Benard Director | Trustee | 2 | $0 |
Judy Laken Director | Trustee | 2 | $0 |
Zoann Dreyer MD Director | Trustee | 2 | $0 |
Jayme Sperring Director | Trustee | 2 | $0 |
Kevin Kline Non Vote Pre | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $225,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,529 |
| Total Program Service Revenue | $0 |
| Investment income | $7,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,049 |
| Net Income from Fundraising Events | $384,286 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $612,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $84,800 |
| Grants and other assistance to domestic individuals. | $380,816 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,633 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $120 |
| Office expenses | $1,152 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,054 |
| Travel | $1,892 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $337 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143 |
| Insurance | $7,157 |
| All other expenses | $9,633 |
| Total functional expenses | $600,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,409 |
| Savings and temporary cash investments | $305,864 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,798 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $240 |
| Total assets | $409,599 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $409,599 |
| Total liabilities and net assets/fund balances | $409,599 |
Grants Awarded
Over the last fiscal year, Snowdrop Foundation Inc has awarded $333,493 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS CHILDRENS CANCER CENTER PURPOSE: CANCER RESEARCH | $84,800 |
SNOWDROP SCHOLARSHIP PROGRAM PURPOSE: SCHOLARSHIP | $248,693 |