Leo Daniel Foundation
- Assets
- $9.3m
- Revenue
- $1.3m
- Investments
- $8.2m
- Employees
- 0
- Location
- Kerrville, TX
- Founding
- 08/2006
- Data as of
- 12/2020
- EIN
- 20-5086929
Organization Overview
Leo Daniel Foundation is located in Kerrville, TX. The organization was established in 2006. 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. Leo Daniel 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 12/2020, Leo Daniel Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $734.9k during the year ending 12/2020. While expenses have increased by 16.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Leo Daniel Foundation has awarded 109 individual grants totaling $2,158,018. 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 |
|---|---|---|---|
Daniel Grundhoefer Treasurer | 1 | $0 | |
Bryan Grundhoefer President | 1 | $0 | |
Mary Jo Grundhoefer Vice President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $848,108 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $441,930 |
| Capital Gain Net Income | $441,930 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,154 |
| Total Revenue | $1,296,192 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,024 |
| Total operating and administrative expenses | $123,374 |
| Contributions, gifts, grants paid | $611,560 |
| Total expenses and disbursements | $734,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,122,850 |
| 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 | $1,306,844 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $222 |
| Total assets | $9,287,713 |
| 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, Leo Daniel Foundation has awarded $620,103 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
THE ALEXANDER HOUSE PURPOSE: SUPPORT PROGRAMS AND OPERATIONS | $229,000 |
NOTRE DAME CATHOLIC CHURCH PURPOSE: SUPPORT PROGRAMS AND OPERATIONS | $200,700 |
BAYLOR UNIVERSITY PURPOSE: SUPPORT PROGRAMS AND OPERATIONS | $40,000 |
San Antonio, TX PURPOSE: SUPPORT PROGRAMS AND OPERATIONS | $30,000 |
GUADALUPE RADIO NETWORK PURPOSE: SUPPORT PROGRAMS AND OPERATIONS | $25,000 |
UNIVERSITY OF TEXAS PURPOSE: SUPPORT PROGRAMS AND OPERATIONS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |