The Sophie S Bass Foundation
- Assets
- $676.3k
- Revenue
- $209.8k
- Investments
- $529.1k
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 11/2006
- Data as of
- 06/2023
- EIN
- 20-5327433
Organization Overview
The Sophie S Bass Foundation is located in Fort Worth, 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. Sophie S Bass 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 06/2023, Sophie S Bass Foundation generated $209.8k in total revenue. All expenses for the organization totaled $206.6k during the year ending 06/2023. While expenses have increased by 24.0% per year over the past 8 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 2016, Sophie S Bass Foundation has awarded 27 individual grants totaling $695,250. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee M Bass Director/vice President | 0 | $0 | |
Ardon E Moore III Director/sec/treas | 0 | $0 | |
Thomas W White Asst Sec/asst Treas | 0 | $0 | |
Ramona Seeligson Bass Director | 0 | $0 | |
Gary W Reese Asst Sec/asst Treas | 0 | $0 | |
Sophie Bass Crommett Director/president | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,831 |
| Dividends & Interest | $43,366 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $160,564 |
| Capital Gain Net Income | $160,564 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $209,761 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,595 |
| Total operating and administrative expenses | $6,595 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $206,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $998 |
| Savings and temporary cash investments | $146,130 |
| Net Accounts receivable | $30 |
| 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 | $676,251 |
| 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, The Sophie S Bass Foundation has awarded $200,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ONE SAFE PLACE PURPOSE: TO PREVENT CRIME AND VIOLENCE IN TARRANT COUNTY | $5,000 |
SAVE THE CHILDREN PURPOSE: IMPROVE LIVES OF CHILDREN WORLDWIDE | $10,000 |
NEXUS RECOVERY CENTER PURPOSE: TO PROVIDE WOMEN AND THEIR ACCOMPANYING CHILDREN IN OVERCOMING SUBSTANCE USE DISORDERS | $5,000 |
UT SOUTHWESTERN MEDICAL CENTER PURPOSE: TO PROVIDE SUPPORT FOR A HEALTHIER WORLD THROUGH DISCOVERY, HEALING AND EDUCATION | $100,000 |
CHILDRENS MEDICAL CENTER FOUNDATION PURPOSE: TO FACILITATE OPTIMAL HEALTH FOR CHILDREN | $75,000 |
SPECIAL FORCES CHARITABLE TRUST PURPOSE: TO PROVIDE SUPPORT TO OUR NATION'S SERVICE MEN AND THEIR FAMILIES | $5,000 |