Henry Foundation
- Assets
- $1.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 20-5861163
Organization Overview
Henry Foundation is located in Midland, TX. The organization was established in 2008. 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. Henry 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 12/2021, Henry Foundation generated $3.2m in total revenue. All expenses for the organization totaled $2.5m during the year ending 12/2021.
Since 2015, Henry Foundation has awarded 494 individual grants totaling $12,105,719. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juanita Castillejo Grant Officer | 40 | $134,463 | |
Lael Cordes-Pitts Executive Director | 40 | $133,206 | |
Dinah Doggett Adm. Asst. | 40 | $51,961 | |
Paula A Henry Vice Pres. | 0 | $0 | |
James C Henry President | 0 | $0 | |
Steve Pruett Vice Pres | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,175,000 |
| Interest on Savings | $848 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,175,848 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $133,206 |
| Other employee salaries and wages | $186,424 |
| Pension plans, employee benefits | $12,056 |
| Interest | $0 |
| Taxes | $24,519 |
| Depreciation | $225 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $342 |
| Printing and publications | $441 |
| Other expenses | $134,978 |
| Total operating and administrative expenses | $492,191 |
| Contributions, gifts, grants paid | $2,020,817 |
| Total expenses and disbursements | $2,513,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $979,466 |
| Savings and temporary cash investments | $23,869 |
| 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 | $113 |
| Other assets | $2,500 |
| Total assets | $1,005,948 |
| 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, Henry Foundation has awarded $2,020,817 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
IDEA PUBLIC SCHOOLS PURPOSE: PERMIAN BASIN LAUNCH:5 YEAR SUPPORT (2018-2022) | $400,000 |
Midland, TX PURPOSE: NEUROTHERAPY &PROF. COUNSELINGFEE ASSISTANCE | $168,000 |
Lubbock, TX PURPOSE: FUND FOR EXCELLENCE/PA EXPANSION @MIDLAND COLLEGE | $105,000 |
Midland, TX PURPOSE: GENERAL OPERATIONS/PROGRAM SUPPORT | $60,000 |
CASA DE AMIGOS OF MIDLAND INC PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $55,000 |
Midland, TX PURPOSE: GENERAL OPERATING SUPPORTAND IT EXPANSION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |