Arch L Ferguson Foundation
- Assets
- $9.4m
- Revenue
- $3.2m
- Investments
- $8.9m
- Employees
- 0
- Location
- Arlington, TX
- Founding
- 04/1971
- Data as of
- 12/2023
- EIN
- 23-7103241
Organization Overview
Arch L Ferguson Foundation is located in Arlington, TX. The organization was established in 1971. 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. Arch L Ferguson 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 12/2023, Arch L Ferguson Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 70.7% each year . All expenses for the organization totaled $685.8k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 5 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 2020, Arch L Ferguson Foundation has awarded 205 individual grants totaling $483,300. 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 |
|---|---|---|---|
Gary Hood Pres/director | 40 | $122,400 | |
Edwin Bonneau Sec/treas/director | 1 | $0 | |
Scott Gage Director | 1 | $0 | |
Richard Gage Director | 1 | $0 | |
Randall Hood Vp/director | 30 | $72,000 | |
Jason Hood Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $97,870 |
| Interest on Savings | $5,956 |
| Dividends & Interest | $254,091 |
| Net Rental Income | -$17,387 |
| Net Gain on Sale of Assets | $2,653,887 |
| Capital Gain Net Income | $2,653,887 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $136,224 |
| Total Revenue | $3,178,902 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $205,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $126,798 |
| Interest | $17,216 |
| Taxes | $34,026 |
| Depreciation | $40,842 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $600 |
| Printing and publications | $2,899 |
| Other expenses | $68,345 |
| Total operating and administrative expenses | $561,760 |
| Contributions, gifts, grants paid | $124,050 |
| Total expenses and disbursements | $685,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $331,079 |
| Net Accounts receivable | $7,270 |
| 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 | $6,905 |
| Net Investments - land, buildings, equipment | $83,705 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,187,472 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,376,159 |
| 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, Arch L Ferguson Foundation has awarded $124,050 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
50TH ST CHURCH OF CHRIST PURPOSE: FOR MISSIONS/INDIA | $2,500 |
50TH ST CHURCH OF CHRIST PURPOSE: CHURCH BENOVOLENCE | $7,000 |
50TH ST CHURCH OF CHRIST PURPOSE: FOR BENEVOLENCE | $1,500 |
ANN MCLEAN PURPOSE: SUPLEMENTAL SUPPORT FOR MINISTERS AND RETIRED MINISTERS-WIDOW OF ROLAND MCLEAN | $1,700 |
ALICE KETCHERSID PURPOSE: SUPLEMENTAL SUPPORT FOR MINISTERS AND RETIRED MINISTERS | $1,700 |
ARLINGTON CHARITIES PURPOSE: BENEVOLENCE | $1,500 |