Stephen C Luce Foundation 14-3300800070 is located in Dallas, 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. Stephen C Luce Foundation 14-3300800070 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 02/2024, Stephen C Luce Foundation 14-3300800070 generated $329.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $533.4k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Stephen C Luce Foundation 14-3300800070 has awarded 96 individual grants totaling $3,684,936. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $250,562 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,799 |
| Capital Gain Net Income | $77,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $670 |
| Total Revenue | $329,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $88,999 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,084 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,632 |
| Total operating and administrative expenses | $105,965 |
| Contributions, gifts, grants paid | $427,430 |
| Total expenses and disbursements | $533,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,693 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $9,688,474 |
| 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 |
Over the last fiscal year, Stephen C Luce Foundation 14-3300800070 has awarded $427,430 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ST AUGUSTINE'S PARISH TISBURY PURPOSE: UNRESTRICTED GENERAL | $10,258 |
TRUSTEES OF CHRIST METHODIST CHURCH PURPOSE: UNRESTRICTED GENERAL | $10,258 |
BOSTON SEAMAN'S FRIEND SOC INC PURPOSE: UNRESTRICTED GENERAL | $6,839 |
MARTHA'S VINEYARD HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $113,982 |
MASONIC EDUCATION CHARITY TRUST PURPOSE: UNRESTRICTED GENERAL | $113,982 |
TTEES OF GRACE EPISCOPAL CHURCH PURPOSE: UNRESTRICTED GENERAL | $10,258 |