Paul E Andrews Jr Foundation is located in Fort Worth, TX. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul E Andrews Jr 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, Paul E Andrews Jr Foundation generated $4.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $5.1m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 4 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, Paul E Andrews Jr Foundation has awarded 304 individual grants totaling $25,044,564. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/president | 1 | $0 | |
Name Not Listed Executive Director/secretary | 30 | $136,404 | |
Name Not Listed Treasurer/vice-President | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,460,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,206,041 |
| Capital Gain Net Income | $2,126,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $367,702 |
| Total Revenue | $4,034,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $144,647 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $47,598 |
| Taxes | $141,901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $150 |
| Printing and publications | $0 |
| Other expenses | $4,755 |
| Total operating and administrative expenses | $568,644 |
| Contributions, gifts, grants paid | $4,562,564 |
| Total expenses and disbursements | $5,131,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,554,171 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $186,963 |
| 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 | $85,835,679 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $97,141,437 |
| 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, Paul E Andrews Jr Foundation has awarded $4,562,564 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY 4 PURPOSE: OPERATING FUNDS | $25,000 |
ALL SAINTS HEALTH FOUNDATION PURPOSE: ANDREWS WOMENS HOSPITAL | $870,564 |
AMERICAN CANCER SOCIETY PURPOSE: PATIENT SUPPORT | $25,000 |
AMERICAN RED CROSS PURPOSE: BLOOD SERVICES - BIO MED | $20,000 |
BOTANICAL RESEARCH INSTITUTE OF TEXAS PURPOSE: FAMILY GARDEN | $250,000 |
BOYS & GIRLS CLUBS OF GREATER FORT WORTH PURPOSE: ACADEMIC SUCCESS INITATIVE | $50,000 |