Line Family Foundation
- Assets
- $1.0m
- Revenue
- $48.4k
- Investments
- $1.0m
- Employees
- 0
- Location
- Tyler, TX
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-1608450
Organization Overview
Line Family Foundation is located in Tyler, 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. Line Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Line Family Foundation has awarded 24 individual grants totaling $318,037. 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 |
|---|---|---|---|
Scott Line Pres/trea/direc | 1.5 | $0 | |
Shannon Line Vp/sec/director | 0.25 | $0 | |
Alyson Goodman Director | 0.25 | $0 | |
Erin Du Toit Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $73 |
| Dividends & Interest | $58,594 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,254 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,965 |
| Total Revenue | $48,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $123 |
| Taxes | $715 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $3,408 |
| Contributions, gifts, grants paid | $55,004 |
| Total expenses and disbursements | $58,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,612 |
| 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 | $28,626 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,045,123 |
| 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, Line Family Foundation has awarded $53,005 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MISCELLANEOUS PURPOSE: CHARITABLE | $5 |
INSTITUTE FOR CREATION RESEARCH PURPOSE: EDUCATION, SUPPORT OF ANNUAL OPERATING EXPENSES. | $20,000 |
PRISON FELLOWSHIP MINISTRIES PURPOSE: SUPPORT THE ANNUAL OPERATING EXPENSES. | $15,000 |
SAMARITAN'S PURSE PURPOSE: SUPPORT ANNUAL OPERATING EXPENSES | $18,000 |