Gary Patterson Foundation
- Assets
- $520.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Worth, TX
- Founding
- 11/2002
- Data as of
- 12/2023
- EIN
- 27-0025657
Organization Overview
Gary Patterson Foundation, operating under the name The Big Good, is located in Fort Worth, TX. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public 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. Big Good 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, Big Good generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 30.4% per year over the past 9 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 2015, Big Good has awarded 29 individual grants totaling $2,490,568. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BIG GOOD IS A TAX-EXEMPT, NON-PROFIT ORGANIZATION DEDICATED TO THE SUPPORT OF ECONOMICALLY DISADVANTAGED CHILDREN IN AND AROUND FT. WORTH, TX. THE FOUNDATION PROVIDES FUNDING FOR PROGRAMS AND SCHOLARSHIPS THAT FOCUS ON EDUCATION AND LIFESKILLS, AS WELL AS HEALTH AND FAMILY ISSUES IN THE FT. WORTH COMMUNITY. THE FOUNDATION STRIVES TO MAKE A DIFFERENCE IN THE COMMUNITY THROUGH BETTER EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BIG GOOD PROVIDED GRANTS DURING 2023 TO A NUMBER OF FT. WORTH SCHOOLS AND OTHER NON-PROFIT ORGANIZATIONS THAT ARE INVOLVED WITH ADMINISTERING EDUCATIONAL PROGRAMS FOR ECONOMICALLY CHALLENGED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Patterson President | OfficerTrustee | 1 | $0 |
Kelsey Patterson Secretary | OfficerTrustee | 1 | $0 |
Dean Hayes Director | Trustee | 1 | $0 |
Irene Hayes Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tannahill's Tavern & Music Hall Event Rent | 12/30/23 | $217,389 |
Jhl Consulting Consulting, Marketing, Planning | 12/30/23 | $198,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,400 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,076,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,121,114 |
| Total Program Service Revenue | $0 |
| Investment income | $9,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,819 |
| Net Income from Fundraising Events | $345,238 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,527,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,080,653 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,174 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $199,261 |
| Advertising and promotion | $1,256 |
| Office expenses | $8,354 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $276 |
| Travel | $331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,366,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,838 |
| Savings and temporary cash investments | $373,912 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $520,750 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $983 |
| Total liabilities | $983 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $519,767 |
| Total liabilities and net assets/fund balances | $520,750 |
Grants Awarded
Over the last fiscal year, Gary Patterson Foundation has awarded $1,074,999 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FORT WORTH CRADLE TO CAREER PURPOSE: TO SUPPORT CRADLE TO CAREER PROGRAM | $333,333 |
PRESBYTERIAN NIGHT SHELTER PURPOSE: TO GUIDE THE JOURNEY FROM HOMELESS TO HOME | $333,333 |
UNITED COMMUNITY CENTERS INC PURPOSE: TO SERVE AND EMPOWER THOSE IN NEED | $333,333 |
TARRANT AREA FOOD BANK PURPOSE: TO EMPOWER COMMUNITIES TO ELIMINATE HUNGER BY PROVIDING FOOD, EDUCATION, AND RESOURCES | $75,000 |