Ii Corinthians 9-7 Foundation
- Assets
- $4.5m
- Revenue
- $115.0k
- Investments
- $3.9m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-4299005
Organization Overview
Ii Corinthians 9-7 Foundation is located in Austin, TX. The organization was established in 2011. 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. Ii Corinthians 9-7 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 12/2022, Ii Corinthians 9-7 Foundation generated $115.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $271.3k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 7 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, Ii Corinthians 9-7 Foundation has awarded 253 individual grants totaling $1,929,126. 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 |
|---|---|---|---|
Charles J Anderson President | 0.25 | $0 | |
Theresa M Anderson Secretary / Treasurer | 0.5 | $0 | |
Leslie H Schievelbein Vice President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,494 |
| Interest on Savings | $16,378 |
| Dividends & Interest | $40,348 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,029 |
| Capital Gain Net Income | $36,029 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,737 |
| Total Revenue | $114,986 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,569 |
| Total operating and administrative expenses | $59,709 |
| Contributions, gifts, grants paid | $211,553 |
| Total expenses and disbursements | $271,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,653 |
| Savings and temporary cash investments | $0 |
| 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 | $289,718 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,213,094 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,883 |
| Total assets | $4,478,513 |
| 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 | $164,734 |
| Total liabilities | $164,734 |
Grants Awarded
Over the last fiscal year, Ii Corinthians 9-7 Foundation has awarded $211,553 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
VETRANS OF FOREIGN WARS PURPOSE: EDUCATIONAL SUPPORT | $38,672 |
AMERICAN CANCER SOCIETY PURPOSE: MEMORIUM BRENT EZZEL | $50 |
ASSC FRMR STUDENTS PURPOSE: GENERAL FUND | $103 |
AUSTIN PBS PURPOSE: GENERAL FUND | $250 |
BLUE SANTA PURPOSE: GENERAL FUND | $50 |
CARE PURPOSE: FOOD DONATIONS | $157 |