Clark and Wanda Bass Family Foundation
- Assets
- $550.9k
- Revenue
- $41.3k
- Investments
- $507.3k
- Employees
- 0
- Location
- McAlester, OK
- Founding
- Data as of
- 12/2017
- EIN
- 31-1645055
Organization Overview
Clark and Wanda Bass Family Foundation is located in McAlester, OK.
For the year ending 12/2017, Clark and Wanda Bass Family Foundation generated $41.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $26.5k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boyd C Bass Director | 1 | $0 | |
Louise Bass Director | 1 | $0 | |
Carlton C Bass Director | 1 | $0 | |
Boyd C Bass Director | 1 | $0 | |
Louise Bass Director | 1 | $0 | |
Carlton C Bass Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $687 |
| Dividends & Interest | $40,637 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,985 |
| Contributions, gifts, grants paid | $18,500 |
| Total expenses and disbursements | $26,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,123 |
| 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 | $440 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $499,777 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $550,881 |
| 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, Clark and Wanda Bass Family Foundation has awarded $37,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: SUPPORT OF HOME FIRE RELIEF CAMPAIGN. | $1,000 |
SHARED BLESSINGS PURPOSE: CONTRIBUTION TO GENERAL FUND FOR SUPPORT OF DISTRIBUTION OF CLOTHING AND FOOD TO FAMILIES IN NEED AND FOOD PROGRAM FOR CHILDRENS' HUNGER PREVENTION. | $10,000 |
HOPE HOUSE OF MCALESTER INC PURPOSE: TO SUPPORT THE PROGRAMS OFFERED BY THE HOPE HOUSE OF MCALESTER FOR HOMELESS WOMEN AND THEIR FAMILIES. | $5,000 |
LEADERSHIP OKLAHOMA PURPOSE: TO SUPPORT THE ACTIVITIES OF THE ORGANIZATION IN FOSTERING FUTURE OKLAHOMA CIVIC LEADERS. | $1,000 |
COMMUNITY FOOD BANK OF EASTERN OKLA PURPOSE: TO ASSIST IN THE FUNDING OF HOLIDAY MEAL PROGRAM IN MCALESTER, OK, AREA. | $1,500 |
AMERICAN RED CROSS PURPOSE: SUPPORT OF HOME FIRE RELIEF CAMPAIGN. | $1,000 |