Virginia Odonnell Charitable Tr
- Assets
- $5.2m
- Revenue
- $317.3k
- Investments
- $5.2m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 32-6332723
Organization Overview
Virginia Odonnell Charitable Tr is located in Fort Worth, TX. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Virginia Odonnell Charitable Tr 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, Virginia Odonnell Charitable Tr generated $317.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $427.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Virginia Odonnell Charitable Tr has awarded 72 individual grants totaling $2,550,690. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $138,860 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,400 |
| Capital Gain Net Income | $178,400 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $317,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,735 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,545 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $149 |
| Total operating and administrative expenses | $61,624 |
| Contributions, gifts, grants paid | $366,060 |
| Total expenses and disbursements | $427,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,518 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,177,183 |
| 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, Virginia Odonnell Charitable Tr has awarded $366,060 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS COUNCIL OF FORT WORTH AND TARR PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $18,303 |
CITY OF FORT WORTH LIBRARY PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $18,303 |
FORT WORTH STAR TELEGRAM - GOOD FEL PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $18,303 |
CIRCLE THEATRE PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $9,151 |
METHODIST CHILDREN'S HOME PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $54,909 |
FORT WORTH SYMPHONY ORCHESTRA PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $18,303 |