Willard E And Ella P Thompson Educational Fund
- Assets
- $3.8m
- Revenue
- $210.1k
- Investments
- $3.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/1958
- Data as of
- 12/2023
- EIN
- 36-6028029
Organization Overview
Willard E And Ella P Thompson Educational Fund is located in Dallas, TX. The organization was established in 1958. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willard E And Ella P Thompson Educational Fund 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, Willard E And Ella P Thompson Educational Fund generated $210.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $352.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Willard E And Ella P Thompson Educational Fund has awarded 16 individual grants totaling $291,641. 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 |
|---|---|---|---|
Bank Of America Trustee | 1 | $45,237 | |
Theresa Kuecker Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $142,375 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,704 |
| Capital Gain Net Income | $67,704 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $210,079 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,237 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,044 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $61,161 |
| Contributions, gifts, grants paid | $291,641 |
| Total expenses and disbursements | $352,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,647 |
| 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 | $3,834,631 |
| 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, Willard E And Ella P Thompson Educational Fund has awarded $291,641 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
N IOWA AREA COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $9,081 |
IOWA LAKES COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $53,572 |
IOWA CENTRAL COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $28,028 |
UPPER IOWA UNIVERSITY PURPOSE: SCHOLARSHIPS | $6,416 |
WALDORF UNIVERSITY PURPOSE: SCHOLARSHIPS | $3,500 |
LUTHER COLLEGE PURPOSE: SCHOLARSHIPS | $12,831 |