Daniel & Louise M Shipman Charity Fund
- Assets
- $13.6m
- Revenue
- $464.7k
- Investments
- $13.1m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1900
- Data as of
- 04/2024
- EIN
- 36-6038534
Organization Overview
Daniel & Louise M Shipman Charity Fund is located in Dallas, TX. The organization was established in 1900. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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.
For the year ending 04/2024, Daniel & Louise M Shipman Charity Fund generated $464.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $634.8k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Daniel & Louise M Shipman Charity Fund has awarded 45 individual grants totaling $5,560,857. 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 | $0 |
| Dividends & Interest | $347,672 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $94,864 |
| Capital Gain Net Income | $94,864 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,125 |
| Total Revenue | $464,661 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $116,035 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,605 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,452 |
| Total operating and administrative expenses | $137,342 |
| Contributions, gifts, grants paid | $497,488 |
| Total expenses and disbursements | $634,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $431,630 |
| 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 | $13,576,692 |
| 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, Daniel & Louise M Shipman Charity Fund has awarded $497,488 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GLENWOOD SCHOOL FOR BOYS PURPOSE: UNRESTRICTED GENERAL | $111,709 |
CHICAGO HOME FOR INCURABLES PURPOSE: UNRESTRICTED GENERAL | $111,709 |
ADMIRAL AT THE LAKE PURPOSE: UNRESTRICTED GENERAL | $50,652 |
RUSH PRESBYTERIAN AT ST LUKE'S MEDICAL PURPOSE: UNRESTRICTED GENERAL | $111,709 |
NORTHWESTERN MEMORIAL FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $111,709 |