Hilda Young And H D Failey Trust
- Assets
- $0.0
- Revenue
- $301.2k
- Investments
- $4.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1990
- Data as of
- 08/2022
- EIN
- 36-6887561
Organization Overview
Hilda Young And H D Failey Trust is located in Dallas, TX. The organization was established in 1990. 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. Hilda Young And H D Failey Trust 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 08/2022, Hilda Young And H D Failey Trust generated $301.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $362.2k during the year ending 08/2022. While expenses have increased by 8.3% per year over the past 6 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 2015, Hilda Young And H D Failey Trust has awarded 12 individual grants totaling $1,520,248. 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 | $97,766 |
| Profit on Inventory Sales | $0 |
| Other Income | $43 |
| Total Revenue | $301,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,497 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $70,792 |
| Contributions, gifts, grants paid | $291,380 |
| Total expenses and disbursements | $362,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hilda Young And H D Failey Trust has awarded $291,380 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PLIMOTH PLANTATION INC PURPOSE: UNRESTRICTED GENERAL | $145,690 |
SALVATION ARMY PURPOSE: UNRESTRICTED GENERAL | $145,690 |