Gearldene And Glenn Hicks Educational Tr
- Assets
- $1.3m
- Revenue
- $375.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Fort Smith, AR
- Founding
- Data as of
- 12/2021
- EIN
- 38-7267353
Organization Overview
Gearldene And Glenn Hicks Educational Tr is located in Fort Smith, AR. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Gearldene And Glenn Hicks Educational 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 12/2021, Gearldene And Glenn Hicks Educational Tr generated $375.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.4%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Orvin Foster Trustee | 0 | $1,200 | |
Nina Moore Trustee | 0 | $1,200 | |
Jill Rowland First National Bank Of Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $346,938 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,559 |
| Capital Gain Net Income | $9,103 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $375,090 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,951 |
| Contributions, gifts, grants paid | $12,263 |
| Total expenses and disbursements | $39,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,981 |
| Savings and temporary cash investments | $0 |
| 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 | $29,000 |
| Other assets | $0 |
| Total assets | $1,323,752 |
| 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, Gearldene And Glenn Hicks Educational Tr has awarded $12,263 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN ARKANSAS UNIVERSITY PURPOSE: SCHOLARSHIP PAYMENT | $9,287 |
NATIONAL PARK COLLEGE PURPOSE: SCHOLARSHIP PAYMENT | $2,976 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |