Padgett Family Foundation
- Assets
- $942.7k
- Revenue
- $91.2k
- Investments
- $927.7k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- Data as of
- 12/2022
- EIN
- 43-1777915
Organization Overview
Padgett Family Foundation is located in Oklahoma City, OK. 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. Padgett Family Foundation 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 12/2022, Padgett Family Foundation generated $91.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $89.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Padgett Family Foundation has awarded 306 individual grants totaling $249,941. 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 |
|---|---|---|---|
Earl C Padgett Director | 1 | $0 | |
June B Padgett Director | 1 | $0 | |
Sherman W Padgett Director | 1 | $0 | |
Susan Padgett Director | 1 | $0 | |
Noel Williams Director | 1 | $0 | |
Calvin Williams Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $80,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,418 |
| Capital Gain Net Income | $10,418 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $400 |
| Total Revenue | $91,177 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,608 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $168 |
| Total operating and administrative expenses | $5,278 |
| Contributions, gifts, grants paid | $84,251 |
| Total expenses and disbursements | $89,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,013 |
| 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 | $942,689 |
| 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, Padgett Family Foundation has awarded $84,251 in support to 102 organizations.
| Grant Recipient | Amount |
|---|---|
8TH AIR FORCE MUSEUM PURPOSE: GENERAL | $200 |
ALPHAPOINTE PURPOSE: GENERAL | $200 |
ALZHEIMER'S ASSOC PURPOSE: GENERAL | $400 |
AMERICAN AIR MUSEUM PURPOSE: GENERAL | $500 |
ALZHEIMER'S DISEASE RESEARCH PURPOSE: GENERAL | $200 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL | $200 |