Massey Family Foundation
- Assets
- $0.0
- Revenue
- $823.3k
- Investments
- $10.2m
- Employees
- 0
- Location
- Durant, OK
- Founding
- 12/2004
- Data as of
- 12/2020
- EIN
- 43-2065394
Organization Overview
Massey Family Foundation is located in Durant, OK. The organization was established in 2004. 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. Massey 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 12/2020, Massey Family Foundation generated $823.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Massey Family Foundation has awarded 72 individual grants totaling $3,051,730. 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 |
|---|---|---|---|
Gregory L Massey Vice President | 1 | $0 | |
Steve Burrage Director | 1 | $0 | |
John L Massey President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $301,422 |
| Dividends & Interest | $193,147 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $823,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $8,471 |
| Contributions, gifts, grants paid | $1,201,935 |
| Total expenses and disbursements | $1,210,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,915,400 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Massey Family Foundation has awarded $340,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
IMAGINE DURANT - BLUE ZONE PROJECT PURPOSE: OPERATING FUNDS | $150,000 |
OSU FOUNDATION PURPOSE: BUILDING FUND | $100,000 |
FOLDS OF HONOR PURPOSE: OPERATING FUNDS | $55,000 |
OKLAHOMA CITY NATIONAL MEMORIAL PURPOSE: OPERATING FUNDS | $25,000 |
Dallas, TX PURPOSE: OPERATING FUNDS | $5,000 |
AMERICAN INDIAN CULTURE CENTER PURPOSE: OPERATING FUNDS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |