Fort Worth Colonial Charities Inc

Organization Overview

Fort Worth Colonial Charities Inc is located in Fort Worth, TX. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Worth Colonial Charities Inc 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, Fort Worth Colonial Charities Inc generated $492.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $530.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Fort Worth Colonial Charities Inc has awarded 205 individual grants totaling $2,127,947. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES AN OPPORTUNITY FOR OTHER CHARITABLE ORGANIZATIONS IN TARRANT COUNTY TO UTILIZE THE AWARENESS AND MAGNITUDE OF A PGA TOUR EVENT TO FURTHER GRANT-MAKING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING OTHER LOCAL CHARITABLE ORGANIZATIONS IN TARRANT COUNTY, TEXAS TO FURTHER THEIR FUNDRAISING INITIATIVES THROUGH THE GRANTS TO THESE LOCAL ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert L Patton Jr
Director
$0
Robert K Hood
Director
$0
Robert M Doby III
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$281,000
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$307,916
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$588,916
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$96,353
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $492,563

Grants Awarded

Over the last fiscal year, Fort Worth Colonial Charities Inc has awarded $470,836 in support to 35 organizations.

Grant RecipientAmount

MILITARY WARRIORS SUPPORT FOUNDATION

Org PageRecipient Profile

San Antonio, TX

PURPOSE: CHARITABLE GIVING

$54,000

THE FIRST TEE OF FORT WORTH

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: CHARITABLE GIVING

$52,865

Owasso, OK

PURPOSE: CHARITABLE GIVING

$45,000

CASA OF TARRANT COUNTY INC

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: CHARITABLE GIVING

$23,100

COMMUNITIES IN SCHOOLS OF GREATER TARRANT COUNTY

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: CHARITABLE GIVING

$22,234

PROJECTHANDUP DBA THE GATEHOUSE

Org PageRecipient Profile

Grapevine, TX

PURPOSE: CHARITABLE GIVING

$18,838
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Fort Worth Colonial Charities Inc has recieved totaling $285,000.

Awarding OrganizationAmount
Pga Tour Inc

Ponte Vedra Beach, FL

PURPOSE: GENERAL SUPPORT

$175,000
Alliance Texas Foundation

Fort Worth, TX

PURPOSE: PROVIDES AN OPPORTUNITY FOR OTHER CHARITABLE ORGANIZATIONS IN TARRANT COUNTY TO UTILIZE THE AWARENESS AND MAGNITUDE OF A PGA TOUR EVENT TO FURTHER GRANT MAKING.

$50,000
Bny Mellon Charitable Gift Fund

Boston, MA

PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE

$35,000
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: TO PATRIOTS OUTPOST AND HOME DONATION FOR OPERATING EXPENSES

$25,000
View Grant Recipient Profile

Endowment Analysis

Net Contributions$201,800
Grants$137,200
Ending Balance$64,600

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