Marta And Stephen Pate Family Foundation
- Assets
- $3.9m
- Revenue
- $426.2k
- Investments
- $3.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 46-4348849
The information for Marta And Stephen Pate Family Foundation is as of the organization's most recent filing in December 2020. This organization is located in The Woodlands, TX. It has been in existence for 5 years, following its founding in 2015.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Marta And Stephen Pate Family Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. The Marta And Stephen Pate Family Foundation happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset has three years of grant history for the Marta And Stephen Pate Family Foundation. In that time, they have awarded ten grants, with an average check size of $44,248. The organization has awarded grants in the Education and Health Care sectors. All grants have been awarded in the state of Texas. On average, the foundation awards three grants per year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron C Pate Treasurer & Secretary | 0.25 | $0 | |
Stephen V Pate President | 0.25 | $0 | |
Marta H Pate Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $152,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $274,004 |
| Capital Gain Net Income | $274,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $426,215 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,037 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,520 |
| Total operating and administrative expenses | $39,170 |
| Contributions, gifts, grants paid | $418,800 |
| Total expenses and disbursements | $457,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $163,898 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2,870 |
| 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 | $3,765,763 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,932,531 |
| 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, Marta And Stephen Pate Family Foundation has awarded $418,800 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON METHODIST HOSPITAL FOUNDATION PURPOSE: TOWARD COOK FAMILY HEALTH EDUCATION LEARNING | $200,000 |
INTERFAITH PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
INTERFAITH OF THE WOODLANDS PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
INTERFAITH COMMUNITY CLINIC PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Houston, TX PURPOSE: TOWARDS THE MEMORIAL HERMANN FOUNDATION IN THE PINK CAMPAIGN | $10,000 |
The Woodlands, TX PURPOSE: GENERAL OPERATING SUPPORT | $8,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |