Speck And Polly New Charitable Foundation Tr is located in Corpus Christi, TX. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Speck And Polly New Charitable Foundation 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 12/2022, Speck And Polly New Charitable Foundation Tr generated $333.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $484.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Speck And Polly New Charitable Foundation Tr has awarded 14 individual grants totaling $2,864,475. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $150,320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $183,216 |
| Capital Gain Net Income | $183,216 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $333,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,939 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,099 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $61,838 |
| Contributions, gifts, grants paid | $422,760 |
| Total expenses and disbursements | $484,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $520,428 |
| 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 | $3,449,597 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,515,331 |
| 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 |
Over the last fiscal year, Speck And Polly New Charitable Foundation Tr has awarded $422,760 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST PHILIP'S EPISCOPAL CHURCH PURPOSE: ANNUAL DISTRIBUTION TO SUPPORT THE CHURCH'S CHARITABLE ACTIVITIES | $211,380 |
ST PHILIP'S EPISCOPAL SCHOOL PURPOSE: ANNUAL DISTRIBUTION TO SUPPORT THE SCHOOL'S EDUCATIONAL ACTIVITIES | $211,380 |