Notley Fund
- Assets
- $2.5m
- Revenue
- $4.5m
- Investments
- $966.4k
- Employees
- 42
- Location
- Austin, TX
- Founding
- 07/2016
- Data as of
- 12/2020
- EIN
- 47-5295639
Organization Overview
Notley Fund is located in Austin, TX. The organization was established in 2016. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Notley Fund employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Notley Fund 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, Notley Fund generated $4.5m in total revenue. All expenses for the organization totaled $4.7m during the year ending 12/2020.
Since 2016, Notley Fund has awarded 42 individual grants totaling $1,712,875. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOTLEY'S MISSION IS TO FUND AND SUPPORT BUSINESSES, NON-PROFITS, AND PROGRAMS MAKING POSITIVE CHANGE AND SOCIAL IMPACT IN THE WORLD. TO THAT END, FEES ARE EARNED BY PROVIDING EXECUTIVE, OPERATIONAL, EDUCATIONAL, INFORMATIONAL AND BUSINESS SERVICES SUCH AS ASSISTING OTHER NONPROFIT ORGANIZATIONS IN CONDUCTING CHARITABLE EVENTS. FOR TAX YEAR 2021, NOTLEY FOUNDATION PROVIDED SUPPORT TO THIRTEEN DIFFERENT SUPPORTING CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Graham Founder | 40 | $0 | |
Kelli Mason Director | 1 | $0 | |
Lisa Graham Cfo/founder | 40 | $0 | |
Matt Mcdonnell Director | 1 | $0 | |
Barbara Daniels Treasurer | 40 | $0 | |
Lawton Cummings Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,966,127 |
| Investment income | $25,170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$145,425 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$9,228 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,464,040 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,024,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $282,836 |
| Payroll taxes | $163,131 |
| Fees for services: Management | $1,167,293 |
| Fees for services: Legal | $58,252 |
| Fees for services: Accounting | $26,261 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,811 |
| Advertising and promotion | $7,557 |
| Office expenses | $93,022 |
| Information technology | $572 |
| Royalties | $0 |
| Occupancy | $38,034 |
| Travel | $444 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,482 |
| Interest | $35,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,000 |
| Insurance | $2,392 |
| All other expenses | $0 |
| Total functional expenses | $4,670,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,533 |
| Savings and temporary cash investments | $352,263 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,831 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $77,209 |
| Inventories for sale or use | $635 |
| Prepaid expenses and deferred charges | $918 |
| Investments—publicly traded securities | $892,838 |
| Investments—other securities | $966,360 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $169,850 |
| Total assets | $2,525,162 |
| Accounts payable and accrued expenses | $50,634 |
| Grants payable | $116,760 |
| Deferred revenue | $4,280 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $3,100 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $174,774 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,350,388 |
Grants Awarded
Over the last fiscal year, Notley Fund has awarded $256,024 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: SUPPORT INNOVATIVE NONPROFITS SCALE SUSTAINABLE MODELS. | $100,000 |
Austin, TX PURPOSE: SUPPORT EDUCATIONAL AND CHARITABLE PURPOSE TO ACCELERATE SOCIAL IMPACT & INNOVATION. | $85,000 |
BEAM FOUNDERS NETWORK PURPOSE: SUPPORT WOMEN LED COMPANIES. | $40,055 |
Austin, TX PURPOSE: PROMOTE PUBLIC UNDERSTANDING OF, AND ENGAGEMENT IN, LOCAL PUBLIC AND AND GOVERNMENTAL ISSUES. | $13,969 |
PURE CHARITY PURPOSE: SUPPORT NONPROFITS THROUGH FUNDRAISING, TECHNOLOGY, DONOR DEVELOPMENT, AND MOBILIZATION STRATEGIES. | $12,000 |
College Park, MD PURPOSE: SUPPORT SUPPORTIVE EDUCATIONAL AND FINANCIAL OPPORTUNITIES TO PROMISING UNDERGRADUATE STUDENTS. | $3,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Notley Fund has recieved totaling $115,500.
| Awarding Organization | Amount |
|---|---|
80-20 Fund San Antonio, TX PURPOSE: GENERAL SUPPORT FOR EXPANSION INTO SAN ANTONIO | $50,000 |
Austin Community Foundation Austin, TX PURPOSE: NOTLEY TIDE; FUNDS USED TO SUPPORT 5 AUSTIN RACIAL JUSTICE PARTNERS | $45,500 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $15,000 |
A Glimmer Of Hope Austin Austin, TX PURPOSE: 2021 GLIMMER AWARD SPONSORSHIP | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |
Dallas Jewish Community Foundation Dallas, TX | $257,889,567 | $62,022,140 |
Excellerate Foundation Rogers, AR | $1,422,117 | $18,582,776 |
Community Foundation Of Acadiana Lafayette, LA | $154,976,502 | $32,964,309 |
East Texas Communties Foundation Inc Tyler, TX | $137,619,988 | $26,912,059 |
Permian Basin Area Foundation Midland, TX | $279,717,835 | $33,055,231 |
Coastal Bend Community Foundation Corpus Christi, TX | $108,771,206 | $10,804,915 |
Community Foundation Of Abilene Abilene, TX | $138,667,981 | $15,269,593 |
Community Foundation Of North Louisiana Shreveport, LA | $154,534,783 | $16,289,106 |
Albuquerque Community Foundation Albuquerque, NM | $124,587,657 | $15,721,383 |
Wichita Falls Area Community Foundation Wichita Falls, TX | $80,507,148 | $8,576,098 |