Tatum Family Foundation
- Assets
- $0.0
- Revenue
- $84.4k
- Investments
- $990.6k
- Employees
- 0
- Location
- Seabrook, TX
- Founding
- 10/1992
- Data as of
- 06/2022
- EIN
- 58-2008997
Organization Overview
Tatum Family Foundation is located in Seabrook, TX. The organization was established in 1992. 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. Tatum 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 06/2022, Tatum Family Foundation generated $84.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $92.4k during the year ending 06/2022. While expenses have increased by 3.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Tatum Family Foundation has awarded 32 individual grants totaling $280,000. 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 |
|---|---|---|---|
Marjorie Davey President | 0.25 | $0 | |
Mark Heineman Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,935 |
| Dividends & Interest | $22,927 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,385 |
| 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 | $17,405 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $92,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,260 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,945 |
Grants Awarded
Over the last fiscal year, Tatum Family Foundation has awarded $75,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS PARKS AND WILDLIFE PURPOSE: TO ENABLE THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE | $10,000 |
TEXAS CHILDREN'S HOSPITAL PURPOSE: TO ENABLE THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE | $8,000 |
FOLDS OF HONOR PURPOSE: TO ENABLE THE ORGANIZATION TO CARRYOUT ITS EXEMPT PURPOSE | $10,000 |
NOEL UNITED METHODIST CHURCH PURPOSE: TO ENABLE THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE | $10,000 |
ST JUDE'S RESEARCH HOSPITAL PURPOSE: TO ENABLE THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE | $8,000 |
EPILEPSY FOUNDATION PURPOSE: TO ENABLE THE ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE | $10,000 |