Ben F & Hugh Burgess Trust Fund 8432
- Assets
- $526.5k
- Revenue
- $19.8k
- Investments
- $505.9k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1973
- Data as of
- 06/2024
- EIN
- 58-6103644
Organization Overview
Ben F & Hugh Burgess Trust Fund 8432 is located in Dallas, TX. The organization was established in 1973. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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.
For the year ending 06/2024, Ben F & Hugh Burgess Trust Fund 8432 generated $19.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $35.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ben F & Hugh Burgess Trust Fund 8432 has awarded 35 individual grants totaling $123,814. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,872 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,556 |
| Capital Gain Net Income | $4,556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,363 |
| Total Revenue | $19,791 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,282 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $496 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $294 |
| Total operating and administrative expenses | $10,322 |
| Contributions, gifts, grants paid | $25,067 |
| Total expenses and disbursements | $35,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,560 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $526,463 |
| 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, Ben F & Hugh Burgess Trust Fund 8432 has awarded $25,067 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DECATUR PRESBYTERIAN CHURCH PURPOSE: UNRESTRICTED GENERAL | $3,760 |
MASONIC HOME OF GEORGIA PURPOSE: UNRESTRICTED GENERAL | $2,006 |
UNITED METHODIST CHILDRENS HOME PURPOSE: UNRESTRICTED GENERAL | $3,008 |
HOLY TRINITY EPISCOPAL CHURCH PURPOSE: UNRESTRICTED GENERAL | $3,760 |
WILLIAM C HARTMAN JR FUND PURPOSE: UNRESTRICTED GENERAL | $5,013 |
FAMILIES FIRST PURPOSE: UNRESTRICTED GENERAL | $2,507 |