The Laura And Walter Elcock Family Foundation
- Assets
- $1.5m
- Revenue
- $324.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 68-0457423
Organization Overview
The Laura And Walter Elcock Family Foundation is located in Dallas, TX. The organization was established in 2000. 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. Laura And Walter Elcock 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 12/2021, Laura And Walter Elcock Family Foundation generated $324.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $199.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Laura And Walter Elcock Family Foundation has awarded 35 individual grants totaling $560,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Elcock President - Director | 1 | $0 | |
Laura Elcock Secretary - Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $293,950 |
| Capital Gain Net Income | $293,950 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $324,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,235 |
| Total operating and administrative expenses | $24,760 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $199,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,435 |
| 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 | $1,496,748 |
| 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 | $3,525 |
| Total liabilities | $3,525 |
Grants Awarded
Over the last fiscal year, The Laura And Walter Elcock Family Foundation has awarded $175,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: GENERAL PURPOSES OF CHARITY | $80,000 |
GOLDEN SEEDS FOUNDATION PURPOSE: GENERAL PURPOSES OF CHARITY | $25,000 |
GLASSTIRE PURPOSE: GENERAL PURPOSES OF CHARITY | $15,000 |
EMERGENCY ARTISTS LEAGUE PURPOSE: GENERAL PURPOSES OF CHARITY | $10,000 |
San Rafael, CA PURPOSE: GENERAL PURPOSES OF CHARITY | $10,000 |
THE STOREFRONT RESIDENCY PROGRAM PURPOSE: GENERAL PURPOSES OF CHARITY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |