Kittsie And Charlie Thomas Family Foundation
- Assets
- $3.4m
- Revenue
- $346.7k
- Investments
- $3.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 68-0498633
The information for Kittsie And Charlie Thomas Family Foundation is as of the organization's most recent filing in December 2019. This organization is located in Houston, TX. It has been in existence for 17 years, following its founding in 2002.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Kittsie And Charlie Thomas Family Foundation's NTEE code is T22. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "22" tells us that the organization is a Private Independent Foundation. The NTEE describes Private Independent Foundations as private foundations that make grants based on charitable endowments and are usually endowed from a single individual or family. Private Independent Foundations are also considered family foundations if relatives or the original donor are still active in the board of trustees or in the operation of the foundation. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset has three years of grant history for the Kittsie And Charlie Thomas Family Foundation. In that time, they have awarded 65 grants, with an average check size of $4,891. The majority of grants were awarded in the Human Services sector (6), followed by Voluntary Health Associations & Medical Disciplines (5) and Education (5). The organization most frequently awards grants in the state of Texas (57), followed by New York (1), Illinois (3), South Carolina (1) and California (2).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Thomas Vice President | 0.1 | $12,000 | |
Robin Klaes Director | 0.1 | $12,000 | |
Tracy Everist President | 0.1 | $12,000 | |
Daniel Klaes Secretary/treasurer | 0.58 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $268,771 |
| Capital Gain Net Income | $268,771 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,250 |
| Total Revenue | $346,748 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,043 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,245 |
| Total operating and administrative expenses | $75,844 |
| Contributions, gifts, grants paid | $195,000 |
| Total expenses and disbursements | $270,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,166 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $7 |
| 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 | $3,391,301 |
| 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, Kittsie And Charlie Thomas Family Foundation has awarded $195,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: PROGRAM SUPPORT | $35,000 |
CHAMPION MINISTRIES INC AKA GROUNDWIRE PURPOSE: PROGRAM SUPPORT | $25,000 |
JUDY'S MISSION PURPOSE: PROGRAM SUPPORT | $16,833 |
PEPPERDINE UNIVERSITY SEAVER COLLEGE PURPOSE: PROGRAM SUPPORT | $15,000 |
RIVER OAKS BAPTIST SCHOOL PURPOSE: PROGRAM SUPPORT | $13,250 |
Houston, TX PURPOSE: PROGRAM SUPPORT | $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 |