Cudd Foundation
- Assets
- $2.5m
- Revenue
- $359.7k
- Investments
- $2.3m
- Employees
- 0
- Location
- El Prado, NM
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 72-1101712
Organization Overview
Cudd Foundation is located in El Prado, NM. The organization was established in 1988. 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. Cudd 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, Cudd Foundation generated $359.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $115.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cudd Foundation has awarded 275 individual grants totaling $719,990. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Cudd III President | 3 | $0 | |
Carol D Cudd Vice President | 1 | $0 | |
Leslie Cudd Hale Secretary | 0 | $0 | |
Blair C Naylor Trustee | 0 | $0 | |
Linda Cudd Miller Trustee | 0 | $0 | |
Amanda C Stuermer Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,636 |
| Interest on Savings | $26 |
| Dividends & Interest | $30,258 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $296,482 |
| Capital Gain Net Income | $296,482 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,324 |
| Total Revenue | $359,726 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $322 |
| Total operating and administrative expenses | $35,469 |
| Contributions, gifts, grants paid | $80,300 |
| Total expenses and disbursements | $115,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,437 |
| Savings and temporary cash investments | $110,478 |
| 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 | $366,576 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,530,898 |
| 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, Cudd Foundation has awarded $80,300 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Bend, OR PURPOSE: SOCIAL JUSTICE | $21,250 |
SANTA FE OPERA PURPOSE: ARTS/CULTURE | $5,000 |
Taos, NM PURPOSE: ARTS/CULTURE | $5,000 |
Shreveport, LA PURPOSE: SOCIAL SERVICES | $5,000 |
SANTA FE PREP PURPOSE: EDUCATION | $4,000 |
Salt Lake City, UT PURPOSE: CHARITY | $3,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |