Sneed Foundation Inc
- Assets
- $1.0m
- Revenue
- $87.5k
- Investments
- $947.0k
- Employees
- 0
- Location
- Norman, OK
- Founding
- 06/1983
- Data as of
- 06/2022
- EIN
- 73-1168046
Organization Overview
Sneed Foundation Inc is located in Norman, OK. The organization was established in 1983. 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. Sneed Foundation Inc 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, Sneed Foundation Inc generated $87.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $40.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sneed Foundation Inc has awarded 181 individual grants totaling $437,495. 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 |
|---|---|---|---|
Thomas M Sneed Asst. VP | 0 | $0 | |
Mary L Martin Secretary/treas. | 0 | $0 | |
Jane B Sneed President | 1 | $0 | |
Elizabeth S Sparks Vice President | 1 | $0 | |
David C Sneed Asst. VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,782 |
| Dividends & Interest | $19,781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,893 |
| Capital Gain Net Income | $60,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,456 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,769 |
| Contributions, gifts, grants paid | $28,390 |
| Total expenses and disbursements | $40,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,395 |
| Savings and temporary cash investments | $39,324 |
| 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 | $1,029,669 |
| 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, Sneed Foundation Inc has awarded $28,390 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Tulsa, OK PURPOSE: GENERAL | $10,000 |
Tulsa, OK PURPOSE: GENERAL | $5,015 |
TULSA BALLET PURPOSE: GENERAL | $3,500 |
PHILBROOK ART MUSEUM PURPOSE: GENERAL | $2,500 |
Tulsa, OK PURPOSE: GENERAL | $2,500 |
OU FOUNDATION PURPOSE: GENERAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Robert M Beren Foundation Inc Wichita, KS | $0 | $13,792,730 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Hermann Family Foundation St Louis, MO | $60,142,710 | $16,411,582 |