George And Jennie Collins Foundation
- Assets
- $2.5m
- Revenue
- $295.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/1944
- Data as of
- 12/2022
- EIN
- 73-6093053
Organization Overview
George And Jennie Collins Foundation is located in Tulsa, OK. The organization was established in 1944. 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. George And Jennie Collins 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 12/2022, George And Jennie Collins Foundation generated $295.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $237.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, George And Jennie Collins Foundation has awarded 30 individual grants totaling $868,500. 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 |
|---|---|---|---|
Roger B Collins Chairman | 0 | $0 | |
Frances R Collins Trustee | 0 | $0 | |
Andrew Collins Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $105,322 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $190,189 |
| Capital Gain Net Income | $190,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $295,518 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,664 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4 |
| Total operating and administrative expenses | $42,159 |
| Contributions, gifts, grants paid | $195,000 |
| Total expenses and disbursements | $237,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $64,692 |
| Net Accounts receivable | $36 |
| 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 | $78,500 |
| Total assets | $2,497,366 |
| 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, George And Jennie Collins Foundation has awarded $195,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH TULSA PURPOSE: GENERAL FUND | $20,000 |
HOLLAND HALL PURPOSE: ARTWORKS | $5,000 |
HOLLAND HALL PURPOSE: ANNUAL FUND DESIGNATED TO FACULTY | $100,000 |
OKLAHOMA DEPARTMENT OF MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES PURPOSE: GENERAL FUND | $20,000 |
PARKSIDE PSYCHIATRIC HOSPITAL & CLINIC PURPOSE: GENERAL FUND | $20,000 |
TULSA DAY CENTER PURPOSE: GENERAL FUND | $10,000 |