Silas Foundation Co Trust is located in Dewey, OK.
For the year ending 12/2018, Silas Foundation Co Trust generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $77.3k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (34.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arvest Bank And Trust Co Co-Trustee | 2 | $3,032 | |
C J Silas Co-Trustee | 5 | $0 | |
Theo Silas Co-Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,404 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,685 |
| Capital Gain Net Income | $67,685 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,583 |
| Total Revenue | $70,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,032 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,350 |
| Contributions, gifts, grants paid | $72,969 |
| Total expenses and disbursements | $77,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 |
Over the last fiscal year, Silas Foundation Co Trust has awarded $72,969 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BARTLESVILLE CIVIC BALLET PURPOSE: CHARITABLE | $2,000 |
GIRL SCOUTS OF EASTERN OKLAHOMA PURPOSE: OPERATING FUNDS | $1,000 |
BARTLESVILLE KIDDIE PARK PURPOSE: CHARITABLE | $1,500 |
BANK OF AMERICA CHARITABLE GIFT FUND PURPOSE: GENERAL USE | $63,469 |
CHEROKEE AREA BOY SCOUTS OF AMERICA PURPOSE: OPERATING FUNDS | $500 |
OKLAHOMA ARTS INSTITUTE PURPOSE: SCHOLARSHIP MONEY FOR TWO | $2,000 |