The Pine Foundation
- Assets
- $3.5m
- Revenue
- $239.9k
- Investments
- $3.3m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 07/1986
- Data as of
- 12/2022
- EIN
- 74-2387801
Organization Overview
The Pine Foundation is located in Austin, TX. The organization was established in 1986. 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. Pine 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, Pine Foundation generated $239.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $243.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pine Foundation has awarded 52 individual grants totaling $2,971,250. 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 |
|---|---|---|---|
Brigid Anne Cockrum Pres/treas/dir | 1 | $0 | |
Wendy Albrecht Vice Pres/sec/dir | 0.5 | $0 | |
Alex Cockrum Dir | 0.5 | $0 | |
Annie Tate Cockrum Dir | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $123,715 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,220 |
| Capital Gain Net Income | $116,220 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $239,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,712 |
| Contributions, gifts, grants paid | $223,000 |
| Total expenses and disbursements | $243,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,125 |
| 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 | $8,121 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,500,264 |
| 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, The Pine Foundation has awarded $223,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BLANCO GOOD SAMARITAN CENTER PURPOSE: PUBLIC SERVICE | $10,000 |
BUGGY BARN MUSEUM PURPOSE: PUBLIC SERVICE | $33,000 |
CAPITAL AREA FOOD BANK PURPOSE: PUBLIC SERVICE | $25,000 |
EXPLORE AUSTIN PURPOSE: PUBLIC SERVICE | $50,000 |
FOUNDATION FOR THE HOMELESS PURPOSE: PUBLIC SERVICE | $5,000 |
TEXAS BOOK FESTIVAL PURPOSE: PUBLIC SERVICE | $100,000 |