Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 is located in San Antonio, TX. The organization was established in 1986. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 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, Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 has awarded 198 individual grants totaling $6,735,492. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gurpaul Singh Managing Trustee | 0.5 | $0 | |
Sarah E Harte Managing Trustee | 0.5 | $0 | |
Allan G Paterson Jr Trustee Emeritus | 0.5 | $0 | |
Jean Rogers Winchell Chairman | 1 | $0 | |
Robert R Lende Trustee Emeritus | 0.5 | $0 | |
Amy Stieren Smiley Managing Trustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $177 |
| Dividends & Interest | $431,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $249,663 |
| Capital Gain Net Income | $249,663 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,531,292 |
| Total Revenue | $2,212,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $166,858 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $712 |
| Printing and publications | $0 |
| Other expenses | $68,726 |
| Total operating and administrative expenses | $409,457 |
| Contributions, gifts, grants paid | $1,206,342 |
| Total expenses and disbursements | $1,615,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $963,296 |
| 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 | $224,001 |
| Investments—other | $21,234,088 |
| Net Land, buildings, and equipment | $29,468 |
| Other assets | $0 |
| Total assets | $25,218,083 |
| 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 | $350,626 |
| Total liabilities | $350,626 |
Over the last fiscal year, Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 has awarded $1,206,342 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AGARITA CHAMBER PLAYERS PURPOSE: HUMBLE HALL MOBILE CONCERT SERIES ($25,000) AND SPONSORSHIP OF PERFORMANCE BY CLASSICAL GUITARIST PABLO SAINZ VILLEGAS ($15,000) | $40,000 |
BALLET SAN ANTONIO PURPOSE: ALICE IN WONDERLAND - NAMED SPONSORSHIP | $10,000 |
CACTUS PEAR MUSIC FESTIVAL PURPOSE: CACTUS PEAR MUSIC FESTIVAL - PRESENTING SPONSORSHIP (BEXAR COUNTY PERFORMANCES ONLY) | $50,000 |
CARVER DEVELOPMENT BOARD PURPOSE: PRESENTING SPONSOR OF STEFON HARRIS AND BLACKOUT PERFORMANCE | $28,000 |
CLASSIC THEATRE OF SAN ANTONIO PURPOSE: PRODUCTION OF "FENCES" - FEBRUARY 2023 | $10,000 |
GEMINI INK PURPOSE: 2023 AUTOGRAPH SERIES - ARTISTIC FEES | $10,000 |