M Ehart Foundation is located in Austin, TX.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2015
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Sally H Sheehy President | 5 | $25,000 | |
| Ronald G Mueller Treasurer | 1 | $0 | |
| Mark B Schreiber Secretary | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $193,192 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $26,681 | 
| Capital Gain Net Income | $26,681 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $219,873 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $51 | 
| Taxes | $6,991 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $1,093 | 
| Printing and publications | $0 | 
| Other expenses | $63 | 
| Total operating and administrative expenses | $43,201 | 
| Contributions, gifts, grants paid | $97,000 | 
| Total expenses and disbursements | $140,201 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,561 | 
| 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 | $1,952,613 | 
| 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, M Ehart Foundation has awarded $97,000 in support to 26 organizations.
| Grant Recipient | Amount | 
|---|---|
| FAMILIES & LITERACY INC PURPOSE: ESL | $5,000 | 
| KLRN PURPOSE: PUBLIC TV | $5,000 | 
| KTXI PURPOSE: PUBLIC RADIO | $5,000 | 
| DIETERT CENTER PURPOSE: MEALS ON WHEELS | $2,000 | 
| RIVERSIDE NATURE CENTER PURPOSE: EDUCATION PROGRAMS | $10,000 | 
| KERRVILLE GENEALOGICAL SOCIETY PURPOSE: OPERATING FUNDS | $1,000 |