Texas Cavaliers Charitable Foundation
- Assets
- $11.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 08/1992
- Data as of
- 06/2023
- EIN
- 74-2546003
Organization Overview
Texas Cavaliers Charitable Foundation is located in San Antonio, TX. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Cavaliers Charitable 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 06/2023, Texas Cavaliers Charitable Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $6.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Texas Cavaliers Charitable Foundation has awarded 303 individual grants totaling $10,801,714. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S EXEMPT PURPOSE IS TO ENCOURAGE, FOSTER, SUPPORT, AND CONDUCT ACTIVITIES AND PROGRAMS WHICH WILL BENEFIT CHILDREN RESIDING WITHIN TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES CHARITABLE CONTRIBUTIONS THROUGHOUT THE YEAR TO VARIOUS CHARITIES WHICH BENEFIT CHILDREN RESIDING WITHIN THE STATE OF TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Nisbet Exec Director | Officer | 40 | $63,000 |
Bill Kingman Past President | OfficerTrustee | 1 | $0 |
Jeff Bailey President | OfficerTrustee | 1 | $0 |
Triple Fuhrmann Vice President | OfficerTrustee | 1 | $0 |
Plack Carr Treasurer | OfficerTrustee | 1 | $0 |
Michael Kiolbassa Fundraising Chr | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,099 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,185,460 |
| Noncash contributions included in lines 1a–1f | $8,099 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,193,559 |
| Total Program Service Revenue | $0 |
| Investment income | $183,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$186,951 |
| Net Income from Fundraising Events | $125,374 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,330,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,251,858 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,000 |
| Compensation of current officers, directors, key employees. | $63,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,744 |
| Fees for services: Other | $35,751 |
| Advertising and promotion | $0 |
| Office expenses | $16,644 |
| Information technology | $3,720 |
| Royalties | $0 |
| Occupancy | $28,762 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $429 |
| Insurance | $4,890 |
| All other expenses | $0 |
| Total functional expenses | $6,577,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,104 |
| Savings and temporary cash investments | $266,741 |
| Pledges and grants receivable | $2,930,180 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,122 |
| Net Land, buildings, and equipment | $921 |
| Investments—publicly traded securities | $7,790,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,128 |
| Total assets | $11,156,403 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,518,258 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $65,774 |
| Total liabilities | $3,584,032 |
| Net assets without donor restrictions | -$215,334 |
| Net assets with donor restrictions | $7,787,705 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,156,403 |
Grants Awarded
Over the last fiscal year, Texas Cavaliers Charitable Foundation has awarded $2,509,550 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB-SAN ANTONIO PURPOSE: GREAT FUTURES ENRICHMENT PROGRAM | $15,000 |
BOOK BUDDIES PURPOSE: FREE BOOKS TO SAISD STUDENTS | $25,000 |
BOYSVILLE INC PURPOSE: RESIDENTIAL CARE UNFUNDED REQ. | $10,500 |
BRIGHTON CENTER PURPOSE: SUPPLIES, EQUIPMENT, MATERIALS | $20,000 |
BRECKENRIDGE PARK CONSERVANCY PURPOSE: PLANS FOR NATURAL PLAYGROUND | $50,000 |
CHILDRENS BEREAVEMENT CENTER PURPOSE: HEALING PROGRAMS FOR GRIEVING KIDS | $40,100 |