Laity Renewal Foundation
- Assets
- $19.0m
- Revenue
- $1.8m
- Investments
- $2.1m
- Employees
- 0
- Location
- Kerrville, TX
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 74-2749249
Organization Overview
Laity Renewal Foundation, operating under the name Friends of H E Butt Foundation & Laity Lodge, is located in Kerrville, TX. The organization was established in 2000. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends of H E Butt Foundation & Laity Lodge 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 12/2021, Friends of H E Butt Foundation & Laity Lodge generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friends of H E Butt Foundation & Laity Lodge has awarded 14 individual grants totaling $9,083,496. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATING WHOLENESS IN PEOPLE AND INSTITUTIONS FOR THE TRANSFORMATION OF COMMUNITIES, FOCUSING ON SPIRITUAL FORMATION AND HEALTH IN FAMILIES AND CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN ECUMENICAL CHRISTIAN RETREAT CENTER, NAMED LAITY LODGE, THAT FOCUSES ON CULTIVATING WHOLENESS IN PEOPLE AND INSTITUTIONS FOR THE TRANSFORMATION OF COMMUNITIES. IN 2021, LAITY LODGE HOSTED 425 GUESTS IN 32 SEPARATE RETREAT EVENTS.
GRANTS TO SUPPORT AFFILIATED ORGANIZATIONS IN FURTHERANCE OF A SHARED MISSION TO CULTIVATE WHOLENESS IN PEOPLE AND INSTITUTIONS FOR THE TRANSFORMATION OF COMMUNITIES. GRANTS TO LAITY LODGE FOUNDATION ALLOWED 51 FAMILIES TO ATTEND WEEKEND RETREATS AT LLFC, INCLUDING PARTNERSHIPS WITH QUALITY HUMAN SERVICE PROGRAMS IN THE SAN ANTONIO AREA. GRANTS TO THE H.E.BUTT FOUNDATION CAMP PROVIDED FOR THE BUILDING AND RENOVATION OF ITS LARGEST CAMP SITE TO SERVE TENS OF THOUSANDS IN THE COMING YEARS. PARTICULARLY TARGETING DISADVANTAGED YOUTH IN TEXAS COMMUNITIES. IN 2019, GRANTS WERE ALSO PROVIDED FOR THE CONTRUCTION OF A LARGE CAMPING FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Rogers President, Serving As CEO | OfficerTrustee | 10 | $0 |
Deborah Butt Rogers VP & Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Janice S Flynn Asst Secretary-Treasury | Officer | 10 | $0 |
F Dwight Lacy Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trinet Internet Solutions Software Development | 12/30/17 | $133,537 |
Leinweber Services Hvac And Refrigeration Equipment | 12/30/17 | $102,123 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $48,982 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $510,992 |
| Noncash contributions included in lines 1a–1f | $48,982 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $559,974 |
| Total Program Service Revenue | $162,519 |
| Investment income | $547,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $511,880 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$536 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,792,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $763,591 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $27,871 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,208 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,204 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,525 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,672 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,020 |
| Insurance | $1,081 |
| All other expenses | $110,346 |
| Total functional expenses | $1,314,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,954 |
| Savings and temporary cash investments | $2,039,503 |
| Pledges and grants receivable | $222,417 |
| Accounts receivable, net | $33,651 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,456 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,497,420 |
| Investments—publicly traded securities | $12,746,490 |
| Investments—other securities | $2,130,613 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,500 |
| Total assets | $19,041,004 |
| Accounts payable and accrued expenses | $429,026 |
| Grants payable | $0 |
| Deferred revenue | $12,950 |
| 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 | $0 |
| Total liabilities | $441,976 |
| Net assets without donor restrictions | $12,104,350 |
| Net assets with donor restrictions | $6,494,678 |
| 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 | $19,041,004 |
Grants Awarded
Over the last fiscal year, Laity Renewal Foundation has awarded $611,364 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Kerrville, TX PURPOSE: Spiritual Renewal | $370,739 |
Kerrville, TX PURPOSE: Spiritual Renewal | $240,625 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Laity Renewal Foundation has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $250,000 |
Endowment Analysis
| Beg. Balance | $7,306,903 |
| Earnings | $356,017 |
| Net Contributions | $242,670 |
| Other Expense | $543,006 |
| Ending Balance | $7,362,584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |
Girl Scouts - Diamonds Of Arkansas Oklahoma And Texas Little Rock, AR | $7,427,624 | $5,269,296 |
Wildearth Guardians Santa Fe, NM | $5,297,643 | $4,580,150 |