Jack H And William M Light Charitable Tr
- Assets
- $9.4m
- Revenue
- $987.6k
- Investments
- $9.3m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 74-2874941
Organization Overview
Jack H And William M Light Charitable Tr is located in San Antonio, TX. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jack H And William M Light Charitable Tr 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, Jack H And William M Light Charitable Tr generated $987.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $833.2k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jack H And William M Light Charitable Tr has awarded 354 individual grants totaling $4,352,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $215,536 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $654,660 |
| Capital Gain Net Income | $654,660 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $117,399 |
| Total Revenue | $987,595 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $112,586 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $39,224 |
| Depreciation | $17,610 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,742 |
| Total operating and administrative expenses | $177,240 |
| Contributions, gifts, grants paid | $656,000 |
| Total expenses and disbursements | $833,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $95,404 |
| 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 | $1,293,546 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4 |
| Total assets | $9,439,917 |
| 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, Jack H And William M Light Charitable Tr has awarded $656,000 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
BO'S PLACE PURPOSE: UNRESTRICTED | $10,000 |
KIDS' MEALS INC PURPOSE: UNRESTRICTED | $30,000 |
CAMP ALLEN CONFERENCE & RETREAT CENTER PURPOSE: UNRESTRICTED | $10,000 |
LIFEHOUSE OF HOUSTON INC PURPOSE: UNRESTRICTED | $10,000 |
CASA DE ESPERANZA DE LOS NINOS PURPOSE: UNRESTRICTED | $10,000 |
LOUISE H BATZ HOSPITAL AWARENESS FUND PURPOSE: UNRESTRICTED | $10,000 |