The Long Foundation
- Assets
- $6.8m
- Revenue
- $267.6k
- Investments
- $6.4m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/2000
- Data as of
- 12/2023
- EIN
- 74-2916682
Organization Overview
The Long Foundation is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long 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 12/2023, Long Foundation generated $267.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $540.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Long Foundation has awarded 131 individual grants totaling $1,816,250. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe R Long President/director | 5 | $0 | |
Kally A Long Director | 1 | $0 | |
Ruby Lu Ann Long Director | 1 | $0 | |
Mitchell A Long Sec./treas./dir./executive Director | 40 | $90,432 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $196,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,945 |
| Capital Gain Net Income | $70,945 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $233 |
| Total Revenue | $267,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,432 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $14,333 |
| Interest | $0 |
| Taxes | $10,551 |
| Depreciation | $0 |
| Occupancy | $13,676 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,576 |
| Total operating and administrative expenses | $207,625 |
| Contributions, gifts, grants paid | $333,000 |
| Total expenses and disbursements | $540,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $264,057 |
| 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 | $1,223,488 |
| Net Land, buildings, and equipment | $158,460 |
| Other assets | $0 |
| Total assets | $6,828,462 |
| 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, The Long Foundation has awarded $333,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE LEAGUE OF AUSTIN PURPOSE: GRANT SUPPORTING OPERATION WISH LIST PROGRAM | $10,000 |
ANTHROPOS ARTS PURPOSE: GRANT SUPPORTING YOUTH MUSIC PROGRAM | $10,000 |
AUSTIN CLASSICAL GUITAR PURPOSE: GRANT SUPPORTING AUSTIN AREA SCHOOL-BASED GUITAR PROGRAM | $20,000 |
AUSTIN PARTNERS IN EDUCATION PURPOSE: GRANT SUPPORTING MATH CLASSROOM COACHING PROGRAM | $10,000 |
AUSTIN SOUNDWAVES PURPOSE: GRANT TO ADVANCE MUSICIAN PROGRAM INCLUDING COLLEGE ASSISTANCE | $20,000 |
AVANCE-AUSTIN PURPOSE: GRANT SUPPORTING PARENT-CHILD PROGRAM | $20,000 |