K R And Laura Miller Foundation is located in Edna, TX. The organization was established in 2000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. K R And Laura Miller Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, K R And Laura Miller Foundation has awarded 34 individual grants totaling $702,276. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Sklar Trustee | 3 | $6,500 | |
Michael Maraggia Trustee | 2 | $6,500 | |
Kim M Smith Trustee | 2 | $6,500 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,710 |
| Net Rental Income | $29,418 |
| Net Gain on Sale of Assets | -$114,640 |
| Capital Gain Net Income | $5,549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,458 |
| Total Revenue | -$33,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,456 |
| Depreciation | $9,873 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,608 |
| Total operating and administrative expenses | $87,218 |
| Contributions, gifts, grants paid | $194,530 |
| Total expenses and disbursements | $281,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,485 |
| Savings and temporary cash investments | $156,813 |
| 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 | $360 |
| Net Investments - land, buildings, equipment | $1,019,893 |
| Investments—mortgage loans | $100,000 |
| Investments—other | $448,168 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3 |
| Total assets | $4,276,215 |
| 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, K R And Laura Miller Foundation has awarded $194,530 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
VANDERBILT BAPTIST CHURCH PURPOSE: HALL RENOVATIONS | $35,000 |
INEZ COMMUNITY BENEFIT ASSOCIATION PURPOSE: HALL RENOVATION AND NEW AC UNIT | $52,500 |
EMMANUEL LUTHERAN CHURCH PURPOSE: OPERATIONAL SUPPORT AND CAPITAL IMPROVEMENTS | $14,530 |
ST JOSELPHS CATHOLIC CHURCH PURPOSE: OPERATIONAL SUPPORT | $1,000 |
FIRST BAPTIST CHRUCH PURPOSE: OPERATIONAL SUPPORT | $1,000 |
DACOSTA HERMANN SONS PURPOSE: HALL RENOVATION | $35,000 |