King Ranch Family Trust
- Assets
- $7.5m
- Revenue
- $799.4k
- Investments
- $7.1m
- Employees
- 0
- Location
- Kingsville, TX
- Founding
- 06/1946
- Data as of
- 12/2021
- EIN
- 74-6044809
Organization Overview
King Ranch Family Trust is located in Kingsville, TX. The organization was established in 1946. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. King Ranch Family Trust 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, King Ranch Family Trust generated $799.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $568.3k during the year ending 12/2021. 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, King Ranch Family Trust has awarded 101 individual grants totaling $2,359,314. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catharine Coble Jorgensen Trustee | 1 | $0 | |
Richard M Kleberg III Trustee | 1 | $0 | |
Dorothy Matz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $85,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $163,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $545,242 |
| Capital Gain Net Income | $545,242 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,098 |
| Total Revenue | $799,367 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,353 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,337 |
| Total operating and administrative expenses | $87,567 |
| Contributions, gifts, grants paid | $480,770 |
| Total expenses and disbursements | $568,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $337,833 |
| Net Accounts receivable | $5 |
| 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 | $597,006 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,599 |
| Total assets | $7,484,808 |
| 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, King Ranch Family Trust has awarded $480,770 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
WOMEN'S MEN'S HEALTH SERVICES OF SO PURPOSE: OPERATIONS | $60,000 |
College Station, TX PURPOSE: FBO COASTAL BEND HEALTH - FUNDS TO BE USED FOR MEDICATION ASSISTANCE & MINDFIELD SELF PROGRAM. | $50,000 |
Corpus Christi, TX PURPOSE: FBO OPERATIONS OF KINGSVILLE OFFICE | $45,000 |
BRUSH COUNTRY CASA PURPOSE: OPERATIONS | $30,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: OPERATIONS | $30,000 |
BOYS AND GIRLS CLUB OF KINGSVILLE PURPOSE: OPERATIONS | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that King Ranch Family Trust has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Laiglon Fund Kingsville, TX PURPOSE: CHARITABLE GRANTS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |