Clara Freshour Nelson Foundation
- Assets
- $5.7m
- Revenue
- $347.7k
- Investments
- $5.7m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 06/1996
- Data as of
- 12/2023
- EIN
- 74-6436452
Organization Overview
Clara Freshour Nelson Foundation is located in San Antonio, TX. The organization was established in 1996. 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. Clara Freshour Nelson 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, Clara Freshour Nelson Foundation generated $347.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $401.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Clara Freshour Nelson Foundation has awarded 20 individual grants totaling $1,484,913. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXAS ASSOCIATION OF MUSIC SCHOOLSTO WORK IN CONCERT TO SERVE AS COMMON VOICE FOR THE ADVANCEMENT OF QUALITY FINE ARTS EDUCATION FOR ALL STUDENTS IN TEXAS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $171,689 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $176,030 |
| Capital Gain Net Income | $176,030 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $347,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,624 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,736 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22 |
| Total operating and administrative expenses | $87,978 |
| Contributions, gifts, grants paid | $313,000 |
| Total expenses and disbursements | $400,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,630 |
| 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 | $143 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,724,347 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $137 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $137 |
Grants Awarded
Over the last fiscal year, Clara Freshour Nelson Foundation has awarded $300,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAM MINISTRIES PURPOSE: TO PROVIDE SUPPORT TO HELP THOSE HOMELESS IN SAN ANTONIO WITH SHELTER AND LONG-TERM RE-HOUSING ASSISTANCE. | $210,000 |
GLOBAL SANCTUARY FOR ELEPHANTS PURPOSE: TO PROVIDE SUPPORT TO CREATE VAST SAFE SPACES FOR CAPTIVE ELEPHANTS WERE THEY ARE ABLE TO HEAL PHYSICALLY AND EMOTIONALLY. | $20,000 |
LANDMARK COLLEGE PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH LEARNING DISABILITIES WHO ARE SEEKING HIGHER EDUCATION | $70,000 |