Navarro Community Foundation
- Assets
- $0.0
- Revenue
- $1.5m
- Investments
- $13.6m
- Employees
- 0
- Location
- Corsicana, TX
- Founding
- 07/1939
- Data as of
- 12/2020
- EIN
- 75-0800663
Organization Overview
Navarro Community Foundation is located in Corsicana, TX. The organization was established in 1939. According to its NTEE Classification (T31) the organization is classified as: Community 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. Navarro Community 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 12/2020, Navarro Community Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $1.9m during the year ending 12/2020. While expenses have increased by 6.4% per year over the past 4 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 2018, Navarro Community Foundation has awarded 172 individual grants totaling $7,430,723. 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 |
|---|---|---|---|
Jeanne Thomas Asst. Treas. | 4 | $20,900 | |
Bruce Robinson Exec Sec./tr | 2 | $4,800 | |
Janie Goodman Asst Treas | 1 | $2,700 | |
Dr John Smith Trustee | 1 | $0 | |
C David Campbell Chairman | 2 | $0 | |
John Jackson 2nd V Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $675,141 |
| Profit on Inventory Sales | -$656 |
| Other Income | $19,751 |
| Total Revenue | $1,464,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,200 |
| Pension plans, employee benefits | $1,102 |
| Depreciation | $0 |
| Occupancy | $7,600 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $106,368 |
| Contributions, gifts, grants paid | $1,825,289 |
| Total expenses and disbursements | $1,931,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,119 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,324,724 |
| Other assets | $24,915 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Navarro Community Foundation has awarded $1,734,545 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF CORSICANA PURPOSE: CHARITABLE OPERATIONS | $329,721 |
COMPASSION CORSICANA PURPOSE: CHARITABLE OPERATION | $225,000 |
PALACE THEATRE PURPOSE: CHARITABLE OPERATIONS | $200,000 |
COMMUNITY SERVICES INC PURPOSE: CHARITABLE OPERATIONS | $150,000 |
THE SALVATION ARMY PURPOSE: CHARITABLE OPERATIONS | $124,324 |
NAVARRO COUNTY VOLUNTEER FIREFIGHTE PURPOSE: CHARITABLE OPERATIONS | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |
Dallas Jewish Community Foundation Dallas, TX | $257,889,567 | $62,022,140 |
Excellerate Foundation Rogers, AR | $1,422,117 | $18,582,776 |
Community Foundation Of Acadiana Lafayette, LA | $154,976,502 | $32,964,309 |
East Texas Communties Foundation Inc Tyler, TX | $137,619,988 | $26,912,059 |
Permian Basin Area Foundation Midland, TX | $279,717,835 | $33,055,231 |
Coastal Bend Community Foundation Corpus Christi, TX | $108,771,206 | $10,804,915 |
Community Foundation Of Abilene Abilene, TX | $138,667,981 | $15,269,593 |
Community Foundation Of North Louisiana Shreveport, LA | $154,534,783 | $16,289,106 |
Albuquerque Community Foundation Albuquerque, NM | $124,587,657 | $15,721,383 |
Wichita Falls Area Community Foundation Wichita Falls, TX | $80,507,148 | $8,576,098 |