Don & Sybil Harrington Foundation

Organization Overview

Don & Sybil Harrington Foundation is located in Amarillo, TX. The organization was established in 1971. 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. Don & Sybil Harrington 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 12/2021, Don & Sybil Harrington Foundation generated $21.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $10.8m during the year ending 12/2021. While expenses have increased by 7.3% 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 2014, Don & Sybil Harrington Foundation has awarded 189 individual grants totaling $26,000,007. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT ORGANIZATION OF AMARILLO AREA FOUNDATION, INC. MEETING CHARITABLE NEEDS THROUGH DISCRETIONARY GRANTS TO 501(C)(3) NONPROFIT ORGANIZATIONS LOCATED THROUGHOUT THE TEXAS PANHANDLE.

Describe the Organization's Program Activity:

MEETING CHARITABLE NEEDS THROUGH DISCRETIONARY GRANTS TO 501(C)(3) NONPROFIT ORGANIZATIONS LOCATED THROUGHOUT THE TEXAS PANHANDLE.


DISTRIBUTION OF 24.55% OF NET INCOME TO 15 DESIGNATED 501(C)(3) NONPROFIT ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Paul Clark
Vice Chair
$0
Lori Henke
Chair
$0
Vanessa Buzzard
Secretary/tr
$0
Clay Stribling
President &
$0
David Hurtt
Assistant Se
$0
Roy Bara
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$39,600
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$39,610
Total Program Service Revenue$0
Investment income $554,728
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $21,206,757
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,691,315

Grants Awarded

Over the last fiscal year, Don & Sybil Harrington Foundation has awarded $8,609,163 in support to 21 organizations.

Grant RecipientAmount

DECOURSEY PROPERTIES

Org PageRecipient Profile

Amarillo, TX

PURPOSE: CAPITAL SUPPORT

$6,316,000

AMARILLO AREA FOUNDATION INC

Org PageRecipient Profile

Amarillo, TX

PURPOSE: GENERAL SUPPORT

$806,930

TEXAS TECH FOUNDATION

Org PageRecipient Profile

Lubbock, TX

PURPOSE: PROGRAM SUPPORT

$200,000

Amarillo, TX

PURPOSE: CAPITAL SUPPORT

$165,000

CITY OF CLAUDE

PURPOSE: CAPITAL SUPPORT

$150,000

HIGH PLAINS FOOD BANK

Org PageRecipient Profile

Amarillo, TX

PURPOSE: CAPITAL SUPPORT

$125,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Don & Sybil Harrington Foundation has recieved totaling $39,600.

Awarding OrganizationAmount
Amarillo Area Foundation Inc

Amarillo, TX

PURPOSE: GENERAL SUPPORT

$39,600
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,784,152
Earnings$1,963,527
Admin Expense$11,774
Grants$50,000
Ending Balance$14,685,905

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