Texas Business Hall Of Fame Foundation

Organization Overview

Texas Business Hall Of Fame Foundation is located in Houston, TX. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Texas Business Hall Of Fame Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Business Hall Of Fame 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, Texas Business Hall Of Fame Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ANNUALLY, THE TEXAS BUSINESS HALL OF FAME INDUCTS SIX TRANSFORMATIONAL BUSINESS LEADERS, FUNDS AN AWARD PROGRAM FOR ENTREPRENEURIAL BUSINESS STUDENTS AND VETERANS, AND SUPPORTS TEXAS ENTREPRENEURSHIP COMPETITIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Meredith Walker
Executive Director
$237,634
John G Keeton
President/chair-Elect
$0
D Leigh Martin
VP Development
$0
Larry Hanrahan
VP Alumni Association
$0
Jason Signor
VP New Initiatives
$0
Brian W Garrison
VP Finance & Audit
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
International Meeting Managers
Management
$301,975
Linda Ruff Productions
Productions
$152,357
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$34,850
Fundraising events$950,387
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$660,284
Noncash contributions included in lines 1a–1f $12,325
Total Revenue from Contributions, Gifts, Grants & Similar$1,645,521
Total Program Service Revenue$0
Investment income $49,384
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $27,357
Net Income from Fundraising Events -$107,474
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,614,788

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Texas Business Hall Of Fame Foundation has recieved totaling $355,385.

Awarding OrganizationAmount
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$158,885
Mitchell Foundation

Dallas, TX

PURPOSE: PROVIDE SCHOLARSHIPS TO BUSINESS STUDENTS

$105,000
Texas Womens Foundation

Dallas, TX

PURPOSE: PROGRAM: LUCY BILLINGSLEY FUTURE BUSINESS AWARD AT SMU

$15,000
San Antonio Area Foundation

San Antonio, TX

PURPOSE: GENERAL SUPPORT

$15,000
Wiggs Family Foundation

Wilmington, DE

PURPOSE: BRETT WIGGS INNOVATIVE LEADERSHIP FUND

$15,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: PUBLIC BENEFIT

$13,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,230,057
Earnings$254,268
Grants$45,000
Ending Balance$1,439,325

Create an account to unlock the data you need.

or