Lee And Ramona Bass Foundation
- Assets
- $78.7m
- Revenue
- $3.9m
- Investments
- $76.1m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 10/1994
- Data as of
- 12/2023
- EIN
- 75-2495163
Organization Overview
Lee And Ramona Bass Foundation is located in Fort Worth, TX. The organization was established in 1994. 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. Lee And Ramona Bass 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, Lee And Ramona Bass Foundation generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lee And Ramona Bass Foundation has awarded 47 individual grants totaling $53,809,091. 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
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston M Geren III Executive Director | 1 | $0 | |
Lee M Bass Presidenttreasurer | 0.5 | $0 | |
Ramona S Bass Vice President | 0.5 | $0 | |
Thomas W White Vice Presidentsecretary | 0.5 | $0 | |
Gary W Reese Vice President | 0.5 | $0 | |
Dee Steer Assistant Secretary | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kelly Hart Hallman | 12/30/23 | $74,490 |
Luther King Capital Management | 12/30/23 | $128,601 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,098,055 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,806,206 |
| Capital Gain Net Income | $2,806,206 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $3,904,262 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $248,992 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,634 |
| Total operating and administrative expenses | $520,511 |
| Contributions, gifts, grants paid | $604,387 |
| Total expenses and disbursements | $1,124,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,489,870 |
| Savings and temporary cash investments | $35,418 |
| Net Accounts receivable | $36,188 |
| 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 | $15,157,785 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $78,687,032 |
| Accounts payable and accrued expenses | $30,450 |
| Grants payable | $500,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $539,920 |
| Total liabilities | $1,070,370 |
Grants Awarded
Over the last fiscal year, Lee And Ramona Bass Foundation has awarded $5,282,829 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
VANDERBILT UNIVERSITY PURPOSE: BASS MILITARY SCHOLARS PROGRAM | $30,000 |
THE INTERNATIONAL RHINO FOUNDATION PURPOSE: GENERAL SUPPORT | $250,000 |
OKLAHOMA STATE UNIVERSITY FND PURPOSE: GREATER PRAIRIE-CHICKEN PROJECT SUPPORT | $104,213 |
THE PEREGRINE FUND PURPOSE: APLOMADO FALCON PROJECT & ENDOWMENT SUPPORT | $375,000 |
FORT WORTH ZOOLOGICAL ASSOCIATION PURPOSE: SUPPORT FOR A WILDER VISION MASTER PLAN PROJECT | $3,400,000 |
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: TEXAS INVASIVE SPECIES RESEARCH PROGRAM | $998,616 |