J C Ferguson Foundation Inc
- Assets
- $28.3m
- Revenue
- $1.4m
- Investments
- $28.1m
- Employees
- 0
- Location
- Odessa, TX
- Founding
- 12/1997
- Data as of
- 06/2022
- EIN
- 75-2539175
Organization Overview
J C Ferguson Foundation Inc is located in Odessa, TX. The organization was established in 1997. 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. J C Ferguson Foundation Inc 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 06/2022, J C Ferguson Foundation Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 2.9% 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 2018, J C Ferguson Foundation Inc has awarded 270 individual grants totaling $7,794,720. 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 |
|---|---|---|---|
Steven B Barron President/treasurer/director | 6 | $0 | |
Ann Todd Secretary/director | 1 | $0 | |
Mary Koym Executive Director | 40 | $59,236 | |
Kathie Prudhomme Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $804,041 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $605,015 |
| Capital Gain Net Income | $605,015 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,409,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $59,236 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $13,328 |
| Interest | $0 |
| Taxes | $42,082 |
| Depreciation | $15,059 |
| Occupancy | $25,781 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $247 |
| Other expenses | $531 |
| Total operating and administrative expenses | $214,394 |
| Contributions, gifts, grants paid | $1,643,930 |
| Total expenses and disbursements | $1,858,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,761 |
| Savings and temporary cash investments | $3,265 |
| 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 | $0 |
| Net Land, buildings, and equipment | $52,152 |
| Other assets | $0 |
| Total assets | $28,270,610 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, J C Ferguson Foundation Inc has awarded $1,643,930 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
ADDY'S HOPE FOUNDATION PURPOSE: OPERATING SUPPORT | $20,000 |
AMERICAN RED CROSS PURPOSE: OPERATING SUPPORT | $40,000 |
AGAPE COUNSELING SERVICES PURPOSE: OPERATING SUPPORT | $10,000 |
APHASIA CENTER OF WEST TEXAS PURPOSE: OPERATING SUPPORT | $15,000 |
ASSEMBLIES OF GOD PURPOSE: OPERATING SUPPORT | $2,500 |
BIG BROTHERS BIG SISTERS PURPOSE: OPERATING SUPPORT | $10,000 |