Clara B White Memorial Foundation Inc
- Assets
- $1.1m
- Revenue
- -$3.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Mckinney, TX
- Founding
- 12/1997
- Data as of
- 09/2021
- EIN
- 75-2681211
Organization Overview
Clara B White Memorial Foundation Inc is located in Mckinney, 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. Clara B White Memorial 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.
Since 2015, Clara B White Memorial Foundation Inc has awarded 45 individual grants totaling $185,500. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE EFFORTS TO BUILD RESILIENCE & SELF- SUFFICIENCY IN INDIGENOUUS COMMUNITIES ACROSS THE AMERICAS, PROTECTING THE ENVIRONMENT & IMPROVEMENT IN ECONOMIC OPPORTUNITIES IN CENTRAL AMERICA & ACROSS US TRIBAL LANDS
TO SUPPORT THE ORGANIZATION'S GOAL OF PROVIDING NEW BAGS AND BACKPACKS TO FOSTER AND AT RISK YOUTH IN NEED
TO SUPPORT RESCUE OF ABANDONDED, SURRENDERED AND ABUSED ENGLISH SETTERS TO COVER EXPENSE OF VET CARE AND FACILITATE ADOPTION
TO SUPPORT SUMMER CAMP FOR CHILDREN WITH PHYSICAL DISABILITIES, DOWN SYNDROME, TYPE I DIABETES AND FAMILY CAMPS TO AID IN THE DEVELOPMENT OF SELF-ESTEEM FOR THESE CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Carruth Vice Preside | 0 | $8,533 | |
Kenneth Hubbard Director | 0 | $8,533 | |
Sheila Simpson Director | 0 | $8,533 | |
Patricia Hubbard President | 0 | $0 | |
Jennifer Wilcox Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $27,131 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,559 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,423 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,599 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,958 |
| Interest | $0 |
| Taxes | $160 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,217 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $68,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,914 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,111,916 |
| 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 | $132,299 |
| Total liabilities | $132,299 |
Grants Awarded
Over the last fiscal year, Clara B White Memorial Foundation Inc has awarded $33,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HUNTER'S DAY1BAGS PURPOSE: SUPPORT FOR FOSTER CHILDREN | $9,000 |
Fort Collins, CO PURPOSE: ENVIRONMENTAL & ECONOMIC DEVELOPMENT | $9,000 |
SOUTHWEST ENGLISH SETTER RESCUE PURPOSE: DOG RESCUE SUPPORT | $7,000 |
Gainesville, TX PURPOSE: CHILDREN'S DIABETIC SUMMER CAMP | $3,000 |
Kerrville, TX PURPOSE: CHILDREN'S DIABETIC SUMMER CAMP | $3,000 |
RAE'S HOPE PURPOSE: YOUTH AFTER SCHOOL PROGRAM | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
Hamon Charitable Foundation Dallas, TX | $77,984,763 | $10,364,017 |
Alumbra Innovations Foundation Bentonville, AR | $55,483,470 | $25,346,784 |
Biogen Foundation Inc Dallas, TX | $25,561,498 | $3,880,862 |
The Margaret And Al Hill Family Foundation Dallas, TX | $0 | $526,228 |