Kickapoo Springs Foundation
- Assets
- $72.2m
- Revenue
- $14.2m
- Investments
- $66.5m
- Employees
- 0
- Location
- Abilene, TX
- Founding
- 01/1998
- Data as of
- 12/2020
- EIN
- 75-2684716
Organization Overview
Kickapoo Springs Foundation is located in Abilene, TX. The organization was established in 1998. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Kickapoo Springs 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 12/2020, Kickapoo Springs Foundation generated $14.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.7% each year . All expenses for the organization totaled $10.4m during the year ending 12/2020. While expenses have increased by 32.8% per year over the past 3 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 2020, Kickapoo Springs Foundation has awarded 268 individual grants totaling $38,232,832. 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.
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) | Role | Hours | Compensation |
|---|---|---|---|
Joseph E Canon Director/exec Vp/exec Dire | 11.67 | $82,924 | |
Kade L Matthews Director/president | 4 | $81,431 | |
Jeff Blanks Vice Pres/tres/cfo | 13.33 | $74,193 | |
Watt Matthews Senior Vice President - Investments | 8 | $72,547 | |
Linda S Buckner Vice Pres/sec/property Adm | 12 | $51,314 | |
John A Matthews Jr Director/chairman/ceo | 3 | $36,111 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Legett Foundation | 12/30/21 | $682,730 |
Condley And Company Llp | 12/30/21 | $69,395 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,250 |
| Dividends & Interest | $1,198,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,913,178 |
| Capital Gain Net Income | $4,913,178 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,109,639 |
| Total Revenue | $14,228,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310,442 |
| Depreciation | $880,048 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,057 |
| Printing and publications | $0 |
| Other expenses | $1,148,949 |
| Total operating and administrative expenses | $2,398,976 |
| Contributions, gifts, grants paid | $8,006,149 |
| Total expenses and disbursements | $10,405,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,664,907 |
| 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 | $30,182,139 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $72,184,356 |
| 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 | $221,201 |
| Total liabilities | $221,201 |
Grants Awarded
Over the last fiscal year, Kickapoo Springs Foundation has awarded $22,149,871 in support to 124 organizations.
| Grant Recipient | Amount |
|---|---|
Abilene, TX PURPOSE: DOWNTOWN HOTEL PROJECT | $3,000,000 |
UNIVERSITY OF TEXAS AT EL PASO PURPOSE: TO ESTABLISH AND FUND THE CENTER FOR FREE ENTERPRISE AND ENTREPRENEURSHIP | $2,929,909 |
San Angelo, TX PURPOSE: COLISEUM RENOVATION | $2,000,000 |
Lubbock, TX PURPOSE: EDUCATIONAL/ TO SUPPORT RESEARCH AT THE FREE MARKET INSTITUTE | $1,750,000 |
Abilene, TX PURPOSE: CHARITABLE/ LINCOLN MIDDLE SCHOOL RENOVATION | $1,250,000 |
Abilene, TX PURPOSE: EDUCATIONAL/ CAMPUS CENTER RENOVATION AND ADDITION PROJECT | $1,100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legett Foundation Abilene, TX | $82,883,497 | $23,683,505 |
Kickapoo Springs Foundation Abilene, TX | $72,184,356 | $14,228,741 |
L S U Property Foundation Baton Rouge, LA | $15,333,183 | $5,972,139 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
Liberty Ukraine Foundation Austin, TX | $882,212 | $2,684,973 |
Friend Ships Lake Charles, LA | $2,732,214 | $1,634,834 |
Trinity Oaks Enterprises San Antonio, TX | $6,662,220 | $1,110,541 |
At&t Employee Relief Fund Dallas, TX | $5,954,314 | $1,646,484 |
The Manna Center Siloam Springs, AR | $826,207 | $1,196,710 |
Holt Foundation San Antonio, TX | $3,165,417 | $1,736,930 |
Pauls Valley General Hospital Foundation Pauls Valley, OK | $1,892,753 | $1,057,903 |
Wilson Charitable Tr Jacksonville, AR | $1,312,947 | $53,064 |