Clee And Olivia Elliott Childrens Foundation
- Assets
- $524.4k
- Revenue
- $27.1k
- Investments
- $154.3k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 75-2719413
Organization Overview
Clee And Olivia Elliott Childrens Foundation is located in Dallas, TX. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Clee And Olivia Elliott Childrens 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 12/2022, Clee And Olivia Elliott Childrens Foundation generated $27.1k 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 (12.8%) each year. All expenses for the organization totaled $26.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Clee And Olivia Elliott Childrens Foundation has awarded 47 individual grants totaling $145,655. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH CONTRIBUTIONS. SEE PART XV FOR DETAIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clayton C Elliott Director | 1 | $0 | |
Barbara Elliott Director | 1 | $0 | |
Maynon Elliott Director | 1 | $0 | |
Stephen Klorfein Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,201 |
| Capital Gain Net Income | $7,201 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,120 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $134 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $1,154 |
| Contributions, gifts, grants paid | $25,020 |
| Total expenses and disbursements | $26,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,704 |
| Net Accounts receivable | $365,366 |
| 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 | $154,312 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $16 |
| Total assets | $524,398 |
| 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, Clee And Olivia Elliott Childrens Foundation has awarded $25,020 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY ASSISTANCE CENTER PURPOSE: CARE FOR CHILDREN | $2,500 |
COMMUNITY PARTNERS OF DALLAS PURPOSE: CARE FOR CHILDREN | $4,750 |
GIRLS INC PURPOSE: CARE FOR CHILDREN | $3,000 |
READERS 2 LEADERS PURPOSE: CARE FOR CHILDREN | $4,000 |
FIRST CHRISTIAN CHURCH PURPOSE: CARE FOR CHILDREN | $5,000 |
SHRINERS HOSPITAL FOR CHILDREN PURPOSE: CARE FOR CHILDREN | $520 |