Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt
- Assets
- $68.7m
- Revenue
- $1.8m
- Investments
- $65.7m
- Employees
- 0
- Location
- Irving, TX
- Founding
- 04/1998
- Data as of
- 12/2020
- EIN
- 75-2734032
Organization Overview
Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt is located in Irving, TX. The organization was established in 1998. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt 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, Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2013, Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt has awarded 373 individual grants totaling $19,679,215. 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 |
|---|---|---|---|
T Charles Pierson Executive Dir. | 40 | $244,115 | |
Eileen Resnik Program Director | 40 | $105,365 | |
Mike Mcelroy Controller | 40 | $95,400 | |
Janemarie Clark Exec. Assistant | 40 | $66,485 | |
Jerry D Reis Chairman | 2 | $32,000 | |
Lon R Williams Vice Chairman | 2 | $30,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Equity Metrix | 12/30/13 | $0 |
Equity Metrix | 12/30/13 | $75,937 |
Fayez Sarofim & Co | 12/30/13 | $103,096 |
Fayez Sarofim & Co | 12/30/13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,954 |
| Interest on Savings | $416,101 |
| Dividends & Interest | $109,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $472,734 |
| Capital Gain Net Income | $472,734 |
| Net ST Capital Gain | $0 |
| Income Modifications | $10,488 |
| Profit on Inventory Sales | $0 |
| Other Income | $747,277 |
| Total Revenue | $1,796,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $689,220 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $233,938 |
| Interest | $0 |
| Taxes | $78,720 |
| Depreciation | $76,938 |
| Occupancy | $51,842 |
| Travel, conferences, and meetings | $42,529 |
| Printing and publications | $0 |
| Other expenses | $425,583 |
| Total operating and administrative expenses | $1,637,762 |
| Contributions, gifts, grants paid | $2,478,820 |
| Total expenses and disbursements | $4,116,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $907,462 |
| Savings and temporary cash investments | $1,611,765 |
| Net Accounts receivable | $113,530 |
| 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 | $21,629 |
| Net Investments - land, buildings, equipment | $279,402 |
| Investments—mortgage loans | $2,509,914 |
| Investments—other | $32,526,376 |
| Net Land, buildings, and equipment | $10,883 |
| Other assets | $0 |
| Total assets | $68,664,613 |
| Accounts payable and accrued expenses | $60,927 |
| 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 | $167,649 |
| Total liabilities | $228,576 |
Grants Awarded
Over the last fiscal year, Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt has awarded $4,957,640 in support to 108 organizations.
| Grant Recipient | Amount |
|---|---|
LAW FOCUSED EDUCSTATE BAR OF TEXAS PURPOSE: TEXAS CITIZEN BEE AND WHAT UNITES PROGRAM | $727,250 |
LAW FOCUSED EDUCSTATE BAR OF TEXAS PURPOSE: TEXAS CITIZEN BEE AND WHAT UNITES PROGRAM | $727,250 |
YMCA OF AUSTIN PURPOSE: GENERAL SUPPORT | $225,000 |
YMCA OF AUSTIN PURPOSE: GENERAL SUPPORT | $225,000 |
INSTITUTE FOR POLICY INNOVATION PURPOSE: HWS DISTINGUISHED LECTURES | $150,000 |
INSTITUTE FOR POLICY INNOVATION PURPOSE: HWS DISTINGUISHED LECTURES | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Regional Hiv Aids Resource Group Inc Houston, TX | $3,467,315 | $13,553,453 |
Hatton W Sumners Foundation For The Study & Teaching Of Sci Self-Govt Irving, TX | $68,664,613 | $1,796,226 |
Safe City Commission Fort Worth, TX | $19,411,946 | $2,651,628 |
Crime Stoppers Of Houston Inc Houston, TX | $14,897,848 | $4,225,177 |
Peace At Home Family Shelter Inc Fayetteville, AR | $4,641,264 | $2,635,221 |
Haven House Inc Rio Rancho, NM | $576,399 | $1,315,323 |
Oklahoma Sheriff Association Edmond, OK | $4,746,107 | $1,057,373 |
Louisiana Sheriffs Honorary Membership Program Baton Rouge, LA | $2,366,249 | $1,151,642 |
Crimestoppers Inc Metairie, LA | $3,606,570 | $889,505 |
Greater Austin Crime Commission Austin, TX | $415,493 | $537,240 |
Hutchinson County Crisis Center Inc Borger, TX | $197,806 | $548,800 |
Morgan Nick Foundation Alma, AR | $84,511 | $508,315 |