Sondra Nelson Pace Foundation is located in Mckinney, TX. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Sondra Nelson Pace 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, Sondra Nelson Pace Foundation generated $39.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $62.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sondra Nelson Pace Foundation has awarded 175 individual grants totaling $445,244. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sondra Nelson Pace Co-Chairman | 0 | $0 | |
Karen Fetner Co-Chairman | 0 | $0 | |
Kelli Cullen Co-Chairman | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,075 |
| Dividends & Interest | $13,361 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,953 |
| Capital Gain Net Income | $3,197 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,389 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,043 |
| Total operating and administrative expenses | $9,443 |
| Contributions, gifts, grants paid | $52,900 |
| Total expenses and disbursements | $62,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,439 |
| Savings and temporary cash investments | $84,146 |
| 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 | $768,989 |
| 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 |
Over the last fiscal year, Sondra Nelson Pace Foundation has awarded $52,900 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
MANSFIELD ISD EDUCATION FOUNDATION PURPOSE: EDUCATION | $4,000 |
AID FOR EDUCATORS PURPOSE: EDUCATION | $6,200 |
HOPE PURPOSE: RELIGIOUS | $1,250 |
NW AR FCA PURPOSE: RELIGIOUS | $3,000 |
INTERNATIONAL SPORTS FDN PURPOSE: RELIGIOUS | $6,200 |
CROSS CHURCH FAYETTEVILLE PURPOSE: RELIGIOUS | $4,750 |