The J B And Mary Lou Sandlin Family Foundation
- Assets
- $2.5m
- Revenue
- -$2.3k
- Investments
- $295.3k
- Employees
- 0
- Location
- North Richland Hills, TX
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 75-2839017
Organization Overview
The J B And Mary Lou Sandlin Family Foundation is located in North Richland Hills, TX. The organization was established in 1999. 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. J B And Mary Lou Sandlin Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, J B And Mary Lou Sandlin Family Foundation has awarded 84 individual grants totaling $275,494. 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 |
|---|---|---|---|
Michael A Sandlin Director | 0 | $0 | |
Terry Lee Sandlin Director | 0 | $0 | |
J Scott Sandlin President | 0 | $0 | |
Suzan M Speight Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $196 |
| Dividends & Interest | $6,472 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,003 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$2,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,947 |
| Contributions, gifts, grants paid | $55,694 |
| Total expenses and disbursements | $61,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,786 |
| Savings and temporary cash investments | $9,804 |
| 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 | $295,266 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,153,735 |
| Total assets | $2,489,591 |
| 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, The J B And Mary Lou Sandlin Family Foundation has awarded $55,694 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AT&T PERFORMING ARTS PURPOSE: CHARITABLE ACTIVITIES | $1,000 |
BROADWAY DALLAS PURPOSE: CHARITABLE ACTIVITIES | $3,500 |
COMMUNITY ENRICHMENT CENTER PURPOSE: CHARITABLE ACTIVITIES | $10,000 |
DALLAS AREA PARKINSONISM SOCIETY PURPOSE: CHARITABLE ACTIVITIES | $1,000 |
EQUITABLE CHATHOLIC CHARITIES POLOCY PURPOSE: CHARITABLE ACTIVITIES | $2,500 |
FORT WORTH HOPE CENTER PURPOSE: CHARITABLE ACTIVITIES | $1,000 |