C L Rowan Charitable & Educational Fund Inc
- Assets
- $382.2k
- Revenue
- $10.3k
- Investments
- $163.9k
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 07/1961
- Data as of
- 10/2023
- EIN
- 75-6009661
Organization Overview
C L Rowan Charitable & Educational Fund Inc is located in Fort Worth, TX. The organization was established in 1961. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C L Rowan Charitable & Educational Fund Inc 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 10/2023, C L Rowan Charitable & Educational Fund Inc generated $10.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $24.3k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, C L Rowan Charitable & Educational Fund Inc has awarded 30 individual grants totaling $145,500. 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 |
|---|---|---|---|
Brent R Hyder President | 2 | $0 | |
Whitney H More Secretary | 2 | $0 | |
Estate Of Martha R Hyder Treasurer | 0 | $0 | |
Kelly R Greenwell Vice Pres | 0 | $0 | |
Howard Hultgren Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,715 |
| Capital Gain Net Income | $2,715 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,278 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,475 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,325 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $24,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,620 |
| Savings and temporary cash investments | $0 |
| 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 | $114,673 |
| Total assets | $382,221 |
| 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, C L Rowan Charitable & Educational Fund Inc has awarded $19,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TARRANT AREA FOOD BANK PURPOSE: OPERATING BUDGET | $2,000 |
THE CLIBURN PURPOSE: OPERATING BUDGET | $9,000 |
HISTORIC COMO CITY OF FORT WORTH TX PURPOSE: SUPPORT OF COMO FEST | $3,000 |
STAR SPONSORSHIP PROGRAM INC PURPOSE: OPERATNG BUDGET | $2,000 |
COMO LION'S HEART INC PURPOSE: SPONSOR COMMUNITY BASED PROGRAMS | $3,000 |