Clampitt Foundation
- Assets
- $955.4k
- Revenue
- $46.0k
- Investments
- $912.5k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/1964
- Data as of
- 12/2023
- EIN
- 75-6034280
Organization Overview
Clampitt Foundation is located in Dallas, TX. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Clampitt 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 12/2023, Clampitt Foundation generated $46.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $32.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Clampitt Foundation has awarded 174 individual grants totaling $450,138. 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 |
|---|---|---|---|
Donald Clampitt President | 2 | $0 | |
Gary Klusman Treasurer | 1 | $0 | |
Jordan Holt Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,045 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,045 |
| 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 | $64 |
| Total operating and administrative expenses | $64 |
| Contributions, gifts, grants paid | $32,605 |
| Total expenses and disbursements | $32,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,946 |
| 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 | $955,430 |
| 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, Clampitt Foundation has awarded $32,605 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AAF FOUNDATION PURPOSE: MEDICAL | $500 |
AIGA - DFW PURPOSE: COMMUNITY DEVELOPMENT | $500 |
AMERICAN HEART ASSOCIATION PURPOSE: MEDICAL | $1,000 |
CAMP HOPE PURPOSE: COMMUNITY DEVELOPMENT | $1,000 |
NORTH TEXAS BUSINESS COUNCIL FOR THE ARTS PURPOSE: ART BOOST DALLAS 2023 | $500 |
CHILDRENS HEALTH PURPOSE: MEDICAL | $5,000 |