Leland Fikes Foundation Inc
- Assets
- $101.9m
- Revenue
- $38.3m
- Investments
- $73.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/1954
- Data as of
- 12/2021
- EIN
- 75-6035984
Organization Overview
Leland Fikes Foundation Inc is located in Dallas, TX. The organization was established in 1954. 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. Leland Fikes Foundation 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 12/2021, Leland Fikes Foundation Inc generated $38.3m in total revenue. All expenses for the organization totaled $7.9m during the year ending 12/2021.
Since 2020, Leland Fikes Foundation Inc has awarded 248 individual grants totaling $41,504,700. 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 |
|---|---|---|---|
Amy L Fikes President | 10 | $0 | |
Lee Fikes Treasurer | 1 | $0 | |
Catherine F Lavie Vice President | 1 | $0 | |
Brendan J Fikes Vice President | 15 | $221,683 | |
Lauren Blitzer Secretary | 37.5 | $247,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fikes Family Office | 12/30/22 | $1,635,955 |
Sawgrass Asset Management | 12/30/22 | $124,951 |
Graham Mortgage & Affiliates | 12/30/22 | $41,354 |
Todd Asset Management | 12/30/22 | $98,353 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $3,057,559 |
| Net Rental Income | $2,268 |
| Net Gain on Sale of Assets | $33,726,602 |
| Capital Gain Net Income | $33,722,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $384,701 |
| Other Income | $1,037,238 |
| Total Revenue | $38,297,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $143,620 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $16,133 |
| Interest | $5,947 |
| Taxes | $215,375 |
| Depreciation | $20,026 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,013,949 |
| Total operating and administrative expenses | $3,040,731 |
| Contributions, gifts, grants paid | $4,900,000 |
| Total expenses and disbursements | $7,940,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,663,425 |
| Net Accounts receivable | $83,330 |
| 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 | $1,972,786 |
| Investments—mortgage loans | $7,593,685 |
| Investments—other | $37,355,700 |
| Net Land, buildings, and equipment | $172 |
| Other assets | $0 |
| Total assets | $101,923,625 |
| Accounts payable and accrued expenses | $193,880 |
| 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 | $193,880 |
Grants Awarded
Over the last fiscal year, Leland Fikes Foundation Inc has awarded $5,600,000 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR JUSTICE PURPOSE: GENERAL OPERATING | $50,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF TEXAS PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
ALLIANCE FOR YOUTH ORGANIZING PURPOSE: GENERAL OPERATING SUPPORT OF MOVE TEXAS CIVIC FUND | $25,000 |
ABIDE WOMEN'S HEALTH SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
AVOW FOUNDATION FOR ABORTION ACCESS PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
CENTER FOR PUBLIC POLICY PRIORITIES PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |