Terrell Foundation
- Assets
- $893.0k
- Revenue
- $9.0
- Investments
- $879.5k
- Employees
- 0
- Location
- Stephenville, TX
- Founding
- 06/1959
- Data as of
- 12/2023
- EIN
- 75-6036585
Organization Overview
Terrell Foundation is located in Stephenville, TX. The organization was established in 1959. 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. Terrell 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, Terrell Foundation generated $9.0 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 (60.8%) each year. All expenses for the organization totaled $55.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Terrell Foundation has awarded 146 individual grants totaling $217,024. 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 |
|---|---|---|---|
Nicki Beth Jones Chairperson | 0 | $0 | |
Frank Terrell Trustee | 0 | $0 | |
Penny Elliott Trustee | 0 | $0 | |
Alisa T Starbird Trustee | 0 | $0 | |
Gary Sult Trustee | 0 | $0 | |
William Kendall Nix Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,888 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,879 |
| Capital Gain Net Income | $819 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $407 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,979 |
| Contributions, gifts, grants paid | $45,550 |
| Total expenses and disbursements | $55,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,513 |
| 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 | $276,029 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $893,009 |
| 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, Terrell Foundation has awarded $45,550 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ANNIES THERAPEUTIC COMPANIONS PURPOSE: CHARITABLE | $2,000 |
CASA FOR CROSS TIMBERS AREA PURPOSE: CHARITABLE | $2,000 |
CLAIRETTE COMMUNITY CENTER PURPOSE: CHARITABLE | $1,000 |
CROSS TIMBERS FAMILY SERVICES PURPOSE: CHARITABLE | $3,000 |
ERATH COUNTY HUMANE SOCIETY PURPOSE: CHARITABLE | $2,000 |
ERATH COUNTY SENIOR CITIZENS MOW PURPOSE: CHARITABLE | $2,000 |