Pate Foundation

Organization Overview

Pate Foundation is located in Fort Worth, TX. The organization was established in 1961. 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. Pate 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 12/2021, Pate Foundation generated $315.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $233.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Pate Foundation has awarded 35 individual grants totaling $352,000. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

THE PATE FOUNDATION GRANTS EDUCATIONAL SCHOLARSHIPS.


THE PATE FOUNDATION MAKES GRANTS TO OTHER SEC. 501(C)(3) ORGANIZATIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
C Patrick Pate
President
$0
Charles P Pate Jr
Vice President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $54
Dividends & Interest $84,111
Net Rental Income$0
Net Gain on Sale of Assets $225,949
Capital Gain Net Income $225,949
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,809
Total Revenue $315,923

Grants Awarded

Over the last fiscal year, Pate Foundation has awarded $175,500 in support to 18 organizations.

Grant RecipientAmount

TCU HARRIS SCHOOL OF NURSING

PURPOSE: EDUCATIONAL SCHOLARSHIPS

$50,000

UNION GOSPEL MISSION

PURPOSE: GENERAL PURPOSE

$15,000

TRINITY VALLEY SCHOOL

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: EDUCATIONAL SCHOLARSHIPS

$15,000

PRESBYTERIAN NIGHT SHELTER

PURPOSE: GENERAL PURPOSE

$15,000

PATRIOT PAWS SERVICE DOGS

Org PageRecipient Profile

Rockwall, TX

PURPOSE: GENERAL PURPOSE

$10,000

COOKS CHILDREN HEALTH FOUNDATION

PURPOSE: GENERAL PURPOSE

$10,000
View Grant Profile

Peer Organizations

Create an account to unlock the data you need.

or