T L L Temple Foundation
- Assets
- $464.5m
- Revenue
- $44.1m
- Investments
- $454.7m
- Employees
- 0
- Location
- Lufkin, TX
- Founding
- 10/1964
- Data as of
- 11/2022
- EIN
- 75-6037406
Organization Overview
T L L Temple Foundation is located in Lufkin, 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. T L L Temple 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 11/2022, T L L Temple Foundation generated $44.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 72.5% each year . All expenses for the organization totaled $31.9m during the year ending 11/2022. While expenses have increased by 12.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Sweeny Trustee | 2 | $9,000 | |
Ellen Temple Trustee | 2 | $0 | |
Hannah Temple Vice-Chair | 2 | $0 | |
William Spencer Trustee | 2 | $0 | |
Hilliard J Shands III Treasurer | 2 | $9,000 | |
W Temple Webber III Chair | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cornerstone Partners Llc | 11/29/23 | $1,778,197 |
Allen Loggins & Sons Inc | 11/29/23 | $178,750 |
Zrg Partners Holding Corp | 11/29/23 | $144,500 |
Larson & Mcgowin Llc | 11/29/23 | $114,765 |
Kartye Land Management Services Llc | 11/29/23 | $129,773 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,277,275 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,203,252 |
| Capital Gain Net Income | $24,203,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,589,610 |
| Total Revenue | $44,070,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $488,000 |
| Other employee salaries and wages | $960,966 |
| Pension plans, employee benefits | $516,850 |
| Interest | $0 |
| Taxes | $583,946 |
| Depreciation | $166,144 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $44,754 |
| Printing and publications | $9,063 |
| Other expenses | $2,516,365 |
| Total operating and administrative expenses | $5,362,382 |
| Contributions, gifts, grants paid | $26,499,019 |
| Total expenses and disbursements | $31,861,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201 |
| Savings and temporary cash investments | $3,910,752 |
| 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 | $2,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,669,779 |
| Net Land, buildings, and equipment | $3,371,485 |
| Other assets | $50,000 |
| Total assets | $464,501,486 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $22,687,461 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $141,077 |
| Total liabilities | $22,828,538 |