George F Sunkel Foundation Inc
- Assets
- $260.3k
- Revenue
- $10.0k
- Investments
- $218.4k
- Employees
- 0
- Location
- Plano, TX
- Founding
- 02/1970
- Data as of
- 07/2023
- EIN
- 75-6082991
Organization Overview
George F Sunkel Foundation Inc is located in Plano, TX. The organization was established in 1970. 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. George F Sunkel 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 07/2023, George F Sunkel Foundation Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $18.0k during the year ending 07/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DONATIONS TO TEN DIFFERENT CHARITABLE ORGANIZATIONS FOR CHARITABLE, RELIGIOUS & EDUCATIONAL PURPOSES
ADMINISTRATIVE EXPENSES INCURRED IN FULFILLING PURPOSES FOR WHICH THE FOUNDATION WAS ORGANIZED
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) | Role | Hours | Compensation |
|---|---|---|---|
Jim Frank President | 5 | $0 | |
Joseph L Frank Jr Vice-Pres | 5 | $0 | |
Jessica Karlinski Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $9,982 |
| 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 | $10,029 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $137 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $215 |
| Total operating and administrative expenses | $996 |
| Contributions, gifts, grants paid | $17,000 |
| Total expenses and disbursements | $17,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,682 |
| Savings and temporary cash investments | $9,077 |
| 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 | $24,100 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $110,175 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $260,306 |
| 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, George F Sunkel Foundation Inc has awarded $17,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS | $5,000 |
CLARKSVILLE IND SCHOOL DISTRICT PURPOSE: EDUCATIONAL | $2,000 |
CLARKSVILLE CEMETARY ASSOCIATION PURPOSE: CHARITABLE | $2,000 |
FAMILY PROMISE OF GRAYSON COUNTY PURPOSE: CHARITABLE | $1,000 |
NETWORK OF COMMUNITY MINISTRIES PURPOSE: CHARITABLE | $2,000 |
HOME HOSPICE OF GRAYSON COUNTY PURPOSE: CHARITABLE | $1,000 |