Hodges Texas Charitable Trust is located in Fort Worth, TX. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2022, Hodges Texas Charitable Trust generated $175.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $97.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hodges Texas Charitable Trust has awarded 16 individual grants totaling $101,922. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 5 AND EXPENSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold R Curtis Trustee | 0 | $0 | |
June Yeager Martin Trustee | 0 | $0 | |
David Amend Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $196 |
| Dividends & Interest | $2,113 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,494 |
| Capital Gain Net Income | $5,494 |
| Net ST Capital Gain | $5,494 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $167,823 |
| Total Revenue | $175,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,507 |
| Depreciation | $31,047 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,705 |
| Total operating and administrative expenses | $62,034 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $97,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,294 |
| Savings and temporary cash investments | $0 |
| 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 | $250,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $560,254 |
| 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 |
Over the last fiscal year, Hodges Texas Charitable Trust has awarded $35,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSTIY OF HOUSTON PURPOSE: EDUCATION | $2,500 |
UNIVERSITY OF SOUTH CAROLINA PURPOSE: EDUCATIONAL | $10,000 |
CISCO JUNIOR COLLEGE PURPOSE: EDUCATIONAL | $5,000 |
COLLIN COUNTY COMMUNITY COLLEGE PURPOSE: EDUCATIONAL | $7,500 |
AUBURN UNIVERSITY PURPOSE: EDUCATIONAL | $2,500 |
ABILENE CHRISTIAN UNIVERSITY PURPOSE: EDUCATION | $7,500 |