Jeff B And Katherine B Love Foundation Foundation
- Assets
- $117.9k
- Revenue
- $28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/1987
- Data as of
- 12/2019
- EIN
- 76-0220082
Organization Overview
Jeff B And Katherine B Love Foundation Foundation is located in Houston, TX. The organization was established in 1987. 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.
For the year ending 12/2019, Jeff B And Katherine B Love Foundation Foundation generated $28.0k 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 (23.7%) each year. All expenses for the organization totaled $179.6k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Jeff B And Katherine B Love Foundation Foundation has awarded 91 individual grants totaling $574,050. 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 |
|---|---|---|---|
Jeff B Love President | 5 | $0 | |
Benton Love Director | 1 | $0 | |
Elizabeth Love Ross Director | 1 | $0 | |
Katherine Love Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,610 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,430 |
| Capital Gain Net Income | $25,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,064 |
| Contributions, gifts, grants paid | $174,500 |
| Total expenses and disbursements | $179,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,936 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $117,936 |
| 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, Jeff B And Katherine B Love Foundation Foundation has awarded $174,500 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHWAY ACADEMY PURPOSE: GENERAL | $2,000 |
ASTROS FOUNDATION PURPOSE: GENERAL | $4,000 |
BOYS & GIRLS CLUB OF AMERICA PURPOSE: GENERAL | $5,000 |
HOUSTON MARITIME MUSEUM PURPOSE: GENERAL | $2,500 |
JUNIOR ACHIEVEMENT OF SOUTHEAST TEXAS PURPOSE: GENERAL | $250 |
LAS CAMPANAS COMMUNITY FUNDS PURPOSE: GENERAL | $500 |