Carolyn J & Robert J Allison Jr Family Foundation
- Assets
- $12.8m
- Revenue
- $490.0k
- Investments
- $11.9m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 76-0539246
Organization Overview
Carolyn J & Robert J Allison Jr Family Foundation is located in Houston, TX. The organization was established in 1998. 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. Carolyn J & Robert J Allison Jr Family 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 12/2023, Carolyn J & Robert J Allison Jr Family Foundation generated $490.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carolyn J & Robert J Allison Jr Family Foundation has awarded 51 individual grants totaling $6,551,350. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Secretary | 1 | $0 | |
Name Not Listed President | 1 | $0 | |
Name Not Listed Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $145,518 |
| Dividends & Interest | $300,929 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,663 |
| Capital Gain Net Income | $27,663 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,913 |
| Total Revenue | $490,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $191,910 |
| Contributions, gifts, grants paid | $3,522,250 |
| Total expenses and disbursements | $3,714,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $883,232 |
| 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 | $12,770,877 |
| 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, Carolyn J & Robert J Allison Jr Family Foundation has awarded $3,522,250 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENT PRESBYTERIAN CHURCH PURPOSE: CHARITABLE SUPPORT | $187,500 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: CHARITABLE SUPPORT | $300,000 |
BIBLE WAY CHURCH OF HOUSTON PURPOSE: CHARITABLE SUPPORT | $7,000 |
CO2 COALITION PURPOSE: CHARITABLE SUPPORT | $4,000 |
HILLSDALE COLLEGE PURPOSE: CHARITABLE SUPPORT | $30,000 |
DEPELCHIN CHILDREN'S CENTER PURPOSE: CHARITABLE SUPPORT | $10,000 |