Marian And Willie Langston Foundation
- Assets
- $469.1k
- Revenue
- $47.6k
- Investments
- $210.9k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 76-0649183
Organization Overview
Marian And Willie Langston Foundation is located in Houston, TX. The organization was established in 2000. 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. Marian And Willie Langston 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 12/2022, Marian And Willie Langston Foundation generated $47.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $54.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Marian And Willie Langston Foundation has awarded 52 individual grants totaling $820,136. 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.
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 |
|---|---|---|---|
Marian Langston Pres & Treas | 1 | $0 | |
Willie Langston Dir, VP And Sec | 1 | $0 | |
David Hatton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $231 |
| Dividends & Interest | $17,466 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,923 |
| Capital Gain Net Income | $29,923 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,620 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,705 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $186 |
| Total operating and administrative expenses | $4,491 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $53,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,331 |
| 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 | $106,903 |
| Total assets | $469,104 |
| 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, Marian And Willie Langston Foundation has awarded $49,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BREAKAWAY MINISTRIES PURPOSE: RELIGIOUS MINISTRY | $15,000 |
YELLOWSTONE ACADEMY PURPOSE: RELIGIOUS MINISTRY | $5,000 |
FILTER OF HOPE PURPOSE: GENERAL USE | $7,500 |
YWAM PURPOSE: RELIGIOUS MINISTRY | $4,000 |
STAR OF HOPE PURPOSE: HOMELESS NEEDS | $15,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES HOUSTON FCA PURPOSE: RELIGOUS ORGANIZATION | $3,000 |