Don Looney Charitable Trust is located in San Antonio, TX. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Don Looney Charitable Trust 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, Don Looney Charitable Trust generated $33.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $85.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Don Looney Charitable Trust has awarded 43 individual grants totaling $180,000. 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
NONE
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,390 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,706 |
| Capital Gain Net Income | $7,706 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,096 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,156 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,799 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,305 |
| Contributions, gifts, grants paid | $67,500 |
| Total expenses and disbursements | $85,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,929 |
| 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 | $1,199,070 |
| 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, Don Looney Charitable Trust has awarded $67,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
THE FIRST TEE OF FORT WORTH PURPOSE: UNRESTRICTED GRANT | $2,500 |
RUTLEDGE CANCER FOUNDATION PURPOSE: UNRESTRICTED GRANT | $2,000 |
ACADEMY 4 PURPOSE: UNRESTRICTED GRANT | $5,000 |
BOYS&GIRLS CLUBOF GREATER TARRANTCO PURPOSE: UNRESTRICTED GRANT | $10,000 |
CAMP FIRE FIRST TEXAS PURPOSE: UNRESTRICTED GRANT | $1,500 |
CASA MANANA INC PURPOSE: UNRESTRICTED GRANT | $3,000 |