William F & Moonyeen Reynolds Foundation
- Assets
- $999.2k
- Revenue
- $168.5k
- Investments
- $880.2k
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 82-1501880
Organization Overview
William F & Moonyeen Reynolds Foundation is located in Wichita Falls, TX. The organization was established in 2018. 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. William F & Moonyeen Reynolds 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, William F & Moonyeen Reynolds Foundation generated $168.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $98.7k during the year ending 12/2022. While expenses have increased by 19.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, William F & Moonyeen Reynolds Foundation has awarded 47 individual grants totaling $242,850. 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 |
|---|---|---|---|
Moonyeen Reynolds President & Director | 0 | $0 | |
Bob Henry Vice-President & Director | 0 | $0 | |
Erwin Davenport Secretary & Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,350 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,640 |
| Capital Gain Net Income | $108,640 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $168,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,667 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,206 |
| Contributions, gifts, grants paid | $78,500 |
| Total expenses and disbursements | $98,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,341 |
| Savings and temporary cash investments | $110,716 |
| 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 | $999,217 |
| Accounts payable and accrued expenses | $865 |
| 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 | $865 |
Grants Awarded
Over the last fiscal year, William F & Moonyeen Reynolds Foundation has awarded $78,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA NORTHWEST TX COUNCIL PURPOSE: OPERATING BUDGET | $1,000 |
BOYS & GIRLS CLUBS OF WICHITA FALLS PURPOSE: ANNUAL CAMPAIGN | $5,000 |
FAITH MISSION PURPOSE: OPERATING BUDGET | $10,000 |
INTERFAITH OUTREACH SERVICES PURPOSE: OPERATING BUDGET | $10,000 |
MIDWESTERN STATE UNIVERSITY PURPOSE: PRESIDENT'S EXCELLENCE CIRCLE | $5,000 |
NORTH TEXAS PANTRY PURPOSE: OPERATING BUDGET | $10,000 |