The Mission 316 Foundation
- Assets
- $6.7m
- Revenue
- -$527.8k
- Investments
- $5.4m
- Employees
- 0
- Location
- Plano, TX
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-3560580
Organization Overview
The Mission 316 Foundation is located in Plano, TX. The organization was established in 2018. 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. Mission 316 Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Mission 316 Foundation has awarded 45 individual grants totaling $1,688,500. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Benjamin Heaslip Director | 2 | $0 | |
Sarah Margaret Heaslip Director | 0.5 | $0 | |
David Donald Simpkin Director | 2 | $0 | |
Bryce Staveley Director | 10 | $0 | |
Brett Billman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,282 |
| Dividends & Interest | $141,326 |
| Net Rental Income | -$35,546 |
| Net Gain on Sale of Assets | -$701,591 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$527,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,723 |
| Depreciation | $19,672 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $25,825 |
| Printing and publications | $0 |
| Other expenses | $1,665 |
| Total operating and administrative expenses | $134,788 |
| Contributions, gifts, grants paid | $382,000 |
| Total expenses and disbursements | $516,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,554 |
| 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 | $752,176 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,692,456 |
| 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, The Mission 316 Foundation has awarded $382,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTIVE CROSS-CULTURAL INITIATIVES PURPOSE: CHARITY SUPPORT | $152,000 |
AGAPE INTERNATIONAL MISSIONS PURPOSE: CHARITY SUPPORT | $60,000 |
BRETHREN IN CHRIST US PURPOSE: CHARITY SUPPORT | $10,000 |
CEOC PURPOSE: CHARITY SUPPORT | $11,000 |
CHILDREN'S LITERACY PROJECT PURPOSE: CHARITY SUPPORT | $10,000 |
CRU PURPOSE: CHARITY SUPPORT | $4,000 |