Folsom Point Charities
- Assets
- $164.1k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- Data as of
- 12/2022
- EIN
- 83-0693519
Organization Overview
Folsom Point Charities is located in Fort Worth, TX. 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. Folsom Point Charities 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, Folsom Point Charities generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 45.6% per year over the past 3 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 2020, Folsom Point Charities has awarded 117 individual grants totaling $4,765,354. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Fierer Brown President | 0 | $0 | |
John Michael Fierer Vice President/secretary | 0 | $0 | |
Mark Fierer Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,891,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,891,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,966 |
| Total operating and administrative expenses | $4,826 |
| Contributions, gifts, grants paid | $2,771,592 |
| Total expenses and disbursements | $2,776,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,065 |
| 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 | $0 |
| Total assets | $164,065 |
| 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, Folsom Point Charities has awarded $2,771,592 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
AGRICULTURAL DEVELOPMENT FUND PURPOSE: FOR AGRICULTURAL DEVELOPMENT | $2,000 |
AMERICAN CORNERSTONE INSTITUTE PURPOSE: FOR FELLOWSHIP AND ASSISTANCE TO PROMOTE THE PILLARS OF FAITH, LIBERTY, COMMUNITY, AND LIFE | $150,000 |
AMERICAN RED CROSS PURPOSE: FOR ASSISTANCE TO PREVENT AND ALLEVIATE HUMAN SUFFERING IN THE FACE OF EMERGENCIES | $70,000 |
AMERICAN VET DOGS PURPOSE: FOR ASSISTANCE OF PROVIDING GUIDE AND SERVICE DOGS | $10,000 |
AMERICAN WARRIOR PURPOSE: FOR ASSISTANCE OF MILITARY, VETERANS, AND FIRST RESPONDERS | $615,438 |
AMON CARTER MUSEUM PURPOSE: FOR SUPPORT OF EXHIBITIONS AND PROGRAMS | $25,000 |