Faye Murray & Mae Wardlaw Charitable Foundation is located in Corsiana, 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. Faye Murray & Mae Wardlaw Charitable 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 12/2023, Faye Murray & Mae Wardlaw Charitable Foundation generated $50.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $110.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Faye Murray & Mae Wardlaw Charitable Foundation has awarded 33 individual grants totaling $328,992. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,820 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,326 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $843 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,994 |
| Contributions, gifts, grants paid | $93,500 |
| Total expenses and disbursements | $110,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,993 |
| 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 | $458 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $136,311 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,774,399 |
| 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, Faye Murray & Mae Wardlaw Charitable Foundation has awarded $93,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHSIDE BAPTIST CHURCH PURPOSE: CHARITABLE OPERATIONS | $12,500 |
SALVATION ARMY PURPOSE: CHARITABLE OPERATIONS | $10,000 |
BOYS AND GIRLS CLUB OF GREATER DALL PURPOSE: CHARITABLE OPERATIONS | $6,000 |
NAVARRO COLLEGE FOUNDATION PURPOSE: CHARITABLE OPERATIONS | $12,000 |
CAMP OF THE RISING SUN PURPOSE: CHARITABLE OPERATIONS | $10,000 |
FROST ISD PURPOSE: CAPITAL IMPROVEMENTS | $15,000 |