Rex L Allison Educational Foundation Inc
- Assets
- $3.2m
- Revenue
- $315.3k
- Investments
- $3.2m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 05/1986
- Data as of
- 12/2023
- EIN
- 86-0533343
Organization Overview
Rex L Allison Educational Foundation Inc is located in Scottsdale, AZ. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rex L Allison Educational Foundation Inc 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, Rex L Allison Educational Foundation Inc generated $315.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $584.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rex L Allison Educational Foundation Inc has awarded 51 individual grants totaling $3,440,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth S Allison Pres And Director | 1 | $0 | |
Gen A Griffin Vice-Pres And Director | 0.05 | $0 | |
Rebecca P Allison Secretary/director | 0.05 | $0 | |
Anne V N Allison Director | 0.05 | $0 | |
Lani M Griffin Director | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $149,347 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $165,944 |
| Capital Gain Net Income | $165,944 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $315,291 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,273 |
| Depreciation | $0 |
| Occupancy | $4,013 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,664 |
| Total operating and administrative expenses | $49,635 |
| Contributions, gifts, grants paid | $535,000 |
| Total expenses and disbursements | $584,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,132 |
| 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 | $3,208,424 |
| 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, Rex L Allison Educational Foundation Inc has awarded $535,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CROCODILE RIVER MUSIC INC PURPOSE: PROVIDES EDUCATION PROGRAMS FOR AFRICAN REFUGEES AND IMMIGRANTS | $175,000 |
ALL SAINTS CHURCH PURPOSE: PROVIDE TEACHING NECESSITIES | $18,000 |
ARIZONA CHALLENGE FOUNDATION PURPOSE: PROVIDES SCHOOL EDUCATION | $90,000 |
NIA HOUSE PURPOSE: CHILDCARE AND PRE-SCHOOL FUNDING | $175,000 |
PHOENIX COUNTRY DAY SCHOOL PURPOSE: PROVIDE TEACHING NECESSITIESTEACHING CHAIR | $77,000 |