Rick Agee Foundation is located in Rockwall, TX. 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. Rick Agee 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, Rick Agee Foundation generated $43.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $38.3k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 2 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CARRIES OUT ITS CHARITABLE ACTIVITIES THROUGH CONTRIBUTIONS TO OTHER TAX-EXEMPT ORGANIZATIONS. THE LARGEST DONEE IS SPOHNC SUPPORT FOR PEOPLE WITH ORAL HEAD AND NECK CANCERS WHICH PROVIDES A WIDE RANGE OF SUPPORT TO PEOPLE AFFECTED WITH THESE TYPES OF CANCER
THE FOUNDATION CARRIES OUT ITS CHARITABLE ACTIVITIES THROUGH CONTRIBUTIONS TO OTHER TAX-EXEMPT ORGANIZATIONS. THE SECOND LARGEST DONEE IS THE DAVIS COLLEGE OF AGRICULTURE AND NATURAL RESOURCES AT TEXAS TECH UNIVERSITY. THE FUNDS CONTRIBUTED ARE FOR SCHOLARSHIPS AND AN ENDOWMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Agee President | 5 | $0 | |
James Mckee Treasurer | 5 | $0 | |
El Biggerstaff Secretary | 5 | $0 | |
William J Smith III Director | 5 | $0 | |
Dirk Ten Eyck Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,784 |
| 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 | $17,465 |
| Total Revenue | $43,249 |
| 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 | $17,093 |
| Total operating and administrative expenses | $17,093 |
| Contributions, gifts, grants paid | $21,250 |
| Total expenses and disbursements | $38,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,713 |
| 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 | $9,713 |
| 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, Rick Agee Foundation has awarded $21,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPOHNC PURPOSE: SUPPORT FOR PEOPLE WITH ORAL HEAD AND NECK CANCERS | $15,000 |
TEXAS TECH UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIPS FOR SELECTED STUDENTS IN THE DAVIS COLLEGE OF AGRICULTURE | $6,250 |