Griffith J Griffith Trust
- Assets
- $3.0m
- Revenue
- $93.6k
- Investments
- $2.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1993
- Data as of
- 12/2023
- EIN
- 95-4360672
Organization Overview
Griffith J Griffith Trust is located in Dallas, TX. The organization was established in 1993. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Griffith J Griffith Trust 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, Griffith J Griffith Trust generated $93.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $185.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Griffith J Griffith Trust has awarded 13 individual grants totaling $903,643. 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 |
|---|---|---|---|
Bank Of America Trustee | 1 | $35,511 | |
Mike Eberts Glendale Comm College Director | 5 | $0 | |
Griffith Van Griffth Director | 5 | $0 | |
Clare Darden Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,246 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,354 |
| Capital Gain Net Income | $9,354 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,982 |
| Total Revenue | $93,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,511 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,313 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,628 |
| Total operating and administrative expenses | $40,702 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $185,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $251,157 |
| 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 | $2,974,347 |
| 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, Griffith J Griffith Trust has awarded $145,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES PARK FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $136,650 |
FRIENDS OF GRIFFITH PARK PURPOSE: UNRESTRICTED GENERAL | $8,350 |