James R Dougherty Jr Foundation Inc
- Assets
- $4.8m
- Revenue
- $522.8k
- Investments
- $3.9m
- Employees
- 0
- Location
- Beeville, TX
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 02-0583552
Organization Overview
James R Dougherty Jr Foundation Inc is located in Beeville, TX. The organization was established in 2002. 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. James R Dougherty Jr 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 12/2022, James R Dougherty Jr Foundation Inc generated $522.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $495.7k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION IS NOT INVOLVED WITH ANY DIRECT CHARITABLE ACTIVITIES. IT GIVES ONLY TO ACTIVE TAX EXEMPT ORGANIZATIONS APPROVED BY THE I. R. S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben F Vaughan III President/director | 0.5 | $0 | |
Genevieve Vaughan Director | 0.5 | $0 | |
Beatrice Rossi-Landi Director | 0.5 | $0 | |
Frances Carr Tapp Director | 0.5 | $0 | |
Rachael Carr Secretary/director | 0.5 | $0 | |
Rachael Pauley Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,139 |
| Dividends & Interest | $125,467 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $350,349 |
| Capital Gain Net Income | $350,349 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43,801 |
| Total Revenue | $522,756 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,167 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,303 |
| Interest | $0 |
| Taxes | $9,786 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,246 |
| Total operating and administrative expenses | $92,652 |
| Contributions, gifts, grants paid | $403,000 |
| Total expenses and disbursements | $495,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $953,102 |
| 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 | $1,931 |
| Total assets | $4,839,927 |
| Accounts payable and accrued expenses | $1,059 |
| 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 | $1,059 |