Higgins Family Charitable Foundation
- Assets
- $11.6m
- Revenue
- $601.2k
- Investments
- $11.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/2005
- Data as of
- 06/2023
- EIN
- 03-0569654
Organization Overview
Higgins Family Charitable Foundation is located in Dallas, TX. The organization was established in 2005. 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. Higgins Family 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 06/2023, Higgins Family Charitable Foundation generated $601.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $815.4k during the year ending 06/2023. While expenses have increased by 4.0% 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.
Since 2020, Higgins Family Charitable Foundation has awarded 24 individual grants totaling $2,610,000. 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 |
|---|---|---|---|
S Daniel Higgins - Co Boa President/ceo | 2 | $2,500 | |
Margaret E Higgins - Co Boa Treasurer/cfo | 2 | $2,500 | |
Samantha Higgins-Moss - Co Vp/director | 2 | $2,500 | |
Harvey Moss - Co Boa Vp/director | 2 | $1,500 | |
Bank Of America N A Agent | 1 | $66,653 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $41,607 |
| Interest on Savings | $0 |
| Dividends & Interest | $376,084 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $183,460 |
| Capital Gain Net Income | $183,460 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $601,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,653 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,131 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,304 |
| Printing and publications | $0 |
| Other expenses | $194 |
| Total operating and administrative expenses | $110,446 |
| Contributions, gifts, grants paid | $705,000 |
| Total expenses and disbursements | $815,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $376,857 |
| 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 | $11,631,374 |
| 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, Higgins Family Charitable Foundation has awarded $705,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL OF LOS ANGELES FDN PURPOSE: SUPPORT TACL OPERATIONS | $400,000 |
LEUKEMIA AND LYMPHOMA SOCIETY PURPOSE: SUPPORT T-ALL PROJECT | $100,000 |
CHILDREN'S HOSPITAL OF LOS ANGELES FDN PURPOSE: FOR HUGH DANIEL MOSS IBD | $135,000 |
SPONDYLITIS ASSOCIATION OF AMERICA PURPOSE: FOR SPA BASICS PROGRAM | $30,000 |
ANGEL CITY ALLIANCE PURPOSE: ANGEL CITY SPORTS GENERAL | $10,000 |
ANIMAL RESCUE MISSION PURPOSE: UNRESTRICTED GENERAL | $10,000 |