Graham Community Foundation
- Assets
- $6.6m
- Revenue
- $819.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Graham, TX
- Founding
- 12/2004
- Data as of
- 12/2023
- EIN
- 20-1480110
Organization Overview
Graham Community Foundation is located in Graham, TX. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Graham Community 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, Graham Community Foundation generated $819.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $628.1k during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 9 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 2015, Graham Community Foundation has awarded 37 individual grants totaling $2,705,917. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WILL ACT AS A CENTRALIZED SERVICING AGENCY TO COORDINATE FUNDRAISING AND GRANT APPLICATION EFFORTS OF THE VARIOUS EXEMPT ORGANIZATIONS WITH THE GOAL OF REDUCING DUPLICATED OVERHEAD EXPENSES AND EDUCATING STAFF OF THE VARIOUS EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GRAHAM PLAZA FOUNDATION SERVES THE RESIDENTS OF GRAHAM, TX AND SURROUNDING AREAS BY PROVIDING A PUBLIC PARK AND FOOD TRUCK AREA FOR INDIVIDUALS AND FAMILIES TO ENJOY. FUNDS WERE PROVIDED TO HELP WITH THE CONSTRUCTION COSTS ASSOCIATED WITH TURNING THE VACANT LOT INTO THAT SPACE.
THE OLD POST OFFICE MUSEUM & ART CENTER (OPOMAC) IS LOCATED IN A NATIONAL HISTORIC BUILDING IN THE CENTER OF THE DOWNTOWN SQUARE IN GRAHAM, TEXAS. THE MUSEUM PORTION OF THE OPOMAC HOUSES HISTORICAL ARTIFACTS FROM THROUGHOUT YOUNG COUNTY AND NUMEROUS PHOTOGRAPHS OF GRAHAM AND THE SURROUNDING COMMUNITIES, DATING BACK FROM THE 1800'S. THE ART CENTER HAS NUMEROUS EXHIBITS AND ART SHOWS THROUGHOUT THE YEAR SHOWCASING EXHIBITS FROM NATIONAL ART SHOWS TO GRAHAM ISD JUNIOR HIGH SCIENCE FAIR PROJECTS. FUNDS WERE PROVIDED TO FUND THE ARCHIVIST PROJECT.
THE GRAHAM CHAMBER OF COMMERCE IS THE GUARDIAN OF THE LOCAL ECONOMY. THE CHAMBER WORKS TO PROMOTE BUSINESS EXPANSION, RECRUITMENT AND RETENTION. THE CHAMBER SEEKS TO STRENGTHEN AND GROW THE LOCAL BUSINESS ENVIRONMENT THROUGH A COLLABORATIVE PARTNERSHIP WITH ALL LEVELS OF GOVERNMENT, COMMUNITY ORGANIZATIONS AND BUSINESS ASSOCIATIONS AND BY SERVING AS A CATALYST FOR IMPROVING THE OVERALL QUALITY OF LIFE IN OUR COMMUNITY. FUNDS WERE PROVIDED FOR A NEW MARQUEE SIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Blanton President | Trustee | 1 | $0 |
Colby Kramer Vice President | Trustee | 0 | $0 |
Kyle Peavy Treasurer | Trustee | 1 | $0 |
John Brown Secretary | Trustee | 0 | $0 |
Tonya Weatherman Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $530,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $530,846 |
| Total Program Service Revenue | $0 |
| Investment income | $288,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $819,596 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $626,331 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $210 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $628,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,543,328 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,231 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,570,559 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $6,570,559 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,570,559 |
Grants Awarded
Over the last fiscal year, Graham Community Foundation has awarded $613,495 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GRAHAM CHAMBER OF COMMERCE PURPOSE: New Sign & Teacher Apprec Breakfast | $17,261 |
GRAHAM CONVENTION & VISITORS PURPOSE: Stage Rental for Concert Series | $15,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: Various Funds | $13,000 |
GRAHAM PLAZA FOUNDATION PURPOSE: Construction Expenses. | $531,234 |
OLD POST OFFICE MUSEUM AND AR PURPOSE: Archivist Project & Wall Renovation | $37,000 |