Silverbow Resources Charitable Fund
- Assets
- $7.8k
- Revenue
- $70.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-3402113
Organization Overview
Silverbow Resources Charitable Fund is located in Houston, TX. The organization was established in 2006. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silverbow Resources Charitable Fund 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, Silverbow Resources Charitable Fund generated $70.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $109.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Silverbow Resources Charitable Fund has awarded 74 individual grants totaling $315,343. 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 |
|---|---|---|---|
Christopher M Abundis Director | 1 | $0 | |
Stephen P Schmitt President | 1 | $0 | |
Steven W Adam Director | 1 | $0 | |
Sean C Woolverton Director | 1 | $0 | |
Anne E Foley Secretary | 1 | $0 | |
Jeffrey Magids Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,000 |
| 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 | $0 |
| Total Revenue | $70,000 |
| 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 | $639 |
| Total operating and administrative expenses | $639 |
| Contributions, gifts, grants paid | $108,350 |
| Total expenses and disbursements | $108,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,751 |
| 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 | $7,751 |
| 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, Silverbow Resources Charitable Fund has awarded $108,350 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AVONDALE HOUSE PURPOSE: MISSION SUPPORT | $2,000 |
BEAR - A RESOURCE FOR CPS KIDS PURPOSE: MISSION SUPPORT | $1,000 |
BEE COUNTY TOYS FOR TOTS PURPOSE: TOY DRIVE | $7,500 |
CHILD ADVOCATES PURPOSE: 2022 HOLIDAY DONATION | $10,000 |
CHILDREN'S MIRACLE NETWORK HOSPITALS PURPOSE: EXTRA LIFE PROGRAM | $500 |
COASTAL BEND FOOD BANK PURPOSE: SUPPORT FOOD BANK IN EFFORT TO FEED THE COMMUNITY. | $5,000 |