Sellin Family Foundation
- Assets
- $58.3k
- Revenue
- $15.5k
- Investments
- $54.6k
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 02/2006
- Data as of
- 12/2018
- EIN
- 20-3778458
Organization Overview
Sellin Family Foundation is located in Galveston, TX. The organization was established in 2006. 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.
For the year ending 12/2018, Sellin Family Foundation generated $15.5k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFTS TO 501(C)(3) CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph H Sellin President & CEO | 1 | $0 | |
Angela K Sellin Vice President | 1 | $0 | |
Rena V Sellin Director | 1 | $0 | |
Johathan N Sellin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,787 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,681 |
| Capital Gain Net Income | $12,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,212 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $31,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,729 |
| 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 | $38,888 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,331 |
| 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, Sellin Family Foundation has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK FOUNDATION PURPOSE: GENERAL | $4,000 |
UT MD ANDERSON CANCER CENTER PURPOSE: GENERAL | $25,000 |
NATIONAL AT-HOME DAD NETWORK PURPOSE: GENERAL | $1,000 |