Henry Foundation
- Assets
- $1.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 20-5861163
Organization Overview
Henry Foundation is located in Midland, TX. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Henry 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 12/2022, Henry Foundation generated $3.2m in total revenue. All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 6 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, Henry Foundation has awarded 589 individual grants totaling $15,336,219. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James C Henry President | 0 | $0 | |
Paula A Henry Vice Pres. | 0 | $0 | |
Steve Pruett Vice Pres | 0 | $0 | |
Ronald D Scott Vice Pres. | 0 | $0 | |
Michel Curry Sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,200,000 |
| Interest on Savings | $2,492 |
| 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 | $3,202,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $165,457 |
| Other employee salaries and wages | $97,683 |
| Pension plans, employee benefits | $9,472 |
| Interest | $0 |
| Taxes | $19,408 |
| Depreciation | $113 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,920 |
| Printing and publications | $902 |
| Other expenses | $122,144 |
| Total operating and administrative expenses | $430,006 |
| Contributions, gifts, grants paid | $2,455,500 |
| Total expenses and disbursements | $2,885,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,295,869 |
| Savings and temporary cash investments | $23,907 |
| 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 | $2,500 |
| Total assets | $1,322,276 |
| 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, Henry Foundation has awarded $3,230,500 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE CHRISTIAN SERVICES PURPOSE: OPERATING FORCLINICAL COUNSELING | $15,000 |
BIG BROTHERS BIG SISTERS OF MIDLAND INC PURPOSE: PUBLIC OUTREACH/PROGRAM SUPPORT | $35,000 |
APHASIA CENTER OF WEST TEXAS INC PURPOSE: SKILLED INTERVENTIONPROGRAM GROUPLEADERS | $35,000 |
BOYS AND GIRLS CLUB OF MIDLAND INC PURPOSE: PERMIAN BASIN GIVES/PROJECT LEARN | $37,500 |
BUSH TENNIS CENTER PURPOSE: GENERAL OPERATIONS/PROGRAM SUPPORT | $58,000 |
BYNUM SCHOOL PURPOSE: SPEECH THERAPY PROGRAM | $30,000 |