Lena & Harry Turner Foundation
- Assets
- $918.4k
- Revenue
- $145.6k
- Investments
- $843.8k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/1954
- Data as of
- 12/2021
- EIN
- 23-7416737
Organization Overview
Lena & Harry Turner Foundation is located in Dallas, TX. The organization was established in 1954. 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. Lena & Harry Turner 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 12/2021, Lena & Harry Turner Foundation generated $145.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.9% each year . All expenses for the organization totaled $62.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $11,333 | |
Marshall Sutton Co-Trustee | 1 | $0 | |
William A Waller Co-Trustee | 1 | $0 | |
Angela Giessner Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,231 |
| Net Rental Income | $7,154 |
| Net Gain on Sale of Assets | $105,392 |
| Capital Gain Net Income | $105,392 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $145,635 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,333 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,084 |
| Depreciation | $1,653 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,503 |
| Total operating and administrative expenses | $31,297 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $62,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,603 |
| 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 | $61,993 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $918,374 |
| 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, Lena & Harry Turner Foundation has awarded $31,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SAUL REYES PURPOSE: SCHOLARSHIP | $7,500 |
CITALY TORRES PURPOSE: SCHOLARSHIP | $5,000 |
GRAND PRAIRIE FAMILY YMCA PURPOSE: SUPPORT CHILD DEVELOPMENT | $5,000 |
LIFELINE SHELTER FOR FAMILIES PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |
Grand Prairie, TX PURPOSE: COMMUNITY DEVELOPMENT | $2,000 |
GRAND PRAIRIE CRISIS RESPONSE CENTER PURPOSE: UNRESTRICTED GENERAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
Hamon Charitable Foundation Dallas, TX | $77,984,763 | $10,364,017 |
Alumbra Innovations Foundation Bentonville, AR | $55,483,470 | $25,346,784 |
Biogen Foundation Inc Dallas, TX | $25,561,498 | $3,880,862 |
The Margaret And Al Hill Family Foundation Dallas, TX | $0 | $526,228 |