Nustar Foundation
- Assets
- $2.5m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-0629473
Organization Overview
Nustar Foundation is located in Dallas, 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. Nustar 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, Nustar Foundation generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nustar Foundation has awarded 27 individual grants totaling $993,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Kim Director | 0 | $0 | |
Dylan A Bramhall Director | 0 | $0 | |
Karl R Fails Director | 0 | $0 | |
Darryl A Krebs Director | 0 | $0 | |
Edward Pak Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,187,148 |
| 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 | $4,187,148 |
| 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 | $568,051 |
| Total operating and administrative expenses | $568,051 |
| Contributions, gifts, grants paid | $3,720,729 |
| Total expenses and disbursements | $4,288,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,467,970 |
| 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 | $2,467,970 |
| Accounts payable and accrued expenses | $63,806 |
| 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 | $63,806 |
Grants Awarded
Over the last fiscal year, Nustar Foundation has awarded $0 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MEALS ON WHEELS PURPOSE: FOOD ASSISTANCE | $0 |
CITY YEAR INC PURPOSE: COMMUNITY DEVELOPMENT | $0 |
SALOC PURPOSE: COMMUNITY DEVELOPMENT | $0 |
SAN ANTONIO AREA FOUNDATION PURPOSE: COMMUNITY SERVICE | $0 |
ST VINNYS BISTRO PURPOSE: COMMUNITY DEVELOPMENT | $0 |
UNIVERSITY HEALTH SYSTEM FOUNDATION PURPOSE: HEALTHCARE ASSISTANCE | $0 |