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
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 |
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 |
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 |