Patti And Jim Wright Family Foundation
- Assets
- $1.2m
- Revenue
- -$6.9k
- Investments
- $1.0m
- Employees
- 0
- Location
- Longview, TX
- Founding
- 07/2008
- Data as of
- 12/2022
- EIN
- 26-1331625
Organization Overview
Patti And Jim Wright Family Foundation is located in Longview, TX. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patti And Jim Wright Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Patti And Jim Wright Family Foundation has awarded 129 individual grants totaling $4,099,115. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Richard Wright President | 0 | $0 | |
Patti L Wright Secretary-Treas | 0 | $0 | |
Melissa L Wright Hurt Vice President | 0 | $0 | |
Jessica Wright Marshall Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $41,947 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$51,424 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,580 |
| Total Revenue | -$6,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,199 |
| Contributions, gifts, grants paid | $340,500 |
| Total expenses and disbursements | $350,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,788 |
| Savings and temporary cash investments | $110,471 |
| Net Accounts receivable | $2,792 |
| 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 | $3,548 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,159,409 |
| 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, Patti And Jim Wright Family Foundation has awarded $340,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BUCKNER CFS PURPOSE: GENERAL SUPPORT | $90,000 |
PINE COVE PURPOSE: GENERAL SUPPORT | $50,000 |
WILD AT HEART PURPOSE: GENERAL SUPPORT | $100,000 |
LONGVIEW MUSUEM OF FINE ARTS PURPOSE: GENERAL SUPPORT | $60,000 |
FELLOWSHIP ADVENTURES PURPOSE: GENERAL SUPPORT | $10,000 |
ARMY SCHOLARSHIP FOUNDATION PURPOSE: GENERAL SUPPORT | $30,000 |