Meta Alice Keith Bratten Foundation
- Assets
- $14.3m
- Revenue
- $2.3m
- Investments
- $12.4m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 26-1338655
Organization Overview
Meta Alice Keith Bratten Foundation is located in Fort Worth, TX. The organization was established in 2010. 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. Meta Alice Keith Bratten 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, Meta Alice Keith Bratten Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 25.1% per year over the past 7 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, Meta Alice Keith Bratten Foundation has awarded 302 individual grants totaling $10,978,679. 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 |
|---|---|---|---|
Adelaide Leavens President | 20 | $186,000 | |
Elaine Petrus Treasurer | 1.5 | $0 | |
Joann Means Secretary | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $106,232 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,219,901 |
| Capital Gain Net Income | $2,219,901 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,326,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $186,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $15,126 |
| Taxes | $11,551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,428 |
| Total operating and administrative expenses | $226,486 |
| Contributions, gifts, grants paid | $1,372,850 |
| Total expenses and disbursements | $1,599,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,138,533 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,011 |
| 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 | $738,477 |
| Total assets | $14,265,373 |
| Accounts payable and accrued expenses | $176 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $349,967 |
| Other liabilities | $0 |
| Total liabilities | $350,143 |
Grants Awarded
Over the last fiscal year, Meta Alice Keith Bratten Foundation has awarded $1,580,350 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Worth, TX PURPOSE: DONOR ADVISED FUND | $1,200,000 |
Fort Worth, TX PURPOSE: CELEBRAMOS | $75,000 |
NEAR SOUTHSIDE INC PURPOSE: SUPPORT FOR FIRESTATION PARK | $50,000 |
Fort Worth, TX PURPOSE: SUPPORT FOR ARTS REPORTER | $25,000 |
ST STEPHEN PRESBYTERIAN CHURCH PURPOSE: CAPITAL CAMPAIGN | $25,000 |
NATURE CONSERVANCY LOUISIANA PURPOSE: SUPPORT FOR A CONTROLLED BURN | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |
Abell-Hanger Foundation Midland, TX | $130,201,135 | $12,262,823 |
J F Maddox Foundation Hobbs, NM | $240,372,497 | $15,567,055 |
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |