Ram Foundation
- Assets
- $0.0
- Revenue
- $2.3m
- Investments
- $21.8m
- Employees
- 0
- Location
- Paris, TX
- Founding
- 07/2009
- Data as of
- 12/2020
- EIN
- 26-3541160
Organization Overview
Ram Foundation is located in Paris, TX. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ram 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 12/2020, Ram Foundation generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ram Foundation has awarded 435 individual grants totaling $9,879,178. 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 |
|---|---|---|---|
Dede Fasken Executive Dir. | 40 | $143,333 | |
John R Elliott Vice President | 2 | $15,000 | |
F Andrew Fasken President | 10 | $7,500 | |
Helen Fasken Director | 2 | $7,500 | |
Andrew C Elliott Director | 2 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,586 |
| Dividends & Interest | $522,079 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,579,653 |
| Total Revenue | $2,324,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $117,500 |
| Pension plans, employee benefits | $0 |
| Depreciation | $333 |
| Occupancy | $41,719 |
| Travel, conferences, and meetings | $25,189 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $737,686 |
| Contributions, gifts, grants paid | $1,256,756 |
| Total expenses and disbursements | $1,994,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $21,945 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ram Foundation has awarded $1,858,312 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF PARIS HOME PROGRAM PURPOSE: UNRESTRICTED | $300,000 |
HOMESTAY INC PURPOSE: UNRESTRICTED | $251,356 |
HORIZON HOUSE PURPOSE: UNRESTRICTED | $122,250 |
BOYS AND GIRLS CLUB OF THE RED RIVE PURPOSE: UNRESTRICTED | $115,200 |
UNITED WAY OF LAMAR COUNTY PURPOSE: UNRESTRICTED | $82,109 |
CAMP KIWANIS ON PAT MAYSE LAKE PURPOSE: UNRESTRICTED | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |