Dr Kent Roberts And Ilene Roberts Balliett Foundation
- Assets
- $7.7m
- Revenue
- $503.9k
- Investments
- $7.6m
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 10/2010
- Data as of
- 08/2022
- EIN
- 27-2885140
Organization Overview
Dr Kent Roberts And Ilene Roberts Balliett Foundation is located in Amarillo, TX. The organization was established in 2010. 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. Dr Kent Roberts And Ilene Roberts Balliett 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 08/2022, Dr Kent Roberts And Ilene Roberts Balliett Foundation generated $503.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $526.9k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dr Kent Roberts And Ilene Roberts Balliett Foundation has awarded 429 individual grants totaling $3,360,600. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,397 |
| Dividends & Interest | $195,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $297,847 |
| Capital Gain Net Income | $297,847 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,924 |
| Total Revenue | $503,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,021 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,998 |
| Total operating and administrative expenses | $97,398 |
| Contributions, gifts, grants paid | $429,500 |
| Total expenses and disbursements | $526,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$9 |
| Savings and temporary cash investments | $82,363 |
| 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 | $49,945 |
| Investments—other | $7,551,573 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,683,872 |
| 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, Dr Kent Roberts And Ilene Roberts Balliett Foundation has awarded $429,500 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
AMARILLO SYMPHONY PURPOSE: OPERATIONAL EXPENDITURE | $20,000 |
AMARILLO MUSEUM OF ART PURPOSE: OPERATIONAL EXPENDITURE | $15,000 |
HOPE AND HEALING PLACE PURPOSE: OPERATIONAL EXPENDITURE | $15,000 |
LONESTAR BALLET PURPOSE: OPERATIONAL EXPENDITURE | $15,000 |
HIGH PLAINS FOOD BANK PURPOSE: OPERATIONAL EXPENDITURE | $15,000 |
AMARILLO AREA CASA PURPOSE: OPERATIONAL EXPENDITURE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |