Conn Fertitta Charitable Foundation
- Assets
- $846.2k
- Revenue
- $22.9k
- Investments
- $758.9k
- Employees
- 0
- Location
- Beaumont, TX
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-4174822
Organization Overview
Conn Fertitta Charitable Foundation is located in Beaumont, TX. The organization was established in 2011. 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. Conn Fertitta Charitable 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 12/2022, Conn Fertitta Charitable Foundation generated $22.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $52.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Conn Fertitta Charitable Foundation has awarded 104 individual grants totaling $493,119. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITABLE FOUNDATION EXISTS FOR THE SOLE PURPOSE OF SUPPORTING OTHER CHARITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Conn Fertitta President | 0 | $0 | |
Mark A Fertitta Vp/sec/treas | 0 | $0 | |
Katherine A Fertitta Vice Preside | 0 | $0 | |
Michael C Fertitta Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,091 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,661 |
| Capital Gain Net Income | $5,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $140 |
| Total Revenue | $22,892 |
| 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 | $11,157 |
| Total operating and administrative expenses | $12,457 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $52,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,342 |
| 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 | $846,233 |
| 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, Conn Fertitta Charitable Foundation has awarded $40,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: DONATION | $4,000 |
BEAUMONT COUNCIL OF GARDEN CLUBS PURPOSE: CONTINUED SUPPORT | $1,000 |
BEAUMONT ART LEAGUE PURPOSE: CONTINUED SUPPORT | $1,000 |
BIG THICKET ASSOCIATION PURPOSE: CONTINUED SUPPORT | $1,000 |
JULIE ROGERS GIFT OF LIFE PURPOSE: DONATION | $1,000 |
CATHOLIC CHARITIES OF SOUTHEAST TEX PURPOSE: HARVEST OF HOPE | $2,500 |