Landon Family Foundation
- Assets
- $2.3m
- Revenue
- $60.0k
- Investments
- $2.0m
- Employees
- 0
- Location
- Plano, TX
- Founding
- 04/2012
- Data as of
- 11/2023
- EIN
- 27-4239979
Organization Overview
Landon Family Foundation is located in Plano, TX. The organization was established in 2012. 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. Landon 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.
For the year ending 11/2023, Landon Family Foundation generated $60.0k in total revenue. All expenses for the organization totaled $112.1k during the year ending 11/2023. While expenses have increased by 45.0% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor D Landon Director | 5 | $0 | |
John R Landon Director | 5 | $0 | |
Katie Landon Glovitz Director | 5 | $0 | |
Carly Landon Huffman Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,819 |
| Dividends & Interest | $45,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,530 |
| Capital Gain Net Income | $3,530 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,991 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,141 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $112,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,158 |
| 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 | $2,294,362 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,929 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,929 |
Grants Awarded
Over the last fiscal year, Landon Family Foundation has awarded $102,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE CATHOLIC FOUNDATION PURPOSE: ANNUAL GIFT | $100,000 |
UNIVERSITY OF TEXAS AT EL PASO PURPOSE: ANNUAL GIFT | $2,500 |