J Lee Stansbury Tr

Organization Overview

J Lee Stansbury Tr is located in Rockwall, TX. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. J Lee Stansbury Tr 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, J Lee Stansbury Tr generated $537.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $631.7k during the year ending 12/2021. While expenses have increased by 3.7% 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.

Since 2015, J Lee Stansbury Tr has awarded 209 individual grants totaling $735,087. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

SCHOLARSHIP PROGRAM. THIS PROGRAM PROVIDES ASSISTANCE TO QUALIFIED STUDENTS IN SECURING A COLLEGE EDUCATION AT A COLLEGE OR UNIVERSITY QUALIFING AS A 501 (C)(3) EXEMPT EDUCATIONAL OR CHARITABLE ORGANIZATION. DIRECT EXPENSES RELATE TO SUCH SCHOLARSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Jerry N Stanbury
Trustee
$60,000
Shannon Guthrie
Trustee
$10,000
Beth Denison
Trustee
$10,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $36,920
Dividends & Interest $32,475
Net Rental Income-$63,150
Net Gain on Sale of Assets $130,579
Capital Gain Net Income $130,579
Net ST Capital Gain $30,581
Income Modifications $0
Profit on Inventory Sales $0
Other Income $38,646
Total Revenue $537,914

Grants Awarded

Over the last fiscal year, J Lee Stansbury Tr has awarded $133,700 in support to 29 organizations.

Grant RecipientAmount

DBU

PURPOSE: EDUCATION

$10,000

DBU

PURPOSE: EDUCATION

$10,000

TEXAS WOMEN'S UNIVERSITY

Org PageRecipient Profile

Denton, TX

PURPOSE: EDUCATION

$9,000

DBU

PURPOSE: EDUCATION

$7,000

NCTC

PURPOSE: EDUCATION

$6,400

MIDWESTERN BAPTIST THEOLOGICAL SEMI

Org PageRecipient Profile

Kansas City, MO

PURPOSE: EDUCATION

$6,000
View Grant Profile

Peer Organizations

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