Mr And Mrs Nelson Rusche Foundation
- Assets
- $41.6m
- Revenue
- $10.2m
- Investments
- $39.3m
- Employees
- 0
- Location
- Willis, TX
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 31-1741790
Organization Overview
Mr And Mrs Nelson Rusche Foundation is located in Willis, TX. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Mr And Mrs Nelson Rusche 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 12/2021, Mr And Mrs Nelson Rusche Foundation generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mr And Mrs Nelson Rusche Foundation has awarded 57 individual grants totaling $5,686,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Michele Rosas Secr/director | 0 | $0 | |
Jordan Brooke Jefferys Director | 0 | $0 | |
Suzanne R Jefferys Pres/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $303,221 |
| Dividends & Interest | $843,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,009,022 |
| Capital Gain Net Income | $9,009,022 |
| Net ST Capital Gain | $3,500,544 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,156,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $112,414 |
| Total operating and administrative expenses | $126,478 |
| Contributions, gifts, grants paid | $2,100,000 |
| Total expenses and disbursements | $2,226,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,593 |
| Savings and temporary cash investments | $2,175,561 |
| 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 | $41,573,800 |
| 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 | $11,990 |
| Total liabilities | $11,990 |
Grants Awarded
Over the last fiscal year, Mr And Mrs Nelson Rusche Foundation has awarded $2,100,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
SFASU FOUNDATION PURPOSE: STEPHAN F AUSTIN STATE UNIVERSITY IS A COMPREHENSIVE INSTITUTION DEDICATED TO EXCELLENCE IN TEACHING, RESEARCH,SCHOLARSHIP, CREATIVE WORK, AND SERVICE. THROUGH THE PERSONAL ATTENTION OF OUR FACULTY AND STAFF, WE ENGAGE OUR STUDENTS IN A LEARNER-CENTERED ENVIRONMENT AND OFFER OPPORTUNITIES TO PREPARE FOR THE CHALLENGES OF LIVING IN THE GLOBAL COMMUNITY. | $625,000 |
FIRST METHODIST CHURCH - HOUSTON PURPOSE: THE MISSION OF THE CHURCH IS TO FOLLOW JESUS AND TO INVITE EVERYBODY TO COME ALONG. | $300,000 |
LOWE SYNDROME ASSOCIAITION PURPOSE: MISSION TO IMPROVE THE LIVES OF PERSONS WITH LOWE SYNDROME AND THEIR FAMILIES THROUGH FOSTERING COMMUNICATION, PROVIDING EDUCATION AND SUPPORTING RESEARCH SO THAT INDIVIDUALS CAN ATTAIN THEIR HIGHEST POTENTIAL. | $275,000 |
BATTLESHIP TEXAS FOUNDATION PURPOSE: PRESERVATION OF HISTORIC STRUCTURES. | $100,000 |
Austin, TX PURPOSE: CON MI MADRE IS A TWO-GENERATION ORGANIZATION THAT EMPOWERS YOUNG LATINAS AND THEIR MOTHERS THROUGH EDUCATION AND SUPPORT SERVICES THAT INCREASE PREPAREDNESS, PARTICIPATION, AND SUCCESS IN POST-SECONDARY EDUCATION. | $100,000 |
Austin, TX PURPOSE: MISSION IS TO:- EDUCATE THE PUBLIC ABOUT INFERTILITY AS A CURABLE MEDICAL CONDITION.- RAISE FUNDS AND AWARD GRANT MONIES TO PATIENTS TO HELP OFFSET THE COST OF MEDICAL TREATMENT.- FUND RESEARCH TO DISCOVER MORE AFFORDABLE INFERTILITY TREATMENT OPTIONS FOR ALL PATIENTS. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hildebrand Foundation Houston, TX | $114,322,883 | $23,614,226 |
Carl A Davis And Lois E Davis Foundation Houston, TX | $0 | $544,470 |
Hirsch Family Foundation Dallas, TX | $52,981,348 | $34,969,949 |
Entergy Charitable Foundation New Orleans, LA | $10,718,766 | $2,697,786 |
Smith Family Foundation Austin, TX | $2,063,167 | $8,401,265 |
Nancy Smith Hurd Foundation Tr San Antonio, TX | $73,883,656 | $7,181,888 |
Santander Consumer Usa Inc Foundation Dallas, TX | $61,196,374 | $60,000,000 |
Hal & Charlie Peterson Foundation Kerrville, TX | $63,600,144 | $3,895,944 |
Boone Family Foundation Dallas, TX | $0 | $1,805,045 |
William A Brookshire Foundation Lakeway, TX | $44,188,133 | $14,237,408 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |
One Gas Foundation Inc Tulsa, OK | $37,667,049 | $5,198,491 |