William & Helen Thomas Charitable Trust
- Assets
- $14.6m
- Revenue
- $1.4m
- Investments
- $14.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1990
- Data as of
- 12/2022
- EIN
- 36-6917007
Organization Overview
William & Helen Thomas Charitable Trust is located in Dallas, TX. The organization was established in 1990. 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. William & Helen Thomas Charitable Trust 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, William & Helen Thomas Charitable Trust generated $1.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, William & Helen Thomas Charitable Trust has awarded 182 individual grants totaling $4,073,850. 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
NOT APPLICABLE THE SOLE CHARITABLE ACTIVITY OF THIS ORGANIZATION IS THE MAKING OF CONTRIBUTIONS AND GRANTS TO
QUALIFIED CHARITABLE ORGANIZATIONS. NO DIRECT CHARITABLE ACTIVITIES ARE CONDUCTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America N A Co-Trustee | 1 | $131,740 | |
Marilyn Moore Co-Trustee | 1 | $42,039 | |
Jim Elam CPA Co-Trustee | 1 | $42,039 | |
Marjorie S Blanz Co-Trustee | 1 | $42,039 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $402,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $978,572 |
| Capital Gain Net Income | $978,572 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,381,199 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $257,857 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,271 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $320,041 |
| Contributions, gifts, grants paid | $1,145,000 |
| Total expenses and disbursements | $1,465,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $233,135 |
| 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 | $65,119 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,559,692 |
| 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, William & Helen Thomas Charitable Trust has awarded $1,145,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
EL SOL JUPIETER'S NEIGHBORHOOD RESOURCE PURPOSE: UNRESTRICTED GENERAL | $5,000 |
WOUNDED VETERANS RELIEF INC PURPOSE: SUPPORT EMERGENCY ASSIS FOR | $20,000 |
CANINE ASSISTED THERAPY PURPOSE: PERFORMING CANINE MAGIC | $25,000 |
LIFEBUILDERS OF THE TREASURE COAST PURPOSE: UNRESTRICTED GENERAL | $25,000 |
GRACE WAY VILLAGE INC PURPOSE: PROVIDE FUNDS FOR | $25,000 |
KIDSAFE FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $15,000 |