Vick Family Foundation Inc
- Assets
- $232.7k
- Revenue
- $3.2k
- Investments
- $216.9k
- Employees
- 0
- Location
- Red Rock, TX
- Founding
- 02/2005
- Data as of
- 12/2023
- EIN
- 41-2098352
Organization Overview
Vick Family Foundation Inc is located in Red Rock, TX. The organization was established in 2005. 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. Vick Family Foundation Inc 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 12/2023, Vick Family Foundation Inc generated $3.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.8%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (30.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Vick Family Foundation Inc has awarded 81 individual grants totaling $270,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick B Vick President | 1 | $0 | |
Frances Vick Vice President | 1 | $0 | |
Karen Cavazos Secretary | 1 | $0 | |
Ross W Vick III Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $3,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16 |
| Total Revenue | $3,172 |
| 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 | $0 |
| Total operating and administrative expenses | $2,664 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,281 |
| 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 | $1,479 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $232,658 |
| 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, Vick Family Foundation Inc has awarded $19,800 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS AM UNIVERSITY PRESS PURPOSE: EDUCATION | $2,800 |
DOCTORS WITHOUT BORDERS PURPOSE: MEDICAL | $1,000 |
THE MAMMOTH SITE PURPOSE: HISTORICAL PRESERVATION | $1,000 |
KIDS WHO CARE PURPOSE: EDUCATION | $5,000 |
SPCA OF TEXAS-DALLAS PURPOSE: ANIMAL CRUELTY PREVENTION | $1,000 |
UTD KIDS UNIVERSITY PURPOSE: EDUCATION | $1,000 |