Sidney W Sylvia N Souers Fdn is located in Dallas, TX. The organization was established in 1969. 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. Sidney W Sylvia N Souers Fdn 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, Sidney W Sylvia N Souers Fdn generated $270.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (43.5%) each year. All expenses for the organization totaled $6.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sidney W Sylvia N Souers Fdn has awarded 74 individual grants totaling $14,729,890. 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 ORGAINZATIONS. NO DIRECT CHARITABLE ACTIVITIES ARE CONDUCTED
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,336 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,828,562 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,562,207 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $417 |
| Total Revenue | $270,108 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,715 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $72,790 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,750 |
| Total operating and administrative expenses | $313,026 |
| Contributions, gifts, grants paid | $5,995,594 |
| Total expenses and disbursements | $6,308,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,895,645 |
| 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 | $13,314,041 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $79,714,518 |
| 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 |
Over the last fiscal year, Sidney W Sylvia N Souers Fdn has awarded $5,995,594 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGE WASHINGTON UNIVERSITY PURPOSE: OTHER THAN STROKE RESEARCH | $606,564 |
GEORGE WASHINGTON UNIVERSITY PURPOSE: STROKE RESEARCH | $606,564 |
AMERICAN CANCER SOCIETY INC PURPOSE: UNRESTRICTED GENERAL | $122,272 |
ALZHEIMERS DISEASE & RELATED DISORDERS PURPOSE: UNRESTRICTED GENERAL | $91,704 |
AMERICAN HEART ASSOCIATION PURPOSE: UNRESTRICTED GENERAL | $183,305 |
US NAVAL ACADEMY FOUNDATION INC PURPOSE: UNRESTRICTED GENERAL | $31,836 |