Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659
- Assets
- $31.3m
- Revenue
- $1.5m
- Investments
- $30.5m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/1973
- Data as of
- 12/2023
- EIN
- 43-6120866
Organization Overview
Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659 is located in Dallas, TX. The organization was established in 1973. 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. Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659 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, Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659 generated $1.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 5 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 2023, Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659 has awarded 13 individual grants totaling $1,765,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $169,306 | |
Steve Carlton Honorary Advisory Committee | 1 | $400 | |
Danny Lambeth Honorary Advisory Committee | 1 | $400 | |
Martin Lown Honorary Advisory Committee | 1 | $400 | |
Stanley Schmidt Honorary Advisory Committee | 1 | $400 | |
Jack Crusa Honorary Advisory Committee | 1 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $894,533 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $647,635 |
| Capital Gain Net Income | $647,635 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32 |
| Total Revenue | $1,542,200 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $171,706 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,340 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,698 |
| Total operating and administrative expenses | $328,209 |
| Contributions, gifts, grants paid | $1,765,500 |
| Total expenses and disbursements | $2,093,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $735,401 |
| 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 | $31,277,920 |
| 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, Kent D & Mary L Steadley Memorial Trust Ua Dtd 52659 has awarded $1,765,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF CARTHAGE PURPOSE: UNRESTRICTED GENERAL | $10,000 |
CHILDRENS HAVEN OF SW MISSOURI PURPOSE: UNRESTRICTED GENERAL | $30,000 |
FOSTERING HOPE PURPOSE: UNRESTRICTED GENERAL | $7,500 |
FRANK CHILDRESS RESERVE PURPOSE: UNRESTRICTED GENERAL | $200,000 |
COMMUNITY CLINIC OF SOUTHWEST MISSOURI PURPOSE: UNRESTRICTED GENERAL | $17,000 |
AREA AGENCY ON AGING REGION X PURPOSE: UNRESTRICTED GENERAL | $25,000 |