John W & Effie E Speas Memorial Trust is located in Dallas, TX. The organization was established in 1946. 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. John W & Effie E Speas Memorial 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, John W & Effie E Speas Memorial Trust generated $815.4k 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 (12.4%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John W & Effie E Speas Memorial Trust has awarded 325 individual grants totaling $14,723,980. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $882,355 |
Net Rental Income | $121,040 |
Net Gain on Sale of Assets | -$197,107 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $815,411 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $192,879 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $30,346 |
Depreciation | $2,277 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $21,710 |
Total operating and administrative expenses | $351,218 |
Contributions, gifts, grants paid | $2,191,750 |
Total expenses and disbursements | $2,542,968 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $990,969 |
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 | $799,981 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $35,384,851 |
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, John W & Effie E Speas Memorial Trust has awarded $2,191,750 in support to 46 organizations.
Grant Recipient | Amount |
---|---|
Kansas City, KS PURPOSE: SUPPORT THE TRANSFORMATIONS | $500,000 |
KANSAS CITY KANSAS COMMUNITY PURPOSE: EDUCATION, HEALTH & | $300,000 |
Ottawa, KS PURPOSE: SUPPORT FOR SIM LABS | $100,000 |
Kansas City, KS PURPOSE: UNRESTRICTED GENERAL | $100,000 |
Olathe, KS PURPOSE: ROOTED IN HOPE: CAPITAL | $100,000 |
Kansas City, MO PURPOSE: PROGRAM SUPPORT FOR SOLACE | $75,000 |
Organization Name | Assets | Revenue |
---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |