Donald L And Kay W Bishop Foundation
- Assets
- $168.6k
- Revenue
- $16.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 45-2220433
Organization Overview
Donald L And Kay W Bishop Foundation is located in Midland, TX. The organization was established in 2011. 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. Donald L And Kay W Bishop Foundation 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, Donald L And Kay W Bishop Foundation generated $16.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $12.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Donald L Bishop Director/mgr | 0.2 | $0 | |
Katherine Bishop Director/mgr | 0.2 | $0 | |
Kay W Bishop Director/mgr | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $932 |
| 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 | $5,118 |
| Total Revenue | $16,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $316 |
| Depreciation | $4,517 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,233 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $12,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,385 |
| Savings and temporary cash investments | $60,970 |
| 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 | $44,264 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $168,619 |
| 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, Donald L And Kay W Bishop Foundation has awarded $6,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: NON-PROFIT CHARITABLE SERVICES | $1,500 |
CASA DE AMIGOS PURPOSE: NON-PROFIT CHARITABLE SERVICES | $1,500 |
SALVATION ARMY PURPOSE: NON-PROFIT CHARITABLE SERVIES | $1,500 |
WEST TEXAS FOOD BANK PURPOSE: NON-PROFIT CHARITABLE SERVICES | $1,500 |