Martin & Arlyn Shields Family Foundation
- Assets
- $1.7m
- Revenue
- $71.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- The Woodlands, TX
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 45-3199581
Organization Overview
Martin & Arlyn Shields Family Foundation is located in The Woodlands, TX. The organization was established in 2012. 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. Martin & Arlyn Shields Family 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, Martin & Arlyn Shields Family Foundation generated $71.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $124.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Martin & Arlyn Shields Family Foundation has awarded 93 individual grants totaling $733,176. 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 |
|---|---|---|---|
Martin L Shields Director | 0 | $0 | |
Arlyn C Shields Director | 0 | $0 | |
Tara S Bryant Director | 0 | $0 | |
Travis C Shields Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $60 |
| Dividends & Interest | $63,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,061 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,866 |
| Total operating and administrative expenses | $23,914 |
| Contributions, gifts, grants paid | $100,500 |
| Total expenses and disbursements | $124,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,448 |
| 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 | $1,361,605 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,734,278 |
| 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, Martin & Arlyn Shields Family Foundation has awarded $100,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
TENNESSEE BAPTIST CHILDREN'S HOME PURPOSE: FAMILY ASSISTANCE | $1,000 |
SALVATION ARMY PURPOSE: HUMAN NEEDS ASSISTANCE | $5,000 |
GOD'S GARAGE PURPOSE: VEHICLE REPAIRS FOR THOSE IN NEED | $2,000 |
HOUSTON SPCA PURPOSE: ANIMAL RESCUE | $1,000 |
BROWNSVILLE SOCIETY FOR CRIPPLED CH PURPOSE: REHABILITATIVE SERVICES TO CHILDREN WITH SPECIAL NEEDS | $3,000 |
LOVE MUST ACT PURPOSE: BUILD SCHOOLS | $30,000 |