Fossil Foundation
- Assets
- $2.5m
- Revenue
- $514.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Richardson, TX
- Founding
- 02/2013
- Data as of
- 12/2020
- EIN
- 46-1120769
Organization Overview
Fossil Foundation is located in Richardson, TX. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. Fossil Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Fossil Foundation has awarded 35 individual grants totaling $1,700,000. 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 |
|---|---|---|---|
Evans Page Janiece Director | 30 | $0 | |
Dhiman Himanshu Director | 1 | $0 | |
Devita Kara Director | 1 | $0 | |
Elliott Sones Jill Director | 1 | $0 | |
Belcher Randy C President | 8 | $0 | |
Evans Steve Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $14,916 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $514,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,765,411 |
| Total operating and administrative expenses | $20,401,360 |
| Contributions, gifts, grants paid | $1,465,000 |
| Total expenses and disbursements | $21,866,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,373 |
| Savings and temporary cash investments | $1,617,050 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $400,000 |
| 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 | $2,468,423 |
| Accounts payable and accrued expenses | $235,000 |
| 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 | $235,000 |
Grants Awarded
Over the last fiscal year, Fossil Foundation has awarded $1,700,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUSTAINABLE LIVELIHOOD PROGRAM TO EMPOWER UNDERSERVED YOUTH | $200,000 |
Dallas, TX PURPOSE: CREATIVE VOICES PROGRAM FOR UNDERSERVED YOUTH. | $150,000 |
QUEST ALLIANCE PURPOSE: SUPPORT FOR THE QUEST APPLICATION AND OTHER GUIDED-LEARNING TEACHING TOOLS. | $150,000 |
FRIENDS INTERNATIONAL INC PURPOSE: FUTURES EMPLOYMENT OFFICE FOR UNDERSERVED YOUTH | $150,000 |
GIRL EFFECT PURPOSE: SUPPORT EMPOWERMENT PLATFORM FOR GIRLS TO ADDRESS TOPICS OF AGENCY AND IDENTITY. | $125,000 |
GIRL EFFECT PURPOSE: SUPPORT EMPOWERMENT PLATFORM FOR GIRLS TO ADDRESS TOPICS OF AGENCY AND IDENTITY | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |
Emerge Center Inc Baton Rouge, LA | $1,893,812 | $1,088,912 |