Jeff & Kellie Hepper Family Foundation
- Assets
- $3.9m
- Revenue
- $174.2k
- Investments
- $3.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 46-1463283
Organization Overview
Jeff & Kellie Hepper Family Foundation is located in Houston, TX. The organization was established in 2015. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jeff & Kellie Hepper 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 12/2023, Jeff & Kellie Hepper Family Foundation generated $174.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $213.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey K Hepper Pres, Director | 1 | $0 | |
Kellie A Hepper Vp/secr/treas, Director | 1 | $0 | |
Cole E Hepper Director | 0.25 | $0 | |
Troy K Hepper Director | 0.25 | $0 | |
Holly J Hepper Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $89,207 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $84,994 |
| Capital Gain Net Income | $84,994 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $174,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,375 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,825 |
| Contributions, gifts, grants paid | $210,000 |
| Total expenses and disbursements | $213,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,692 |
| Savings and temporary cash investments | $0 |
| 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 | $3,772,745 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,941,437 |
| 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, Jeff & Kellie Hepper Family Foundation has awarded $190,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YES PREP PUBLIC SCHOOL PURPOSE: GENERAL OPERATIONS | $160,000 |
PROJECT CURE PURPOSE: GENERAL OPERATIONS | $30,000 |