Building Conservation Trust
- Assets
- $4.6m
- Revenue
- $489.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 46-2191456
Organization Overview
Building Conservation Trust is located in Houston, TX. The organization was established in 2013. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Conservation 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 12/2023, Building Conservation Trust generated $489.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $499.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Building Conservation Trust has awarded 45 individual grants totaling $7,307,454. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BUILDING CONSERVATION TRUST (BCT) WAS CREATED TO PROVIDE VITAL FUNDING FOR GRASSROOTS-DRIVEN PROJECTS THAT ACHIEVE ONE OR MORE OF FIVE KEY OBJECTIVES: RESTORE THE DEGRADED HABITATS; CREATE NEW HABITATS; ADVANCE THE SCIENCE OF COASTAL HABITAT RESTORATION AND MARINE FISHERIES CONSERVATION; FOSTER HABITAT STEWARDSHIP, AND EDUCATE COASTAL COMMUNITIES ON THE VALUE OFCONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUILDING CONSERVATION TRUST'S COASTAL INITIATIVES INVOLVE MARINE HABITAT PROJECTS THAT FULFILL ONE OR MORE OF THE FIVE KEY OBJECTIVES STATED IN THE MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Murray President | Trustee | 2 | $79,549 |
Bob Hayes Director | Trustee | 2 | $0 |
Casey Shedd Director | Trustee | 2 | $0 |
Charlie Caplinger Director | Trustee | 2 | $0 |
Dave Pfeiffer Director | Trustee | 2 | $0 |
Henry Hager Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $41,872 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,506 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,378 |
| Total Program Service Revenue | $1,750 |
| Investment income | $72,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $305 |
| Net Income from Fundraising Events | $26,108 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $147,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,705 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $99 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,550 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $499,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,585,501 |
| Savings and temporary cash investments | $1,061 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,100 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,872 |
| Total assets | $4,632,534 |
| Accounts payable and accrued expenses | $4,600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $100,258 |
| Total liabilities | $104,858 |
| Net assets without donor restrictions | $670,962 |
| Net assets with donor restrictions | $3,856,714 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,632,534 |
Grants Awarded
Over the last fiscal year, Building Conservation Trust has awarded $590,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COASTAL CONSERVATION ASSOCIATION PURPOSE: VARIOUS HABITAT PROJECTS | $250,000 |
TEXAS A&M UNIVERSITY-CORPUS CHRISTI PURPOSE: OYSTER CARBON SEQUESTRATION STUDY AND OYSTER PROJECT TECHNOLOGY | $340,000 |