Chance Clifton Live Big Foundation
- Assets
- $333.9k
- Revenue
- $291.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Hurst, TX
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-3231257
Organization Overview
Chance Clifton Live Big Foundation is located in Hurst, TX. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chance Clifton Live Big Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE FINANCIAL ASSISTANCE AND OTHER RESOURCES TO HELP FAMILIES THAT HAVE SUFFERED A TRAGIC LOSS. THE FOUNDATION WAS INITIALLY CREATED TO ASSIST WITH THE LOSS OF A CHILD BUT WE HAVE BROADENED OUR SCOPE TO INCLUDE THE LOSS OF A SPOUSE OR THE LOSS OF A JOB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVE BIG PROVIDES FINANICAL ASSISTANCE TO FAMILIES THAT HAVE SUFFERED A TRAGIC LOSS. THIS EXPENSE INCLUDES FUNERAL EXPENSES, TRAVEL EXPENSES INCURRED WHILE TREATING A MEDICAL EVENT (CANCER), MORTGAGE OR RENT PAYMENTS TO FAMILIES THAT HAVE LOST THEIR JOBS.
LIVE BIG SUPPORTS 3 SCHOLARSHIPS TO HIGH SCHOOL STUDENTS. 1) THE CHANCE CLIFTON LIVE BIG SCHOLARSHIP ($1,000) TO THE OUTSTANDING FOOTBALL PLAYER AT BIRDVILLE HIGH SCHOOL, NORTH RICHLAND HILLS, TEXAS. 2) CHAROLAIS ASSOCIATION OF TEXAS ($1,000) TO THE OUTSTANDING CHAROLAIS (CATTLE) HIGH SCHOOL SCHOLAR IN TEXAS. 3) AMERICAN INTERNATIONAL JUNIOR CHAROLAIS ASSOCIATION ($5,000) TO THE OUTSTANDING CHAROLAIS HIGH SCHOOL SCHOLAR IN THE NATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Greg Clifton President | OfficerTrustee | 10 | $0 |
Elizabeth Etheredge Vice President | OfficerTrustee | 10 | $0 |
Susan Sorrells Secretary | OfficerTrustee | 10 | $0 |
Tom Yeakley Treasurer | OfficerTrustee | 10 | $0 |
Doak Lambert Director | Trustee | 5 | $0 |
Jason Wells Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $175,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,421 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,421 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $86,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,404 |
| 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 | $0 |
| 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 | $0 |
| 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 | $1,292 |
| Information technology | $5,725 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $36,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,855 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $333,855 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $333,855 |
| Net assets with donor restrictions | $0 |
| 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 | $333,855 |