Ruth And Warren Clark Legacy Foundation
- Assets
- $2.0m
- Revenue
- $4.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Addison, TX
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-5567994
Organization Overview
Ruth And Warren Clark Legacy Foundation is located in Addison, TX. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Ruth And Warren Clark Legacy 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, Ruth And Warren Clark Legacy Foundation generated $4.6k 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 (4.5%) each year. All expenses for the organization totaled $207.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ruth And Warren Clark Legacy Foundation has awarded 78 individual grants totaling $3,413,498. 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 |
|---|---|---|---|
Calvin Lester Clark Director | 1.5 | $0 | |
Deena Marie Clark Director | 0.5 | $0 | |
Linda Carlson Clark Director | 0.5 | $0 | |
Warren Dale Clark Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,504 |
| Dividends & Interest | $3,100 |
| 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 | $4,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $90 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,850 |
| Total operating and administrative expenses | $1,940 |
| Contributions, gifts, grants paid | $205,913 |
| Total expenses and disbursements | $207,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,024,650 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,024,650 |
| 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, Ruth And Warren Clark Legacy Foundation has awarded $205,913 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ADAPTIVE SPORTS CENTER OF CRESTED BUTTE PURPOSE: FINANCIAL ASSISTANCE FOR OPERATIONS AND PURCHASE UNIFORMS FOR CHILDREN | $58,913 |
BASHIK METHODS PHYSICAL THERAPY GROUP PURPOSE: FINANCIAL ASSISTANCE FOR RECOVERY AND REHABILITATION AFTER SUFFERING A SERIOUS SPINAL CORD INJURY | $30,000 |
CINDY PATTERSON PURPOSE: FINANCIAL ASSISTANCE FOR MEDICAL EXPENSES FOR BRIAN PATERSON | $10,000 |
COMMUNITY PARTNERS OF DALLAS PURPOSE: FINANCIAL ASSISTANCE FOR OPERATIONS TO HELP SUPPLY THE RAINBOW ROOM WITH COATS AND FOR BOXES OF DIAPERS | $30,000 |
METROCREST SERVICES PURPOSE: FINANCIAL ASSISTANCE FOR OPERATIONS | $25,000 |
POWERED TO MOVE PURPOSE: FINANCIAL ASSISTANCE FOR OPERATIONS | $45,000 |