Tom & Lois Longest Charitable Tr is located in Wichita Falls, TX. The organization was established in 2014. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tom & Lois Longest Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Tom & Lois Longest Charitable Tr has awarded 171 individual grants totaling $1,158,571. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDER OF THE FOUNDATION DIED IN NOVEMBER OF 2020. THE ASSETS HAVE BEEN TRANSFERRED TO A CORPORATE TRUSTEE IN 2021. THE CURRENT ASSETS IN THE FOUNDATION IS APPROXIMATELY $50,000. ASSETS OF THE FOUNDER WILL EVENTUALLY PASS TO THE FOUNDATION AND CHARITABLE DONATIONS WILL BEGIN AT THAT POINT IN TIME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
American National Bank Trustee | 4 | $267 | |
Thompson B Longest Deceased Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $1,068 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$371 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $697 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $522 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $61 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $2,241 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $2,241 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,994 |
Net Accounts receivable | $353 |
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 | $45,205 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $49,552 |
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 |
Over the last fiscal year, Tom & Lois Longest Charitable Tr has awarded $199,158 in support to 54 organizations.
Grant Recipient | Amount |
---|---|
MEDIA RESEARCH CENTER PURPOSE: RESEARCH & EDUCATION | $125 |
AMERICAN CENTER FOR LAW AND JUSTICE PURPOSE: PROMOTE TRADITIONAL VALUES | $500 |
FREEDOM CENTER PURPOSE: PROMOTE TRADITIONAL VALUES | $25 |
NAVIGATORS PURPOSE: CHRISTIAN MINISTRY | $6,500 |
CHRISTIAN CHILDREN'S HOME OF OHIO PURPOSE: CHILDREN'S HOME | $25,000 |
HIGH PLAINS CHILDREN'S HOME PURPOSE: CHILDRENS HOME | $7,500 |