D R Horton Inc Foundation is located in Arlington, TX. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. D R Horton Inc 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CURRENTLY OPERATES TO COLLECT THE INTEREST FREE MORTGAGE LOAN PAYMENTS, PROVIDE DISASTER RELIEF ASSISTANCE TO VICTIMS OF DISASTERS OR OTHER EMERGENCY
HARDSHIP SITUATIONS, AND TO SUPPORT OTHER CHARITABLE ORGANIZATIONS. DURING 2021 THE FOUNDATION RECEIVED $158,569 IN THE FORM OF PRINCIPLE PAYMENTS FROM INTEREST FREE
MORTGAGES THAT WERE PREVIOUSLY ESTABLISHED WHILE THE FOUNDATION MAINTAINED PUBLIC CHARITY STATUS, AND PROVIDED PAYMENTS OF $5,000 FOR DISASTER RELIEF ASSISTANCE TO
VICTIMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald R Horton Pres - 1hr/yr | 0.02 | $0 | |
Thomas B Montono Secr. - 2hr/yr | 0.04 | $0 | |
Paula Hunter-Perkins Asst. Secr. - 8hr/yr | 0.15 | $0 | |
Cade C Anderson VP - 8hr/yr | 0.15 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
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 | $0 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $0 |
Contributions, gifts, grants paid | $5,000 |
Total expenses and disbursements | $5,000 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $833,605 |
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 | $229,140 |
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 | $1,062,745 |
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 |
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