3 Roots Foundation
- Assets
- $1.1m
- Revenue
- $83.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 05/2004
- Data as of
- 11/2023
- EIN
- 52-2389179
Organization Overview
3 Roots Foundation is located in Austin, TX. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. 3 Roots 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 11/2023, 3 Roots Foundation generated $83.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $81.0k during the year ending 11/2023. While expenses have increased by 1.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, 3 Roots Foundation has awarded 32 individual grants totaling $522,766. 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 |
|---|---|---|---|
Dennis C Von Waaden Director | 0.5 | $0 | |
Sally A Von Waaden Director | 0.5 | $0 | |
Matthew D Von Waaden Director | 0.5 | $0 | |
D Mark Von Waaden Director | 0.5 | $0 | |
Monica D Tovar-Von Waaden Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $796 |
| Dividends & Interest | $36,470 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,672 |
| Capital Gain Net Income | $46,672 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,938 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $918 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $13,769 |
| Contributions, gifts, grants paid | $67,224 |
| Total expenses and disbursements | $80,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,817 |
| 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 | $1,137,562 |
| 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 | $67,224 |
| Total liabilities | $67,224 |
Grants Awarded
Over the last fiscal year, 3 Roots Foundation has awarded $67,224 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ART FROM THE STREETS PURPOSE: GENERAL SUPPORT | $2,568 |
HOPE AUSTIN PURPOSE: GENERAL SUPPORT | $32,328 |
UPBRING PURPOSE: SUPPORT OF NEW LIFE CHILDREN'S CENTER | $32,328 |