Richard G Miller Memorial Foundation
- Assets
- $4.6m
- Revenue
- $733.2k
- Investments
- $4.4m
- Employees
- 0
- Location
- El Paso, TX
- Founding
- 07/1974
- Data as of
- 05/2023
- EIN
- 54-0852892
Organization Overview
Richard G Miller Memorial Foundation is located in El Paso, TX. The organization was established in 1974. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Richard G Miller Memorial 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 05/2023, Richard G Miller Memorial Foundation generated $733.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $376.7k during the year ending 05/2023. While expenses have increased by 0.3% per year over the past 7 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, Richard G Miller Memorial Foundation has awarded 99 individual grants totaling $3,459,075. 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
GRANTING OF SCHOLARSHIPS AND GRANTS GIVEN FOR EDUCATIONAL OR CHARITABLE PURPOSES INCLUDING SCHOLARSHIPS TO STUDENTS IN ORDER TO PROMOTE LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Birkelbach Trustee | 0.5 | $0 | |
Lucia Dura Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $286 |
| Dividends & Interest | $107,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $625,529 |
| Capital Gain Net Income | $600,835 |
| Net ST Capital Gain | $4,066 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $733,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $12,614 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,759 |
| Total operating and administrative expenses | $54,974 |
| Contributions, gifts, grants paid | $321,750 |
| Total expenses and disbursements | $376,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,593 |
| Savings and temporary cash investments | $52,035 |
| 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 | $4,576,243 |
| Accounts payable and accrued expenses | $7,861 |
| 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 | $7,861 |
Grants Awarded
Over the last fiscal year, Richard G Miller Memorial Foundation has awarded $321,750 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHALLENGE FOUNDATION INC PURPOSE: SUPPORT | $70,000 |
UNIVERSITY OF ILLINOIS PURPOSE: SCHOLARSHIPS | $19,250 |
PASO DEL NORTE CHILDREN'S DEVELOPMENT CENTER PURPOSE: SUPPORT | $30,000 |
FOUNDATION FOR FRATERNAL EXCELLENCE PURPOSE: SUPPORT | $125,000 |
UNIVERSITY OF TEXAS-AUSTIN PURPOSE: SCHOLARSHIPS | $30,000 |
UNIVERSITY OF OREGON PURPOSE: SCHOLARSHIP | $5,000 |