Thomas F Jeffress & Kate Jeffress Memorial Trust
- Assets
- $31.7m
- Revenue
- $996.6k
- Investments
- $31.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1982
- Data as of
- 06/2024
- EIN
- 54-6094925
Organization Overview
Thomas F Jeffress & Kate Jeffress Memorial Trust is located in Dallas, TX. The organization was established in 1982. 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. Thomas F Jeffress & Kate Jeffress Memorial Trust 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 06/2024, Thomas F Jeffress & Kate Jeffress Memorial Trust generated $996.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Thomas F Jeffress & Kate Jeffress Memorial Trust has awarded 44 individual grants totaling $7,057,884. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $255,222 | |
Sterling Ransone M D Allocation Committee | 0 | $0 | |
Rosemary Barra Ph D Allocation Committee | 0 | $0 | |
Vernon E Inge Jr ESQ Allocation Committee | 0 | $0 | |
Keith Martin Va Chamber Of Commerc Allocation Committee | 0 | $0 | |
Lee Parker Allocation Committee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $928,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,936 |
| Capital Gain Net Income | $65,936 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,152 |
| Total Revenue | $996,566 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $255,222 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,706 |
| Total operating and administrative expenses | $407,895 |
| Contributions, gifts, grants paid | $1,740,957 |
| Total expenses and disbursements | $2,148,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $365,241 |
| 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 | $31,685,251 |
| 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, Thomas F Jeffress & Kate Jeffress Memorial Trust has awarded $1,740,957 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FEDERATION OF VIRGINIA FOOD BANK PURPOSE: FOOD FOR VA | $99,974 |
BALLAD HEALTH IMPACT OF MEDICAL PURPOSE: HEALTH RESEARCH | $150,000 |
UNIVERSITY OF RICHMOND PURPOSE: UNRESTRICTED GENERAL | -$1,108 |
HEALTH RESOURCES IN ACTION PURPOSE: RESEARCH | $98,934 |
THE COMMONWEALTH INSTITUTE PURPOSE: UNRESTRICTED GENERAL | $200,000 |
VIRGINIA HEALTH CATALYST PURPOSE: RESEARCH | $190,288 |