The Douglas Y Hicks Charitable Trust
- Assets
- $290.8k
- Revenue
- $9.4k
- Investments
- $278.0k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/2000
- Data as of
- 08/2024
- EIN
- 54-6446266
Organization Overview
The Douglas Y Hicks Charitable Trust is located in Dallas, TX. The organization was established in 2000. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Douglas Y Hicks Charitable 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 08/2024, Douglas Y Hicks Charitable Trust generated $9.4k 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 (16.6%) each year. All expenses for the organization totaled $15.7k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,733 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,039 |
| Capital Gain Net Income | $1,039 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $672 |
| Total Revenue | $9,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $325 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $158 |
| Total operating and administrative expenses | $1,941 |
| Contributions, gifts, grants paid | $13,774 |
| Total expenses and disbursements | $15,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,844 |
| 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 | $290,825 |
| 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, The Douglas Y Hicks Charitable Trust has awarded $13,774 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MARY IMMACULATE FDN PURPOSE: UNRESTRICTED GENERAL | $6,887 |
RIVERSIDE HEALTHCARE FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $6,887 |