Appoline And Simeon Patout Foundation
- Assets
- $379.1k
- Revenue
- $36.2k
- Investments
- $304.2k
- Employees
- 0
- Location
- Navasota, TX
- Founding
- 05/1990
- Data as of
- 07/2024
- EIN
- 58-1888278
Organization Overview
Appoline And Simeon Patout Foundation is located in Navasota, TX. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Appoline And Simeon Patout 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 07/2024, Appoline And Simeon Patout Foundation generated $36.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $9.7k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drdavid Wall Dir/var | 0.1 | $0 | |
Hester Patout Bourdier Dir/var | 0.1 | $0 | |
Rivers Apatout IV Dir/var | 0 | $0 | |
Venetia M N Patout Dir/var | 0 | $0 | |
Fwilliam Patout Jr Dir/var | 0 | $0 | |
Jared Patout Dir/var | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,166 |
| Interest on Savings | $30 |
| Dividends & Interest | $12,865 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98 |
| Capital Gain Net Income | $98 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,159 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $165 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $165 |
| Contributions, gifts, grants paid | $9,500 |
| Total expenses and disbursements | $9,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,377 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $11,583 |
| 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 | $304,163 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $379,123 |
| 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, Appoline And Simeon Patout Foundation has awarded $9,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DIANE PINA PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
GUNNAR BROWN PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |
EMILY GAST PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
ISABEL GAST PURPOSE: COLLEGE SCHOLARSHIP | $500 |
LAURA DEGRAVELLE PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |
NATILIE SLOANE PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |