Virginia M Howard Foundation
- Assets
- $9.9m
- Revenue
- $395.1k
- Investments
- $9.1m
- Employees
- 0
- Location
- Leander, TX
- Founding
- 02/1993
- Data as of
- 12/2022
- EIN
- 58-2022021
Organization Overview
Virginia M Howard Foundation is located in Leander, TX. The organization was established in 1993. 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. Virginia M Howard 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 12/2022, Virginia M Howard Foundation generated $395.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $547.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Virginia M Howard Foundation has awarded 150 individual grants totaling $4,532,500. 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 |
|---|---|---|---|
Mark E Howard II Vice President | 1 | $0 | |
Rebecca Morris Treasurer | 1 | $0 | |
Irma Howard Secretary | 1 | $0 | |
Nathan Eric Howard Board Member | 1 | $0 | |
Joel E Howard President | 4 | $0 | |
Zeb Winstead Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,893 |
| Dividends & Interest | $197,973 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $211,269 |
| Capital Gain Net Income | $211,269 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$21,991 |
| Total Revenue | $395,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,082 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $23,515 |
| Contributions, gifts, grants paid | $524,000 |
| Total expenses and disbursements | $547,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $777,869 |
| 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 | $8,048,329 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,903,054 |
| 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, Virginia M Howard Foundation has awarded $524,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE PREGNANCY CENTER PURPOSE: SUPPORT ORGANIZATION'S MISSION | $6,000 |
CALVIN COLLEGE PURPOSE: SUPPORT ORGANIZATION'S MISSION | $5,000 |
ARTS ON ALEXANDER PURPOSE: SUPPORT ORGANIZATION'S MISSION | $65,000 |
ALEXANDRIA MUSEUM OF ART PURPOSE: SUPPORT ORGANIZATION'S MISSION | $10,000 |
CENTRAL LOUISIANA COALITION TO PREVENT HOMELESSNESS PURPOSE: SUPPORT ORGANIZATION'S MISSION | $10,000 |
CHILDREN'S ADVOCACY NETWORK PURPOSE: SUPPORT ORGANIZATION'S MISSION | $30,000 |