Truman And Anita Arnold Foundation
- Assets
- $8.7m
- Revenue
- $894.4k
- Investments
- $8.5m
- Employees
- 0
- Location
- Texarkana, TX
- Founding
- 10/1998
- Data as of
- 12/2022
- EIN
- 71-0811364
Organization Overview
Truman And Anita Arnold Foundation is located in Texarkana, TX. The organization was established in 1998. 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. Truman And Anita Arnold 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, Truman And Anita Arnold Foundation generated $894.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Truman And Anita Arnold Foundation has awarded 71 individual grants totaling $10,148,178. 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 |
|---|---|---|---|
Truman Arnold Trustee | 2 | $0 | |
Anita Arnold Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $138,129 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $756,217 |
| Capital Gain Net Income | $756,217 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $894,359 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $33,284 |
| Pension plans, employee benefits | $14,244 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $548 |
| Total operating and administrative expenses | $49,576 |
| Contributions, gifts, grants paid | $1,499,000 |
| Total expenses and disbursements | $1,548,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,721 |
| Savings and temporary cash investments | $116,032 |
| 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 | $2,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,688,168 |
| 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, Truman And Anita Arnold Foundation has awarded $1,499,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PHOENIX HOUSE PURPOSE: DALLAS YOUTH OUTINGS | $200,000 |
BAYLOR HEALTH CARE SYSTEM FOUNDATIO PURPOSE: CELEBRATING WOMEN - AMERICAN LADY & HOPE LODGE FUND | $9,500 |
SOUTHERN METHODIST UN-TATE LECT PURPOSE: TATE LECTURE SERIES | $75,000 |
SMU MEADOWS MUSEUM PURPOSE: ENDOWMENT | $1,000,000 |
NATIONAL MEDAL OF HONOR MUSEUM PURPOSE: PRESERVE AND PRESENT THE EXTRAORDINARY STORIES OF OUR NATIONAL MEDAL OF HONOR RECIPIENTS. | $200,000 |
THE SWEETHEART BALL PURPOSE: CARDIOLOGY PROGRAMS AT UT SOUTHWESTERN MEDICAL CENTER | $14,500 |