Tate Family Foundation
- Assets
- $224.3k
- Revenue
- $53.3k
- Investments
- $172.7k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 71-6185232
Organization Overview
Tate Family Foundation is located in Little Rock, AR. The organization was established in 2001. 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. Tate Family 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 06/2022, Tate Family Foundation generated $53.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $22.0k during the year ending 06/2022. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tate Family Foundation has awarded 63 individual grants totaling $107,200. 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 |
|---|---|---|---|
Lawrence J Tate Trustee | 0.5 | $0 | |
Suzanne Tate Poe Director | 0.1 | $0 | |
Lorraine H Tate Director | 0.1 | $0 | |
Janet L Tate-Rice Director | 0.1 | $0 | |
Laura A Tate-Crow Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $6,158 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,107 |
| Capital Gain Net Income | $47,107 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $276 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,476 |
| Contributions, gifts, grants paid | $20,500 |
| Total expenses and disbursements | $21,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,609 |
| 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 | $224,337 |
| Accounts payable and accrued expenses | $775 |
| 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 | $775 |
Grants Awarded
Over the last fiscal year, Tate Family Foundation has awarded $20,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FORT SMITH CHILDRENS EMERGENCY SHEL PURPOSE: GENERAL OPERATIONS | $4,100 |
IMMACULATE CONCEPTION CHURCH PURPOSE: GENERAL OPERATIONS | $4,100 |
FIRST BAPTIST CHURCH - PRESCHOOL PURPOSE: GENERAL OPERATIONS | $2,100 |
Little Rock, AR PURPOSE: GENERAL OPERATIONS | $2,000 |
CARTI CANCER CENTER PURPOSE: GENERAL OPERATIONS | $1,100 |
WORLD WILDLIFE FUND PURPOSE: GENERAL OPERATIONS | $1,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
James A Buddy Davidson Charitable Foundation Midland, TX | $104,683,845 | $20,028,427 |