Cecil And Virgie Burton Foundation
- Assets
- $1.6m
- Revenue
- -$6.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 03/1994
- Data as of
- 06/2023
- EIN
- 73-1438062
Organization Overview
Cecil And Virgie Burton Foundation is located in Tulsa, OK. The organization was established in 1994. 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. Cecil And Virgie Burton Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Cecil And Virgie Burton Foundation has awarded 68 individual grants totaling $473,000. 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 |
|---|---|---|---|
Tammie L Maloney Trustee | 2 | $0 | |
Jean Ann Fausser Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$46,965 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$6,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $224 |
| Taxes | $4,936 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,697 |
| Total operating and administrative expenses | $17,857 |
| Contributions, gifts, grants paid | $71,000 |
| Total expenses and disbursements | $88,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$412 |
| Savings and temporary cash investments | $198,756 |
| 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 | $1,379,161 |
| Total assets | $1,577,505 |
| Accounts payable and accrued expenses | $90 |
| 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 | $90 |
Grants Awarded
Over the last fiscal year, Cecil And Virgie Burton Foundation has awarded $71,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALL SOULS UNITARIAN CHURCH PURPOSE: UNRESTRICTED | $5,000 |
108 CONTEMPORARY PURPOSE: UNRESTRICTED | $10,000 |
HOLLAND HALL PURPOSE: UNRESTRICTED | $15,000 |
LIVING ARTS OF TULSA PURPOSE: UNRESTRICTED | $3,000 |
RIVERFIELD COUNTRY DAY SCHOOL PURPOSE: BE INSPIRED CAMPAIGN TO SUPPORT CREATIVE AND ATHLETIC GROWTH | $6,000 |
THE UNIVERSITY OF TULSA PURPOSE: COLLINS COLLEGE OF BUSINESS DEAN'S CIRCLE | $6,000 |