Payne Foundation
- Assets
- $968.3k
- Revenue
- $38.7k
- Investments
- $957.2k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 73-1646678
Organization Overview
Payne Foundation is located in Houston, TX. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Payne 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 12/2021, Payne Foundation generated $38.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $59.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Payne Foundation has awarded 158 individual grants totaling $471,811. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miriam Payne Prioleau President | 0 | $0 | |
Charlie Prioleau Director | 0 | $0 | |
Carolyn Prioleau Secretary | 0 | $0 | |
Wilson Prioleau Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,390 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,286 |
| Capital Gain Net Income | $4,286 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $83 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $858 |
| Total operating and administrative expenses | $6,280 |
| Contributions, gifts, grants paid | $53,599 |
| Total expenses and disbursements | $59,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,013 |
| 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 | $968,253 |
| 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, Payne Foundation has awarded $53,599 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: GENERAL PURPOSE | $20,000 |
Houston, TX PURPOSE: GENERAL PURPOSE | $10,700 |
Houston, TX PURPOSE: GENERAL PURPOSE | $6,549 |
Kemah, TX PURPOSE: GENERAL PURPOSE | $6,500 |
THE BEACON PURPOSE: GENERAL PURPOSE | $2,500 |
AMAZING PLACE PURPOSE: GENERAL PURPOSE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hirsch Family Foundation Dallas, TX | $52,981,348 | $34,969,949 |
Entergy Charitable Foundation New Orleans, LA | $10,718,766 | $2,697,786 |
Smith Family Foundation Austin, TX | $2,063,167 | $8,401,265 |
Nancy Smith Hurd Foundation Tr San Antonio, TX | $73,883,656 | $7,181,888 |
Santander Consumer Usa Inc Foundation Dallas, TX | $61,196,374 | $60,000,000 |
Hal & Charlie Peterson Foundation Kerrville, TX | $63,600,144 | $3,895,944 |
Boone Family Foundation Dallas, TX | $0 | $1,805,045 |
William A Brookshire Foundation Lakeway, TX | $44,188,133 | $14,237,408 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |
One Gas Foundation Inc Tulsa, OK | $37,667,049 | $5,198,491 |
Jonathan And Kathleen Altman Foundation Santa Fe, NM | $27,201,618 | $3,082,300 |
Musk Foundation Austin, TX | $0 | $61,287,799 |