Sollie Emmitt Mccreless & Lilla Marr Mccreless Foundation
- Assets
- $1.7m
- Revenue
- -$15.4k
- Investments
- $1.7m
- Employees
- 0
- Location
- Shavano Park, TX
- Founding
- 11/1958
- Data as of
- 12/2023
- EIN
- 74-1485541
Organization Overview
Sollie Emmitt Mccreless & Lilla Marr Mccreless Foundation is located in Shavano Park, TX. The organization was established in 1958. 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. Sollie Emmitt Mccreless & Lilla Marr Mccreless 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 2016, Sollie Emmitt Mccreless & Lilla Marr Mccreless Foundation has awarded 119 individual grants totaling $999,664. 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 |
|---|---|---|---|
David W Sunderland President, Treasurer & Dir | 1 | $0 | |
Jeanne Coyle Vice President & Director | 1 | $0 | |
Shannon Sunderland Director | 1 | $0 | |
D Patrick Coyle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,137 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$65,097 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $537 |
| Total Revenue | -$15,423 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,353 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,776 |
| Total operating and administrative expenses | $41,129 |
| Contributions, gifts, grants paid | $94,000 |
| Total expenses and disbursements | $135,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,041 |
| Savings and temporary cash investments | $0 |
| 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 | $298,845 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,730,245 |
| 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, Sollie Emmitt Mccreless & Lilla Marr Mccreless Foundation has awarded $94,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
RANSOMED LIFE INC PURPOSE: UNRESTRICTED | $2,000 |
ALICE LLOYD COLLEGE PURPOSE: GENERAL FUND | $5,000 |
A FOUNDATION FOR THEOLOGICAL EDUCATION PURPOSE: GENERAL FUND | $7,000 |
ACHIEVERS CENTER FOR EDUCATION PURPOSE: UNRESTRICTED | $1,000 |
ASBURY THEOLOGICAL SEMINARY PURPOSE: MCCRELESS CHAIR OF EVANGELISM | $32,500 |
ASBURY UNIVERSITY PURPOSE: FUND FOR STUDENT SCHOLARSHIPS | $24,500 |