L D Ormsby Charitable Foundation Inc
- Assets
- $468.4k
- Revenue
- $66.2k
- Investments
- $416.7k
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 74-1497772
Organization Overview
L D Ormsby Charitable Foundation Inc is located in San Antonio, TX. The organization was established in 1965. 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. L D Ormsby Charitable Foundation Inc 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 12/2023, L D Ormsby Charitable Foundation Inc generated $66.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $121.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, L D Ormsby Charitable Foundation Inc has awarded 91 individual grants totaling $609,829. 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 |
|---|---|---|---|
Walton V Gregory Asst Secretary | 1 | $2,000 | |
Claiborne B Gregory Jr Pres/treas | 12 | $38,960 | |
John W Harris Sec/asst Treas | 1 | $2,000 | |
Jennifer N Sammis Asst Secretary | 1 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,114 |
| Dividends & Interest | $19,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,233 |
| Capital Gain Net Income | $23,233 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,551 |
| Total Revenue | $66,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,960 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,827 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,733 |
| Total operating and administrative expenses | $55,320 |
| Contributions, gifts, grants paid | $66,000 |
| Total expenses and disbursements | $121,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,507 |
| 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 | $26,217 |
| Total assets | $468,444 |
| 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, L D Ormsby Charitable Foundation Inc has awarded $66,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS MILITARY INSTITUTE PURPOSE: L.D.ORMSBY CHARITABLE FND SCHOLARSHIP ENDOWMENT FUND | $10,000 |
CHARITY BALL ASSOCIATION PURPOSE: GENERAL CONTRIBUTION | $10,000 |
SAN ANTONIO ACADEMY PURPOSE: L.D. ORMSBY CHARITABLE FND SCHOLARSHIP ENDOWMENT FUND | $10,000 |
MCNAY ART MUSEUM PURPOSE: PROMOTION OF THE ARTS | $10,000 |
HOPE HOUSE MINISTRIES PURPOSE: ELDERLY ASSISTANCE | $2,500 |
TEXAS BIOMEDICAL FORUM PURPOSE: SCIENCE EDUCATION AWARDS | $12,500 |