Ralph H And Ruth J Mc Cullough Foundation
- Assets
- $12.3m
- Revenue
- $1.1m
- Investments
- $12.2m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 74-2177193
Organization Overview
Ralph H And Ruth J Mc Cullough Foundation is located in Houston, TX. The organization was established in 1981. 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. Ralph H And Ruth J Mc Cullough 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, Ralph H And Ruth J Mc Cullough Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $760.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ralph H And Ruth J Mc Cullough Foundation has awarded 226 individual grants totaling $2,152,500. 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 |
|---|---|---|---|
Joe E Coleman Trustee, President, Treasu | 3 | $18,500 | |
Anne M Shallenberger Trustee & Vice President | 3 | $17,500 | |
Joseph W Royce Trustee & Secretary | 3 | $17,500 | |
Dee S Osborne Trustee | 3 | $17,500 | |
Kathrine M Wade Trustee | 3 | $17,500 | |
H Michael Tyson Trustee | 3 | $17,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $429,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $655,143 |
| Capital Gain Net Income | $655,143 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,352 |
| Total Revenue | $1,086,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $106,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,690 |
| Total operating and administrative expenses | $225,317 |
| Contributions, gifts, grants paid | $535,000 |
| Total expenses and disbursements | $760,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,902 |
| Savings and temporary cash investments | $93,909 |
| 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 | $409,019 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,652 |
| Total assets | $12,290,755 |
| 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, Ralph H And Ruth J Mc Cullough Foundation has awarded $535,000 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
Oxford, OH PURPOSE: UNRESTRICTED | $30,000 |
THE COUNCIL ON RECOVERY PURPOSE: UNRESTRICTED | $25,000 |
BOYS & GIRLS CLUB OF ARLINGTON PURPOSE: CAPITAL CAMPAIGN | $20,000 |
HOUSTON LIVESTOCK SHOW AND RODEO PURPOSE: SCHOLARSHIP FUND | $20,000 |
ATASCOCITA UNITED METHODIST CHURCH PURPOSE: PLAYGROUND REPLACEMENTS AND OTHER REPAIRS AND IMPROVEMENTS | $20,000 |
TEXAS HEART INSTITUTE PURPOSE: RESEARCH UNDER DR EMERSON PERIN | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |