Velma Lee And John Harvey Robinson Charitable Foundation
- Assets
- $19.6m
- Revenue
- $961.2k
- Investments
- $18.4m
- Employees
- 0
- Location
- Edna, TX
- Founding
- 04/1984
- Data as of
- 09/2023
- EIN
- 74-2300129
Organization Overview
Velma Lee And John Harvey Robinson Charitable Foundation is located in Edna, TX. The organization was established in 1984. 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. Velma Lee And John Harvey Robinson Charitable 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 09/2023, Velma Lee And John Harvey Robinson Charitable Foundation generated $961.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.9m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Velma Lee And John Harvey Robinson Charitable Foundation has awarded 653 individual grants totaling $10,296,031. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION MAKES GRANTS TO SAN MARCOS BAPTIST ACADEMY SAN MARCOS TX SOUTH TEXAS CHILDRENS HOME BEEVILLE TX FIRST BAPTIST CHURCH EDNA TX AND OTHER 501C3
FOUNDATION PROVIDES COLLEGE SCHOLARSHIPS TO GRADUATES OF THE THREE HIGH SCHOOLS LOCATED IN JACKSON COUNTY EDNA GANADO AND INDUSTRIAL PROCEEDS DIRECT TO COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M H Brock Director | 1 | $0 | |
John J Shutt Vice-President | 4 | $0 | |
Bobby Bell Director | 1 | $0 | |
Henry C Whitley President | 4 | $0 | |
Jan Mcclanahan Secretary | 1 | $0 | |
Tange Hamilton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,307 |
| Dividends & Interest | $723,764 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $231,983 |
| Capital Gain Net Income | $231,983 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $134 |
| Total Revenue | $961,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,150 |
| Other employee salaries and wages | $48,254 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,888 |
| Depreciation | $200 |
| Occupancy | $6,300 |
| Travel, conferences, and meetings | $243 |
| Printing and publications | $0 |
| Other expenses | $4,693 |
| Total operating and administrative expenses | $186,525 |
| Contributions, gifts, grants paid | $1,717,000 |
| Total expenses and disbursements | $1,903,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,214,252 |
| 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 | $13,775 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $100 |
| Other assets | $24,697 |
| Total assets | $19,634,422 |
| 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, Velma Lee And John Harvey Robinson Charitable Foundation has awarded $1,717,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST GENERAL CONV OF TEXAS PURPOSE: INTERNATIONAL MISSIONS | $10,000 |
FIRST BAPTIST CHURCH PURPOSE: OPERATION CHRISTMAS CHILD | $15,000 |
TEXAS BAPTIST MENS ASSOCIATION PURPOSE: GENERAL FUND DONATION - DISASTER RELIEF | $10,000 |
SAN MARCOS BAPTIST ACADEMY PURPOSE: CAPITAL IMPROVEMENTS ENDOWED SCHOLARSHIP | $634,750 |
SOUTH TEXAS CHILDRENS HOME PURPOSE: CAPITAL IMPROVEMENTS | $612,500 |
HELPING HANDS OF JACKSON COUNTY PURPOSE: GENERAL FUND DONATION | $10,000 |