Texas Cavaliers Charitable Foundation
- Assets
- $11.0m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 08/1992
- Data as of
- 06/2022
- EIN
- 74-2546003
Organization Overview
Texas Cavaliers Charitable Foundation is located in San Antonio, TX. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Cavaliers 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 06/2022, Texas Cavaliers Charitable Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 18.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Texas Cavaliers Charitable Foundation has awarded 266 individual grants totaling $8,292,164. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S EXEMPT PURPOSE IS TO ENCOURAGE, FOSTER, SUPPORT, AND CONDUCT ACTIVITIES AND PROGRAMS WHICH WILL BENEFIT CHILDREN RESIDING WITHIN TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES CHARITABLE CONTRIBUTIONS THROUGHOUT THE YEAR TO VARIOUS CHARITIES WHICH BENEFIT CHILDREN RESIDING WITHIN THE STATE OF TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Nisbet Exec Director | Officer | 40 | $54,750 |
Triple Fuhrmann Treasurer | OfficerTrustee | 1 | $0 |
Jeff Bailey Vice President | OfficerTrustee | 1 | $0 |
Michael Kiolbassa Secretary | OfficerTrustee | 1 | $0 |
Donald E Miller Jr Vc King Cnl | OfficerTrustee | 1 | $0 |
Plack Carr Events Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,253,189 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,253,189 |
| Total Program Service Revenue | $0 |
| Investment income | $94,094 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $118,400 |
| Net Income from Fundraising Events | $130,066 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,595,749 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,943,114 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,750 |
| Compensation of current officers, directors, key employees. | $54,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $14,523 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,474 |
| Fees for services: Other | $31,888 |
| Advertising and promotion | $4,024 |
| Office expenses | $32,019 |
| Information technology | $4,794 |
| Royalties | $0 |
| Occupancy | $12,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $430 |
| Insurance | $4,544 |
| All other expenses | $0 |
| Total functional expenses | $2,240,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,404 |
| Savings and temporary cash investments | $834,705 |
| Pledges and grants receivable | $3,752,353 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $31,702 |
| Net Land, buildings, and equipment | $1,350 |
| Investments—publicly traded securities | $6,063,187 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,327 |
| Total assets | $11,025,028 |
| Accounts payable and accrued expenses | $14,523 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,523 |
| Net assets without donor restrictions | $2,907,392 |
| Net assets with donor restrictions | $8,103,113 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,025,028 |
Grants Awarded
Over the last fiscal year, Texas Cavaliers Charitable Foundation has awarded $1,677,649 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: BASIC NEEDS FOR CHILDREN | $1,195,000 |
San Antonio, TX PURPOSE: ENRICHMENT PROG FOR AT-RISK YOUTH | $119,000 |
San Antonio, TX PURPOSE: BUILDING PURCHASE | $26,300 |
San Antonio, TX PURPOSE: GREAT FUTURES ENRICHMENT PROGRAM | $23,500 |
San Antonio, TX PURPOSE: HEALING PROGRAMS FOR GRIEVING KIDS | $23,350 |
San Antonio, TX PURPOSE: REFURBISHING BEDROOMS & FURNITURE | $20,500 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Texas Cavaliers Charitable Foundation has recieved totaling $563,087.
| Awarding Organization | Amount |
|---|---|
Elma Dill Russell Spencer Foundation San Antonio, TX PURPOSE: SUPPORT FOR IMPOVERISHED CHILDREN IN BEXAR COUNTY, TX | $180,000 |
Elizabeth Huth Maddux Charitable Foundation San Antonio, TX PURPOSE: UNRESTRICTED | $153,500 |
Nelson Puett Foundation Austin, TX PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $66,250 |
Betty Stieren Kelso Foundation San Antonio, TX PURPOSE: CHARITABLE | $50,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $46,500 |
Sam And Laura Dawson Family Foundation San Antonio, TX PURPOSE: SUPPORT PROGRAMS | $25,000 |
Endowment Analysis
| Beg. Balance | $3,250,921 |
| Net Contributions | $211,188 |
| Ending Balance | $3,462,109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisiana At Lafayette Foundation Lafayette, LA | $292,703,277 | $46,235,918 |
Louisiana Tech University Foundation Inc Ruston, LA | $117,962,998 | $18,845,072 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
America Can Cars For Kids Dallas, TX | $4,240,577 | $12,374,341 |
Friends Of Imagine International Academy Of North Texas Mckinney, TX | $32,038,501 | $13,231,420 |
Cynthia & Geo Mitchell Foundation The Woodlands, TX | $379,261,425 | $375,406 |
University Of Texas Law School Foundation Austin, TX | $263,458,115 | $22,437,207 |
Dallas Seminary Foundation Dallas, TX | $76,216,359 | $8,000,736 |
Sul Ross State University Foundation Alpine, TX | $1,687,998 | $1,230,429 |
University Of New Orleans Foundation New Orleans, LA | $129,213,862 | $21,783,517 |
Grambling High Foundation Grambling, LA | $36,491,619 | $11,923,300 |
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |