Ted Nash Long Life Foundation
- Assets
- $7.6m
- Revenue
- $1.2m
- Investments
- $7.6m
- Employees
- 0
- Location
- Waco, TX
- Founding
- 10/1998
- Data as of
- 12/2023
- EIN
- 74-2875627
Organization Overview
Ted Nash Long Life Foundation is located in Waco, TX. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Ted Nash Long Life 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 12/2023, Ted Nash Long Life Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 40.0% each year . All expenses for the organization totaled $512.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ted Nash Long Life Foundation has awarded 39 individual grants totaling $4,237,449. 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 |
|---|---|---|---|
J Bond Browder Director | 1 | $0 | |
John M Wilkinson Director | 1 | $0 | |
Daniel A Palmer Director | 1 | $0 | |
C Nick Pace Director | 1 | $0 | |
Scotty R Hermann Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $162,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $877,166 |
| Capital Gain Net Income | $877,166 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $138,837 |
| Total Revenue | $1,178,682 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,898 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $489 |
| Total operating and administrative expenses | $112,503 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $512,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,284 |
| 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 | $399,201 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,628,804 |
| 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, Ted Nash Long Life Foundation has awarded $400,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS TECH HEALTH SCIENCE CENTER PURPOSE: MEDICAL RESEARCH | $100,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: MEDICAL RESEARCH | $200,000 |
MAYO CLINIC PURPOSE: MEDICAL RESEARCH | $100,000 |