Max And Minnie Tomerlin Voelcker Fund is located in San Antonio, TX. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Max And Minnie Tomerlin Voelcker Fund 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 06/2020, Max And Minnie Tomerlin Voelcker Fund generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $3.3m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Max And Minnie Tomerlin Voelcker Fund has awarded 122 individual grants totaling $21,054,689. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM MANAGEMENT OF THE YOUNG INVESTIGATOR AWARDS AND SCHOLAR AWARDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Banks M Smith Trustee | 3 | $90,500 | |
David P Berndt Trustee | 3 | $84,250 | |
Forrester M Smith III Trustee | 3 | $84,250 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lcg Associates Inc | 6/29/22 | $100,000 |
Luther King Capital Management | 6/29/22 | $61,834 |
Qe Philanthropic Advisors Llc | 6/29/22 | $55,673 |
Bmo Asset Management Corp | 6/29/22 | $40,524 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $539 |
Dividends & Interest | $981,145 |
Profit on Inventory Sales | $0 |
Other Income | $1,233,339 |
Total Revenue | $3,244,170 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $237,000 |
Pension plans, employee benefits | $0 |
Depreciation | $180,628 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $981,290 |
Contributions, gifts, grants paid | $2,355,160 |
Total expenses and disbursements | $3,336,450 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,905 |
Investments—mortgage loans | $0 |
Investments—other | $21,471,418 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Max And Minnie Tomerlin Voelcker Fund has awarded $6,944,064 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
CHILDREN'S HOSPITAL OF SAN ANTONIO PURPOSE: SUPPORT THE PEDIATRIC NEUROSURGERY EPILEPSY PROGRAM | $1,333,332 |
CHILDREN'S HOSPITAL OF SAN ANTONIO PURPOSE: SUPPORT THE PEDIATRIC NEUROSURGERY EPILEPSY PROGRAM | $666,666 |
San Antonio, TX PURPOSE: SUPPORT THE MAX AND MINNIE TOMERLIN VOELCKER CENTER FOR INNOVATIVE DRUG DISCOVERY | $347,000 |
San Antonio, TX PURPOSE: SUPPORT THE MAX AND MINNIE TOMERLIN VOELCKER CENTER FOR INNOVATIVE DRUG DISCOVERY | $347,000 |
UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER - YOUNG INVESTIGATOR AWARD PURPOSE: SUPPORT THE RESEARCH OF DR. MASAHIRO MORITA, PH.D. | $300,000 |
UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER - YOUNG INVESTIGATOR AWARD PURPOSE: SUPPORT THE RESEARCH OF DR. NEELAM MUKHERJEE, PH.D. | $300,000 |
Organization Name | Assets | Revenue |
---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |