Max And Minnie Tomerlin Voelcker Fund

Organization Overview

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.

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


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Board, Officers & Key Employees

Name (title)Compensation
Banks M Smith
Trustee
$90,500
David P Berndt
Trustee
$84,250
Forrester M Smith III
Trustee
$84,250

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lcg Associates Inc
$100,000
Luther King Capital Management
$61,834
Qe Philanthropic Advisors Llc
$55,673
Bmo Asset Management Corp
$40,524
View All Vendors

Financial Statements

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

Grants Awarded

Over the last fiscal year, Max And Minnie Tomerlin Voelcker Fund has awarded $6,944,064 in support to 32 organizations.

Grant RecipientAmount

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

UNIVERSITY OF TEXAS AT SAN ANTONIO

Org PageRecipient Profile

San Antonio, TX

PURPOSE: SUPPORT THE MAX AND MINNIE TOMERLIN VOELCKER CENTER FOR INNOVATIVE DRUG DISCOVERY

$347,000

UNIVERSITY OF TEXAS AT SAN ANTONIO

Org PageRecipient Profile

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
View Grant Profile

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