Mary Rodes Gibson Hemostasis- Thrombosis Foundation
- Assets
- $6.9m
- Revenue
- $419.9k
- Investments
- $6.1m
- Employees
- 0
- Location
- Bryan, TX
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 74-3015534
Organization Overview
Mary Rodes Gibson Hemostasis- Thrombosis Foundation is located in Bryan, 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. Mary Rodes Gibson Hemostasis- Thrombosis 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 12/2022, Mary Rodes Gibson Hemostasis- Thrombosis Foundation generated $419.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $615.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry G Holt Chairman | 1 | $0 | |
William Price Trustee | 1 | $9,000 | |
Jeff Harris Trustee | 1 | $9,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36,064 |
| Dividends & Interest | $145,690 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $202,788 |
| Capital Gain Net Income | $202,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,310 |
| Total Revenue | $419,852 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,565 |
| Taxes | $13,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64,525 |
| Total operating and administrative expenses | $115,300 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $615,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $299,904 |
| 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 | $536,833 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,056,104 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $37,136 |
| Total assets | $6,929,977 |
| 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, Mary Rodes Gibson Hemostasis- Thrombosis Foundation has awarded $500,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RICE UNIVERSITY PURPOSE: EDUCATIONAL & MEDICAL RESEARCH GRANT | $250,000 |
TEXAS CHILDREN'S HOSPITAL PURPOSE: MEDICAL RESEARCH GRANT | $250,000 |