William Stamps Farish Fund
- Assets
- $103.3m
- Revenue
- $15.1m
- Investments
- $102.9m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/1952
- Data as of
- 06/2021
- EIN
- 74-6043019
Organization Overview
William Stamps Farish Fund is located in Houston, TX. The organization was established in 1952. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. William Stamps Farish 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 06/2021, William Stamps Farish Fund generated $15.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $14.0m during the year ending 06/2021. While expenses have increased by 4.7% per year over the past 6 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 2017, William Stamps Farish Fund has awarded 619 individual grants totaling $69,718,775. 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 |
|---|---|---|---|
Laura Farish Chadwick Vice President | 0 | $0 | |
Cornelia Gerry Corbett Senior Vice President | 0 | $0 | |
Larry L Shryock President | 0 | $0 | |
Leann Starns Secretary | 0 | $0 | |
Joan Neuhaus Schaan Executive Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Houston Trust Company | 6/29/21 | $933,378 |
W S Farish & Company | 6/29/21 | $120,000 |
Heidrick & Struggles | 6/29/21 | $65,517 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $325,266 |
| Dividends & Interest | $6,946,909 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,433,357 |
| Capital Gain Net Income | $7,433,357 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $382,155 |
| Total Revenue | $15,087,687 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $232,949 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $212,589 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $59,736 |
| Total operating and administrative expenses | $1,656,836 |
| Contributions, gifts, grants paid | $12,323,775 |
| Total expenses and disbursements | $13,980,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,605 |
| 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 | $3,133,257 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $103,264,363 |
| 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 | $10,349 |
| Total liabilities | $10,349 |
Grants Awarded
Over the last fiscal year, William Stamps Farish Fund has awarded $18,953,775 in support to 156 organizations.
| Grant Recipient | Amount |
|---|---|
THE MCINTIRE SCHOOL FOUNDATION PURPOSE: TO CREATE AN ENDOWMENT AT THE MCINTIRE SCHOOL OF COMMERCE | $4,000,000 |
THE MCINTIRE SCHOOL FOUNDATION PURPOSE: TO CREATE AN ENDOWMENT AT THE MCINTIRE SCHOOL OF COMMERCE | $1,000,000 |
Houston, TX PURPOSE: LIFE FLIGHT RELOCATION | $500,000 |
Brookshire, TX PURPOSE: CAPITAL CAMPAIGN | $500,000 |
AGAPE DEVELOPMENT PURPOSE: CAPITAL CAMPAIGN AND OPERATING SUPPORT | $500,000 |
Brookshire, TX PURPOSE: CAPITAL CAMPAIGN | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |
Town Branch Foundation Bentonville, AR | $511,930,269 | $39,195,874 |
Perot Foundation Dallas, TX | $46,575,873 | $1,622,633 |
The Charles Butt Foundation San Antonio, TX | $7,229,103 | $6,060,986 |