Nelson Puett Foundation
- Assets
- $17.8m
- Revenue
- $934.5k
- Investments
- $17.4m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 10/1957
- Data as of
- 12/2022
- EIN
- 74-6062365
Organization Overview
Nelson Puett Foundation is located in Austin, TX. The organization was established in 1957. 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. Nelson Puett 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, Nelson Puett Foundation generated $934.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nelson Puett Foundation has awarded 309 individual grants totaling $6,114,893. 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 |
|---|---|---|---|
Nelson Harwood Puett President | 0 | $0 | |
Caroline C Puett Secretary/treasurer | 0 | $0 | |
Caroline Chenault Puett Price Director | 0 | $0 | |
Elizabeth Barrow Puett Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $387 |
| Dividends & Interest | $729,180 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,790 |
| Capital Gain Net Income | $178,790 |
| Net ST Capital Gain | $0 |
| Income Modifications | $6,690 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,143 |
| Total Revenue | $934,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $501 |
| Total operating and administrative expenses | $25,849 |
| Contributions, gifts, grants paid | $1,414,503 |
| Total expenses and disbursements | $1,440,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,985 |
| Savings and temporary cash investments | $59,499 |
| 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 | $99,488 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,854,140 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$12,655 |
| Total assets | $17,803,291 |
| 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 | $428,156 |
| Total liabilities | $428,156 |
Grants Awarded
Over the last fiscal year, Nelson Puett Foundation has awarded $1,414,503 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
2CARE2 CHANGE PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $5,000 |
AMVETS PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $1,500 |
AUSTIN SUNSHINE CAMPS PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $21,000 |
AUSTIN SPEECH LABS PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $50,000 |
ASSISTANCE LEAGUE OF AUSTIN TEXAS PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $25,000 |
CARITAS OF AUSTIN PURPOSE: CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC & MEDICAL | $5,000 |