Horse Creek Trust
- Assets
- $2.8m
- Revenue
- $124.9k
- Investments
- $2.6m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1986
- Data as of
- 03/2024
- EIN
- 74-6340243
Organization Overview
Horse Creek Trust is located in Dallas, TX. The organization was established in 1986. 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. Horse Creek Trust 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 03/2024, Horse Creek Trust generated $124.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $174.1k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Horse Creek Trust has awarded 82 individual grants totaling $478,450. 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 |
|---|---|---|---|
Bank Of America N A Co-Trustee | 1 | $24,041 | |
Allan G Paterson Jr Co-Trustee | 1 | $0 | |
Carolyn J Paterson Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,855 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,249 |
| Capital Gain Net Income | $59,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,820 |
| Total Revenue | $124,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,041 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,727 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,780 |
| Total operating and administrative expenses | $29,798 |
| Contributions, gifts, grants paid | $144,350 |
| Total expenses and disbursements | $174,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,931 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,789,474 |
| 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, Horse Creek Trust has awarded $144,350 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ST PAUL'S SCHOOL PURPOSE: UNRESTRICTED GENERAL | $15,000 |
HOTCHKISS SCHOOL PURPOSE: UNRESTRICTED GENERAL | $5,000 |
WHITNEY MUSEUM OF AMERICAN ART PURPOSE: UNRESTRICTED GENERAL | $15,000 |
CROSSROADS SCHOOL FOR ARTS AND SCIENCES PURPOSE: UNRESTRICTED GENERAL | $1,000 |
WASHINGTON AND LEE UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $10,000 |
MUSEUM OF THE SHENANDOAH VALLEY PURPOSE: UNRESTRICTED GENERAL | $27,000 |