Maud And Jack Eddy Foundation Trust
- Assets
- $186.5k
- Revenue
- $7.6k
- Investments
- $180.1k
- Employees
- 0
- Location
- Lampasas, TX
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 74-6422083
Organization Overview
Maud And Jack Eddy Foundation Trust is located in Lampasas, TX. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maud And Jack Eddy Foundation 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 12/2022, Maud And Jack Eddy Foundation Trust generated $7.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $12.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Maud And Jack Eddy Foundation Trust has awarded 86 individual grants totaling $255,625. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDING SCHOLARSHIPS TO SELECTED GRADUATES OF LAMPASAS HIGH SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindi L Pratus Trustee | 1 | $1,000 | |
Evan Stubbs Trustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $5,389 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,227 |
| Capital Gain Net Income | $2,227 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $155 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34 |
| Total operating and administrative expenses | $3,039 |
| Contributions, gifts, grants paid | $9,200 |
| Total expenses and disbursements | $12,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,229 |
| Net Accounts receivable | $259 |
| 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 | $186,547 |
| 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, Maud And Jack Eddy Foundation Trust has awarded $22,350 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS AM UNIVERSITY FOR PURPOSE: SCHOLARSHIP | $1,000 |
TEXAS AM UNIVERSITY FOR PURPOSE: SCHOLARSHIP | $2,300 |
TEXAS AM UNIVERSITY FOR PURPOSE: SCHOLARSHIP | $2,300 |
UNIVERSITY OF TEXAS PURPOSE: SCHOLARSHIP | $2,300 |
UNIVERSITY OF TEXAS PURPOSE: SCHOLARSHIP | $1,900 |
TEXAS AM UNIVERSITY FOR PURPOSE: SCHOLARSHIP | $4,550 |