I D & Marguerite Fairchild Foundation
- Assets
- $3.0m
- Revenue
- $349.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- Lufkin, TX
- Founding
- 09/1978
- Data as of
- 06/2022
- EIN
- 75-1572514
Organization Overview
I D & Marguerite Fairchild Foundation is located in Lufkin, TX. The organization was established in 1978. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I D & Marguerite Fairchild 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 06/2022, I D & Marguerite Fairchild Foundation generated $349.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $306.8k during the year ending 06/2022. While expenses have increased by 0.0% per year over the past 7 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 2015, I D & Marguerite Fairchild Foundation has awarded 45 individual grants totaling $1,861,000. 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
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Shands Director | 1 | $0 | |
Aimee Slusher Director | 1 | $0 | |
Ellen Temple Director | 1 | $0 | |
Mary Duncan Secretary | 1 | $0 | |
C James Haley Jr Director | 1 | $0 | |
Phil Medford President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,082 |
| Net Rental Income | $4,261 |
| Net Gain on Sale of Assets | $296,290 |
| Capital Gain Net Income | $296,290 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $425 |
| Total Revenue | $349,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,744 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,026 |
| Total operating and administrative expenses | $40,808 |
| Contributions, gifts, grants paid | $266,000 |
| Total expenses and disbursements | $306,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $129,410 |
| 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 | $126,093 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,063,677 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,064 |
| Total assets | $2,966,354 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $266,586 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,720 |
| Total liabilities | $271,306 |
Grants Awarded
Over the last fiscal year, I D & Marguerite Fairchild Foundation has awarded $266,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: GENERAL OPERATIONS | $133,000 |
Lufkin, TX PURPOSE: EDUCATION AND ENDOWMENT | $25,000 |
ELLEN TROUT ZOO PURPOSE: ANIMAL ACQUISITION | $25,000 |
Lufkin, TX PURPOSE: GENERAL OPERATIONS | $21,000 |
TLL TEMPLE LIBRARY PURPOSE: GENERAL OPERATIONS | $20,000 |
Lufkin, TX PURPOSE: GENERAL OPERATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Livestock Show & Rodeo Inc Houston, TX | $373,631,947 | $77,585,862 |
State Fair Of Texas Dallas, TX | $104,850,223 | $80,726,809 |
San Antonio Livestock Exposition Inc San Antonio, TX | $39,007,333 | $12,434,499 |
Houston Livestock Show And Rodeo Educational Fund Houston, TX | $117,451,664 | $14,021,217 |
Earth Day Texas Inc Dallas, TX | $1,234,061 | $10,432,701 |
Bell County Expo Inc Belton, TX | $3,987,483 | $11,578,565 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Gentilly Carnival Club Jefferson, LA | $3,366,886 | $4,740,044 |
Expo Center Of Taylor County Abilene, TX | $1,469,726 | $5,612,899 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Fairfield Village Community Inc Houston, TX | $4,878,144 | $5,460,075 |
International Association Of Venue Managers Inc Coppell, TX | $4,566,324 | $3,596,917 |