Fairfield Foundation
- Assets
- $283.5k
- Revenue
- $18.6k
- Investments
- $250.7k
- Employees
- 0
- Location
- Farmersville, TX
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 75-1746196
Organization Overview
Fairfield Foundation is located in Farmersville, TX. The organization was established in 1981. 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. Fairfield 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 12/2021, Fairfield Foundation generated $18.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.2%) each year. All expenses for the organization totaled $130.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fairfield Foundation has awarded 25 individual grants totaling $217,623. 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 |
|---|---|---|---|
William Sholten Sec/tres/truste | 0 | $0 | |
Katherine S Powell Trustee | 0 | $0 | |
Leslie K Sholten Pres/trustee | 0 | $0 | |
Lucy G Kimbrough V-P/trustee | 0 | $0 | |
Joanna S Wallander Trustee | 0 | $0 | |
William Arch Sholten Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $18,584 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $384 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $101 |
| Total operating and administrative expenses | $2,581 |
| Contributions, gifts, grants paid | $127,623 |
| Total expenses and disbursements | $130,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,799 |
| 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 | $283,474 |
| 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, Fairfield Foundation has awarded $127,623 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSING OPPORTUNITY DEVELOPMENT COR PURPOSE: GENERAL FUND | $69,273 |
HOUSING OPPORTUNITY DEVELOPMENT COR PURPOSE: GENERAL FUND | $13,919 |
HOUSING OPPORTUNITY DEVELOPMENT COR PURPOSE: GENERAL FUND | $10,841 |
HOUSING OPPORTUNITY DEVELOPMENT COR PURPOSE: GENERAL FUND | $8,590 |
CASA OF HUNT COUNTY PURPOSE: GENERAL FUND | $6,500 |
NORTHEAST ILLINOIS COUNCIL OF BSA PURPOSE: GENERAL FUND | $6,000 |
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 |