Ernest L Kurth Jr Charitable Foundation
- Assets
- $0.0
- Revenue
- $2.6m
- Investments
- $29.5m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1983
- Data as of
- 12/2020
- EIN
- 75-1862248
Organization Overview
Ernest L Kurth Jr Charitable Foundation is located in Dallas, TX. The organization was established in 1983. 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. Ernest L Kurth Jr Charitable 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 12/2020, Ernest L Kurth Jr Charitable Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ernest L Kurth Jr Charitable Foundation has awarded 59 individual grants totaling $3,024,214. 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 Na Co-Trustee | 1 | $218,860 | |
Wyatt Leinart Co-Trustee | 1 | $0 | |
Bob Brown Advisor | 1 | $0 | |
Kelley Ford Advisor | 1 | $0 | |
Ben Bartlett Advisor | 1 | $0 | |
Lynn Fisher Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,034,394 |
| Profit on Inventory Sales | $0 |
| Other Income | $166,612 |
| Total Revenue | $2,608,141 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $208,875 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $452,564 |
| Contributions, gifts, grants paid | $1,703,874 |
| Total expenses and disbursements | $2,156,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $627,160 |
| Other assets | $369,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ernest L Kurth Jr Charitable Foundation has awarded $1,320,340 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Lufkin, TX PURPOSE: RENOVATION OF HOUSES | $100,000 |
BETH & HARACE STUBBLEFIELD PURPOSE: SUMMER AT RISK STUDENT PROGRAM | $100,000 |
HABITAT FOR HUMANITY PURPOSE: HELP BUILD HOMES | $100,000 |
TEXAS FORESTRY MUSEUM PURPOSE: EDUCATION OPERATION EXPENSES | $100,000 |
PREGNANCY HELP CENTER PURPOSE: PROVIDING ULTRASOUNDS | $85,000 |
CASA OF THE PINES PURPOSE: SUPPORT THE DIRECTOR AND CASEWORKER | $72,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |