Brentwood Foundation
- Assets
- $423.0k
- Revenue
- $788.9k
- Investments
- $201.9k
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 07/1985
- Data as of
- 12/2023
- EIN
- 75-2032865
Organization Overview
Brentwood Foundation is located in Frisco, TX. The organization was established in 1985. 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. Brentwood 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 12/2023, Brentwood Foundation generated $788.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Brentwood Foundation has awarded 267 individual grants totaling $11,133,300. 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 |
|---|---|---|---|
Michael Jaccar President | 20 | $48,000 | |
Thomas Teague Director | 2 | $0 | |
Kimberlee Nelson Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $763,400 |
| Interest on Savings | $25,537 |
| Dividends & Interest | $0 |
| 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 | $788,937 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12 |
| Depreciation | $0 |
| Occupancy | $6,076 |
| Travel, conferences, and meetings | $1,000 |
| Printing and publications | $0 |
| Other expenses | $9,528 |
| Total operating and administrative expenses | $65,416 |
| Contributions, gifts, grants paid | $1,208,900 |
| Total expenses and disbursements | $1,274,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15 |
| Savings and temporary cash investments | $220,999 |
| 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 | $422,955 |
| 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, Brentwood Foundation has awarded $1,208,900 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
A TIME TO WORK PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $2,000 |
ABILENE CHRISTIAN UNIVERSITY PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $849,000 |
APOLLOS LEARNING CENTER INC PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $2,000 |
BE DIFFERENT FND PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $250 |
COLORADO MEASE MEN'S LACROSSE PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $500 |
CHANGE A LIFE MINISTRY PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $10,750 |