The Summerfield G Roberts Foundation
- Assets
- $10.4m
- Revenue
- $610.0k
- Investments
- $10.1m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/1991
- Data as of
- 03/2024
- EIN
- 75-2341916
Organization Overview
The Summerfield G Roberts Foundation is located in Dallas, TX. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Summerfield G Roberts 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 03/2024, Summerfield G Roberts Foundation generated $610.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $668.8k during the year ending 03/2024. While expenses have increased by 3.3% per year over the past 6 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 2017, Summerfield G Roberts Foundation has awarded 85 individual grants totaling $2,738,927. 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.
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 |
|---|---|---|---|
Bank Of America N A Co-Trustee | 1 | $106,965 | |
David D Jackson Co-Trustee | 1 | $36,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $265,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,942 |
| Capital Gain Net Income | $82,942 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $261,536 |
| Total Revenue | $609,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $142,965 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,135 |
| Depreciation | $0 |
| Occupancy | $15,600 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,544 |
| Total operating and administrative expenses | $213,544 |
| Contributions, gifts, grants paid | $455,233 |
| Total expenses and disbursements | $668,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$81,481 |
| Savings and temporary cash investments | $307,723 |
| 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 | $1 |
| Total assets | $10,371,136 |
| 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, The Summerfield G Roberts Foundation has awarded $455,233 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
PRESERVATION DALLAS PURPOSE: 2022 JOURNAL LEGACIES FOR | $5,000 |
REMEMBER THE ALAMO FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $50,000 |
WASHINGTON ON THE BRAZOS HISTORICAL FDN PURPOSE: CAPITAL CAMPAIGN; | $14,000 |
UNIVERSITY OF TEXAS RIO GRANDE VALLEY FD PURPOSE: COMMUNITY HISTORICAL | $20,000 |
THE SHUMLA SCHOOL INC PURPOSE: UNRESTRICTED GENERAL | $20,000 |
SMU - CLEMENTS CENTER PURPOSE: SGR COX SCHOOL OF BUSINESS | $70,000 |