De Compiegne-Wallace Foundation
- Assets
- $2.5m
- Revenue
- $160.2k
- Investments
- $2.5m
- Employees
- 0
- Location
- Midland, TX
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 75-2533153
Organization Overview
De Compiegne-Wallace Foundation is located in Midland, TX. The organization was established in 1994. 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. DE Compiegne-Wallace 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 12/2022, DE Compiegne-Wallace Foundation generated $160.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $193.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, DE Compiegne-Wallace Foundation has awarded 22 individual grants totaling $713,333. 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 |
|---|---|---|---|
Mary DE Compiegne Trustee | 0 | $0 | |
Henri Joseph DE Compiegne Trustee | 0 | $0 | |
Anne DE Compiegne Lutz Trustee | 0 | $0 | |
Elise DE Compiegne Shatto Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $59,940 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,234 |
| Capital Gain Net Income | $100,234 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $160,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8 |
| Total operating and administrative expenses | $19,659 |
| Contributions, gifts, grants paid | $173,333 |
| Total expenses and disbursements | $192,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,855 |
| Savings and temporary cash investments | $0 |
| 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 | $3,848 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,467,423 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,475,126 |
| 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, De Compiegne-Wallace Foundation has awarded $173,333 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE SANTA FE OPERA PURPOSE: APPRENTICE PROGRAMS | $15,000 |
SAFE PLACE OF THE PERMIAN BASIN PURPOSE: CAPITAL CAMPAIGN | $50,000 |
CITY OF MIDLAND AQUATICS PURPOSE: POOL BUILDING | $25,000 |
MIDLAND COLLEGE FOUNDATION INC PURPOSE: CAPITAL CAMPAIGN | $33,333 |
MIDLAND COMMUNITY THEATRE INC PURPOSE: CAPITAL CAMPAIGN | $50,000 |
MIDLAND COLLEGE FOUNDATION INC PURPOSE: CAPITAL CAMPAIGN | $0 |