Furr Foundation Inc
- Assets
- $1.1m
- Revenue
- $54.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Arlington, TX
- Founding
- 08/1995
- Data as of
- 12/2023
- EIN
- 75-2605002
Organization Overview
Furr Foundation Inc is located in Arlington, TX. The organization was established in 1995. 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. Furr Foundation Inc 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, Furr Foundation Inc generated $54.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $157.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Furr Foundation Inc has awarded 96 individual grants totaling $668,799. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADDITION TO HARDIN-SIMMONS UNIVERSITY ENDOWMENT FUND ($40,000)FOR SCHOLARSHIP AND GENERAL OPERATION FUNDS TO GRACE PREPARATORY ACADEMY ($20,000).
PROVIDED SCHOLARSHIPS TO TWELVE UNIVERSITIES AND COLLEGES IN TEXAS, OKLAHOMA, ARKANSAS AND ARIZONA.
PROVIDED GENERAL OPERATION FUNDS TO FIRST METHODIST CHURCH IN ANSON, TEXAS.
PROVIDED GENERAL OPERATION FUND TO CADDO VOLUNTEER FIRE DEPARTMENTS DUE TO WILDFIRE, FUNDS TO TARRANT COUNTY LIVESTOCK SHOW, AND ELEMENTARY SCHOOL UNIFORMS.
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 |
|---|---|---|---|
David Cook President | 2 | $0 | |
Reda Cook Secretary | 1 | $0 | |
Amy Cook Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $199 |
| Interest on Savings | $0 |
| 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 | $54,119 |
| Total Revenue | $54,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,511 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,136 |
| Contributions, gifts, grants paid | $155,427 |
| Total expenses and disbursements | $157,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,030 |
| Savings and temporary cash investments | $9,977 |
| 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 | $1,100,424 |
| 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, Furr Foundation Inc has awarded $155,427 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATIONS | $50,000 |
HARDIN-SIMMONS UNIVERSITY PURPOSE: ENODWMENT | $40,000 |
UNIVERSITY OF TEXAS SAN ANTONIO PURPOSE: SCHOLARSHIP | $5,028 |
GRACE PREPARATORY ACADEMY PURPOSE: OPERATIONS | $20,000 |
OKLAHOMA UNIVERSITY PURPOSE: SCHOLARSHIP | $4,000 |
TEXAS CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $4,000 |