Abraham Art Foundation Inc
- Assets
- $0.0
- Revenue
- $1.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Canadian, TX
- Founding
- Data as of
- 12/2016
- EIN
- 75-2681947
Organization Overview
Abraham Art Foundation Inc is located in Canadian, TX.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN THE DIRECT OPERATION OF THE FOUNDATION AND ACQUISTION OF ART WORK FOR DISPLAY IN AN ART MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malouf Abraham Jr MD Pres/dir | 10 | $0 | |
Jason M Abraham Director | 1 | $0 | |
Therese B Abraham Sec/treas/dir | 10 | $0 | |
Edward C Abraham Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,895 |
| Interest on Savings | $6 |
| 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 | $1,901 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,642 |
| Contributions, gifts, grants paid | $2,224,320 |
| Total expenses and disbursements | $2,225,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $0 |
| 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, Abraham Art Foundation Inc has awarded $2,224,320 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Canadian, TX PURPOSE: PROVIDE ART WORK FOR DISPLAY IN ART MUSEUM. | $2,212,309 |
Canadian, TX PURPOSE: PROVIDE FUNDS AVAILABLE FOR THE OPERATIONS OF ART MUSEUM. | $12,011 |
View Grant Profile
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