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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malouf Abraham Jr MD Pres/dir | 10 | $0 | |
Therese B Abraham Sec/treas/dir | 10 | $0 | |
Edward C Abraham Director | 1 | $0 | |
Jason M Abraham Director | 1 | $0 |
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 |
Over the last fiscal year, Abraham Art Foundation Inc has awarded $2,224,320 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CITADELLE ART FOUNDATION PURPOSE: PROVIDE ART WORK FOR DISPLAY IN ART MUSEUM. | $2,212,309 |
CITADELLE ART FOUNDATION PURPOSE: PROVIDE FUNDS AVAILABLE FOR THE OPERATIONS OF ART MUSEUM. | $12,011 |