Chaparral Foundation
- Assets
- $10.7m
- Revenue
- $1.1m
- Investments
- $10.7m
- Employees
- 0
- Location
- Midland, TX
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 75-2707574
Organization Overview
Chaparral Foundation is located in Midland, TX. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public 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. Chaparral 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 12/2021, Chaparral Foundation generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $598.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chaparral Foundation has awarded 272 individual grants totaling $10,741,573. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
DISTRIBUTION OF FUNDS TO SUPPORT CHARITABLE, RELIGIOUS, LETERARY, SCIENTIFIC AND EDUCATIONAL PURPOSES TO OTHER ENTITIES ENGAGE IN SUCH PURPOSES. SEE SCHEDULE ATTACHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Tevis Herd President | 0 | $0 | |
Holly Herd Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39 |
| Dividends & Interest | $210,310 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $726,623 |
| Capital Gain Net Income | $726,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $126,833 |
| Total Revenue | $1,063,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,679 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,927 |
| Total operating and administrative expenses | $95,777 |
| Contributions, gifts, grants paid | $502,500 |
| Total expenses and disbursements | $598,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,718 |
| 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 | $829,923 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,685,163 |
| 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, Chaparral Foundation has awarded $502,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH ANGLICAN PURPOSE: GENERAL OPERATIONS / CAPITAL CAMPAIGN / PLEDGE | $220,000 |
SENIOR LIFE MIDLAND PURPOSE: GENERAL OPERATIONS. | $35,000 |
Fishers, IN PURPOSE: GENERAL OPERATIONS | $25,000 |
COM AQUATICS PURPOSE: GENERAL OPERATIONS | $25,000 |
Midland, TX PURPOSE: GENERAL OPERATIONS | $25,000 |
Midland, TX PURPOSE: GENERAL OPERATIONS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |