American Community Trust
- Assets
- $7.5m
- Revenue
- $4.2m
- Investments
- $5.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/2000
- Data as of
- 12/2020
- EIN
- 75-2791649
Organization Overview
American Community Trust is located in Dallas, TX. The organization was established in 2000. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Community Trust 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 12/2020, American Community Trust generated $4.2m in total revenue. All expenses for the organization totaled $887.1k during the year ending 12/2020. While expenses have increased by 12.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, American Community Trust has awarded 45 individual grants totaling $3,001,176. 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 |
|---|---|---|---|
Peter T Marsh Trustee | 40 | $120,000 | |
William M Marsh Trustee | 40 | $120,000 | |
Merritt Marsh Trustee | 40 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,018,692 |
| Interest on Savings | $17,343 |
| Dividends & Interest | $79,905 |
| Net Rental Income | $45 |
| Net Gain on Sale of Assets | $51,095 |
| Capital Gain Net Income | $51,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,944 |
| Total Revenue | $4,190,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $322,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $385 |
| Taxes | $3,274 |
| Depreciation | $17,874 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,793 |
| Total operating and administrative expenses | $357,126 |
| Contributions, gifts, grants paid | $530,000 |
| Total expenses and disbursements | $887,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,503 |
| Savings and temporary cash investments | $1,126,450 |
| 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 | $5,715,735 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,522,688 |
| 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, American Community Trust has awarded $1,173,389 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: IN MEMORY OF NANCY M. MARWILL | $500,000 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $135,000 |
Dallas, TX PURPOSE: RELIGIOUS EDUCATION | $125,000 |
TRINITY LOAVES AND FISHES PURPOSE: GENERAL SUPPORT | $63,389 |
Plano, TX PURPOSE: GENERAL SUPPORT | $50,000 |
SALVATION ARMY PURPOSE: ANGEL TREE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pure Inc Bentonville, AR | $3,138,267 | $27,808,227 |
Buckner Foundation Dallas, TX | $503,977,405 | $46,631,365 |
Panhandle Community Services Amarillo, TX | $11,013,426 | $24,011,483 |
The Citizens Foundation Usa Houston, TX | $7,765,514 | $19,916,524 |
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |