Vin And Caren Prothro Foundation
- Assets
- $6.5m
- Revenue
- $706.1k
- Investments
- $5.1m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 75-2911958
Organization Overview
Vin And Caren Prothro Foundation is located in Dallas, TX. The organization was established in 2002. 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. Vin And Caren Prothro 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 12/2022, Vin And Caren Prothro Foundation generated $706.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $508.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vin And Caren Prothro Foundation has awarded 171 individual grants totaling $6,910,066. 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.
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 |
|---|---|---|---|
Caren H Prothro Chair Em./dir. | 3 | $0 | |
Nita C Clark Pres./director | 3 | $0 | |
Vincent H Prothro Vp/director | 0.1 | $0 | |
J H Cullum Clark Sec,treas./dir. | 1 | $0 | |
Dori Kawai CFO | 1 | $0 | |
Douglas C Denby Cio | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,530 |
| Dividends & Interest | $90,875 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $610,325 |
| Capital Gain Net Income | $610,325 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,393 |
| Total Revenue | $706,123 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $49,912 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,606 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $797 |
| Total operating and administrative expenses | $57,880 |
| Contributions, gifts, grants paid | $450,098 |
| Total expenses and disbursements | $507,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,427,092 |
| 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 | $2,761,910 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,792 |
| Total assets | $6,500,161 |
| 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, Vin And Caren Prothro Foundation has awarded $1,290,742 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
AINA MOMONA PURPOSE: SUPPORT FOR MAUI FIRST RESPONDERS FOR VICTIMS OF MAUI WILDFIRES | $1,000 |
AMERICAN RED CROSS PURPOSE: SUPPORT FOR SOUTHERN AND MIDWEST TORNADOS AND STORMS VICTIMS | $1,500 |
ATT PERFORMING ARTS CENTER PURPOSE: GENERAL OPERATING SUPPORT | $3,334 |
CORNERSTONE COMMUNITY PARTNERSHIPS PURPOSE: ANNUAL SUPPORT | $500 |
DALLAS METHODIST HOSPITALS FOUNDATI PURPOSE: GENERAL SUPPORT/FOLSOM AWARD SPECIAL EVENT UNDERWRITING | $1,000 |
DALLAS OPERA PURPOSE: THE DALLAS OPERA'S ANNUAL CAMPAIGN SUPPORT | $1,500 |