The 1959 White Sox Foundation
- Assets
- $273.3k
- Revenue
- $12.9k
- Investments
- $231.8k
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 07/2001
- Data as of
- 12/2018
- EIN
- 75-2936959
Organization Overview
The 1959 White Sox Foundation is located in Fort Worth, TX. The organization was established in 2001. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations.
For the year ending 12/2018, 1959 White Sox Foundation generated $12.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $16.4k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Kalas Director | 6 | $0 | |
Meredith Armstrong Director | 0 | $0 | |
Fred Cantu Director | 3 | $0 | |
Tyler Armstrong Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $59 |
| 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 | $12,872 |
| Total Revenue | $12,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $138 |
| Depreciation | $1,931 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,810 |
| Total operating and administrative expenses | $4,879 |
| Contributions, gifts, grants paid | $11,516 |
| Total expenses and disbursements | $16,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,895 |
| Savings and temporary cash investments | $35,563 |
| 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 | $19,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $273,305 |
| 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, The 1959 White Sox Foundation has awarded $11,516 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COOK CHILDREN'S HEALTH FOUNDATION PURPOSE: REHAB RESTRICTED FUND | $10,916 |
TARRANT AG SCHOLARSHIP CO PURPOSE: EXEMPT PURPOSE ASSISTANCE | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Sky Ranch Inc Van, TX | $1,693,523 | $2,755,522 |
Boys & Girls Clubs In Texas Austin, TX | $259,579 | $927,363 |
Td Club Foundation Dallas, TX | $394,708 | $882,882 |
Angelina County Fair Foundation Lufkin, TX | $220,186 | $574,723 |
Tulsa State Fair Junior Livestock Auction Corporation Tulsa, OK | $1,023,472 | $622,403 |
Hill Country Youth Ranch Foundation Ingram, TX | $26,320,394 | $4,304,449 |
Bcs Marathon Bryan, TX | $184,849 | $471,973 |
Mayes County Premium Auction Corporation Rose, OK | $3,617 | $388,629 |
Tankproof Prairieville, LA | $21,194 | $293,422 |
Lone Star High School Band Boosters Association Frisco, TX | $37,807 | $192,766 |
Boys And Girls Clubs Of Greater Houston Foundation Houston, TX | $5,493,480 | $630,165 |
Pottsboro Kids Club Pottsboro, TX | $93,731 | $0 |