Florence Foundation
- Assets
- $1.3m
- Revenue
- $167.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1959
- Data as of
- 11/2022
- EIN
- 75-6008029
Organization Overview
Florence Foundation is located in Dallas, TX. The organization was established in 1959. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Florence 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 11/2022, Florence Foundation generated $167.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $341.4k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Florence Foundation has awarded 131 individual grants totaling $950,000. 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 |
|---|---|---|---|
Bank Of America N A Trustee | 1 | $29,760 | |
Paul W Harris Fdn Board | 1 | $0 | |
Sandra C Florence Fdn Board | 1 | $0 | |
Katherine L Florence Fdn Board | 1 | $0 | |
Corinne Aronhalt Fdn Board | 1 | $0 | |
Terry G Prichett Fdn Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,763 |
| Net Rental Income | $33 |
| Net Gain on Sale of Assets | $127,510 |
| Capital Gain Net Income | $127,510 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $167,673 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $29,760 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,064 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,140 |
| Printing and publications | $0 |
| Other expenses | $382 |
| Total operating and administrative expenses | $39,385 |
| Contributions, gifts, grants paid | $302,000 |
| Total expenses and disbursements | $341,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,921 |
| 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 | $2,905 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,257,095 |
| 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, Florence Foundation has awarded $302,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: BIOINFORMATION CENTER FOR | $107,500 |
FAIR PARK FIRST COMMUNITY PARK PURPOSE: 40 YR PROMISE FOR | $50,000 |
MAUI MEMORIAL MEDICAL CENTER PURPOSE: MOBILE CLOUD BASED PLATFORM | $17,000 |
Dallas, TX PURPOSE: SUPPORT YOUTH RESCUED FROM | $10,000 |
Dallas, TX PURPOSE: SUPPORT TO AND THROUGH | $10,000 |
NEW FRIENDS NEW LIFE PURPOSE: PROGRAM FOR SURVIVORS OF | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |