A S Genecov Foundation
- Assets
- $7.0m
- Revenue
- $2.7m
- Investments
- $6.4m
- Employees
- 0
- Location
- Tyler, TX
- Founding
- 05/1958
- Data as of
- 12/2022
- EIN
- 75-6023698
Organization Overview
A S Genecov Foundation is located in Tyler, TX. The organization was established in 1958. 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. A S Genecov 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, A S Genecov Foundation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.0% each year . All expenses for the organization totaled $526.8k during the year ending 12/2022. While expenses have increased by 10.9% per year over the past 7 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 2014, A S Genecov Foundation has awarded 411 individual grants totaling $3,210,658. 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 |
|---|---|---|---|
Raymond Mckinney Manager | 1 | $0 | |
Terry M Darryl Manager | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,545 |
| Interest on Savings | $280,547 |
| Dividends & Interest | $48,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,398,940 |
| Capital Gain Net Income | $2,398,940 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,742,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,938 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,099 |
| Total operating and administrative expenses | $79,219 |
| Contributions, gifts, grants paid | $447,560 |
| Total expenses and disbursements | $526,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,912 |
| Savings and temporary cash investments | $563,268 |
| 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 | $2,576 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,997,648 |
| 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 | $34,745 |
| Total liabilities | $34,745 |
Grants Awarded
Over the last fiscal year, A S Genecov Foundation has awarded $447,560 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
AISHEL HOUSE PURPOSE: PUBLIC SERVICE | $540 |
ALL SAINTS EPISCOPAL SCHOOL PURPOSE: SUPPORT OF EDUCATION | $5,000 |
ALZHEIMER'S ALLIANCE PURPOSE: PUBLIC SERVICE | $5,500 |
AMERICAN HEART ASSOCIATION PURPOSE: PUBLIC SERVICE | $5,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: PUBLIC SERVICE | $500 |
AMERICAN SOCIETY FOR YAD VASHEM PURPOSE: PUBLIC SERVICE | $100 |