Garvey Texas Foundation Inc is located in Fort Worth, TX. The organization was established in 1964. 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. Garvey Texas Foundation Inc 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, Garvey Texas Foundation Inc generated $357.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $336.3k during the year ending 12/2020. While expenses have increased by 6.3% per year over the past 3 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 2020, Garvey Texas Foundation Inc has awarded 181 individual grants totaling $530,850. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard F Garvey President | 2 | $0 | |
Carol G Sweat Vice President | 2 | $0 | |
Reece Pettigrew Treasurer | 2 | $0 | |
Jacob G Sweat Secretary | 2 | $0 | |
Kathryn G Cain Vice President | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $215,000 |
Interest on Savings | $677 |
Dividends & Interest | $88,467 |
Profit on Inventory Sales | $0 |
Other Income | $31,588 |
Total Revenue | $357,864 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $66,193 |
Contributions, gifts, grants paid | $270,100 |
Total expenses and disbursements | $336,293 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,668 |
Investments—mortgage loans | $0 |
Investments—other | $5,640,415 |
Other assets | $0 |
Mortgages and other notes payable | $64,900 |
Other liabilities | $0 |
Over the last fiscal year, Garvey Texas Foundation Inc has awarded $260,750 in support to 89 organizations.
Grant Recipient | Amount |
---|---|
TCU ATHLETICS PURPOSE: CHARITABLE GIVING | $20,200 |
FW MUSEUM OF SCIENCE&HISTORY PURPOSE: CHARITABLE GIVING | $20,000 |
Fort Worth, TX PURPOSE: CHARITABLE GIVING | $20,000 |
ALLIANCE FOR CHILDREN PURPOSE: CHARITABLE GIVING | $15,000 |
Fort Worth, TX PURPOSE: CHARITABLE GIVING | $15,000 |
ALL SAINTS HEALTH FOUNDATION PURPOSE: CHARITABLE GIVING | $12,500 |
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 |