J S Bridwell Foundation
- Assets
- $21.8m
- Revenue
- $1.2m
- Investments
- $20.3m
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 12/1951
- Data as of
- 12/2022
- EIN
- 75-6032988
Organization Overview
J S Bridwell Foundation is located in Wichita Falls, TX. The organization was established in 1951. 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. J S Bridwell 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, J S Bridwell Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, J S Bridwell Foundation has awarded 221 individual grants totaling $8,394,028. 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 |
|---|---|---|---|
Mac W Cannedy Jr President/treasurer | 5 | $30,000 | |
Bobby Henry Director | 2 | $30,000 | |
Thomas E Knight Secretary | 2 | $30,000 | |
Terry M Walker Director | 2 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,168,038 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$80,139 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $108,076 |
| Total Revenue | $1,195,975 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,184 |
| Depreciation | $21,855 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,958 |
| Total operating and administrative expenses | $333,761 |
| Contributions, gifts, grants paid | $1,807,900 |
| Total expenses and disbursements | $2,141,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $769,762 |
| Savings and temporary cash investments | $172,447 |
| Net Accounts receivable | $51,963 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $449,126 |
| Total assets | $21,769,014 |
| 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, J S Bridwell Foundation has awarded $1,807,900 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
ALL HANDS CULTURAL CMNTY CTR PURPOSE: OPERATING BUDGET | $15,000 |
ALZHEIMERS ASSOCIATION PURPOSE: OPERATING BUDGET | $5,000 |
ASSOC OF TX SOIL & WATER CONSERVATION PURPOSE: SCHOLARSHIPS, SPONSORSHIPS | $10,000 |
BACKDOOR THEATRE PURPOSE: OPERATING BUDGET | $5,000 |
BIG BROTHERS BIG SISTERS PURPOSE: OPERATING BUDGET | $15,000 |
BOY SCOUTS OF AMERICA NORTHWEST TX COUNCIL PURPOSE: OPERATING BUDGET | $12,000 |