Ed And Margaret Roberts Foundation
- Assets
- $2.1m
- Revenue
- $116.5k
- Investments
- $1.8m
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 01/2008
- Data as of
- 12/2023
- EIN
- 75-6600063
Organization Overview
Ed And Margaret Roberts Foundation is located in Amarillo, TX. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ed And Margaret Roberts 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 12/2023, Ed And Margaret Roberts Foundation generated $116.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $148.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ed And Margaret Roberts Foundation has awarded 11 individual grants totaling $117,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,568 |
| Dividends & Interest | $33,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $417 |
| Capital Gain Net Income | $417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,663 |
| Total Revenue | $116,475 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,687 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $324 |
| Total operating and administrative expenses | $66,823 |
| Contributions, gifts, grants paid | $82,000 |
| Total expenses and disbursements | $148,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $226,973 |
| 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 | $31,619 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $32,283 |
| Total assets | $2,137,941 |
| 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, Ed And Margaret Roberts Foundation has awarded $82,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
POLK STREET METHODIST CHURCH PURPOSE: SNACK PACK FOR KIDS | $10,000 |
INTERNATIONAL FOLK ART ALLIANCE INC PURPOSE: OPERATING | $10,000 |
CETA CANYON CAMP & RETREAT CENTER PURPOSE: CAMP SCHOLARSHIPS | $10,000 |
STORYBRIDGE INC PURPOSE: UNRESTRICTED | $2,000 |
WEST TEXAS A&M UNIVERSITY FOUNDATIO PURPOSE: NURSING SCHOLARSHIPS | $50,000 |