Simpson Omohundro Foundation Omohundro Educational Trust
- Assets
- $3.3m
- Revenue
- $287.4k
- Investments
- $3.1m
- Employees
- 0
- Location
- Beaumont, TX
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 76-0260102
Organization Overview
Simpson Omohundro Foundation Omohundro Educational Trust is located in Beaumont, TX. The organization was established in 0000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simpson Omohundro Foundation Omohundro Educational Trust 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, Simpson Omohundro Foundation Omohundro Educational Trust generated $287.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $214.3k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 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 2015, Simpson Omohundro Foundation Omohundro Educational Trust has awarded 138 individual grants totaling $1,370,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Boyd Wells III Trustee | 0 | $5,400 | |
Paul Parker Trustee | 0 | $5,400 | |
Eva Connell Trustee | 0 | $5,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,120 |
| Dividends & Interest | $49,618 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $226,077 |
| Capital Gain Net Income | $226,077 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $586 |
| Total Revenue | $287,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,953 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $44,335 |
| Contributions, gifts, grants paid | $170,000 |
| Total expenses and disbursements | $214,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,458 |
| Savings and temporary cash investments | $161,973 |
| 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 | $834 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $84,403 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,290,229 |
| 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, Simpson Omohundro Foundation Omohundro Educational Trust has awarded $170,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALL SAINTS EPISCOPAL SCHOOL PURPOSE: EDUCATION | $7,500 |
ANAYAT HOUSE PURPOSE: OPERATIONS | $3,000 |
ART MUSEUM OF PURPOSE: OPERATIONS | $4,500 |
BEAUMONT PUBLIC SCHOOLS PURPOSE: EDUCATION | $5,000 |
CASA OF SOUTHEAST TEXAS PURPOSE: OPERATIONS | $8,000 |
GREEN DOT PUBLIC SCHOOLS PURPOSE: EDUCATION | $10,000 |