Clarence Westbury Foundation
- Assets
- $8.5m
- Revenue
- $542.8k
- Investments
- $8.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 76-0507294
Organization Overview
Clarence Westbury Foundation is located in Houston, TX. The organization was established in 1997. 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. Clarence Westbury 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, Clarence Westbury Foundation generated $542.8k 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 (43.4%) each year. All expenses for the organization totaled $495.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clarence Westbury Foundation has awarded 61 individual grants totaling $1,625,511. 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 |
|---|---|---|---|
Jacques Boissonnas President/director-To 9/20/22 | 4 | $0 | |
Clemence Boissonnas-Molin President/dir-From 9/20/22 | 4 | $0 | |
Dorothee Boissonnas-Busse Vice President/director | 1 | $0 | |
Molly K Wurzer Secretary-Treasurer | 1 | $0 | |
Clemence Boissonnas-Molin Sr.vice President/dir-To 9/20/22 | 1 | $0 | |
Glenn H Johnson Assist Secretary-Treas.-From 12/15/22 | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $914 |
| Dividends & Interest | $259,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $282,770 |
| Capital Gain Net Income | $282,770 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $542,762 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,059 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,732 |
| Total operating and administrative expenses | $103,460 |
| Contributions, gifts, grants paid | $392,322 |
| Total expenses and disbursements | $495,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,345 |
| Savings and temporary cash investments | $273,744 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,118,724 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,546,251 |
| 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, Clarence Westbury Foundation has awarded $392,322 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
564 PARK AVENUE PRESERVATION FOUNDATION PURPOSE: GENERAL SUPPORT | $2,500 |
AMIS DU CENTRE POMPIDOU PURPOSE: GENERAL SUPPORT/HISTORY PROJECT | $61,790 |
BE AN ANGEL FUND PURPOSE: GENERAL SUPPORT | $22,000 |
CARREFOUR PASTORAL DE LA FRANCOPHONIE INC PURPOSE: GENERAL SUPPORT | $1,500 |
THE BRICK CHURCH SCHOOL PURPOSE: ANNUAL FUND | $5,000 |
CENTRAL PARK CONSERVANCY INC PURPOSE: WOMEN'S COMMITTEE | $2,500 |