D Kent And Linda C Anderson Foundation
- Assets
- $643.5k
- Revenue
- $24.6k
- Investments
- $631.8k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 76-0520696
Organization Overview
D Kent And Linda C Anderson Foundation is located in Houston, TX. The organization was established in 1996. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. D Kent And Linda C Anderson 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, D Kent And Linda C Anderson Foundation generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $46.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, D Kent And Linda C Anderson Foundation has awarded 129 individual grants totaling $1,117,360. 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 |
|---|---|---|---|
Linda C Anderson Director/pres | 1 | $0 | |
Whitney P Anderson Director/secretary | 1 | $0 | |
Huntley C Anderson Director/treas | 1 | $0 | |
Clarke K Anderson Director/vice Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $15,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,744 |
| Capital Gain Net Income | $7,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,602 |
| Total Revenue | $24,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,348 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,785 |
| Contributions, gifts, grants paid | $38,025 |
| Total expenses and disbursements | $46,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,239 |
| Savings and temporary cash investments | $9,503 |
| 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 | $1,449 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $643,544 |
| 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, D Kent And Linda C Anderson Foundation has awarded $38,025 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMAZING PLACE PURPOSE: GENERAL | $500 |
BRIGHTER BITES PURPOSE: GENERAL | $500 |
COWBOY CHURCH OF BRENHAM PURPOSE: GENERAL | $1,000 |
DUCHESNE FUND PURPOSE: GENERAL | $250 |
EPIPHANY OF THE LORD PURPOSE: GENERAL | $500 |
FRIENDS FOR LIFE PURPOSE: GENERAL | $500 |