Shirley And David Toomim Family Foundation
- Assets
- $7.4m
- Revenue
- $871.4k
- Investments
- $7.0m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 76-0585077
Organization Overview
Shirley And David Toomim Family Foundation is located in Houston, TX. The organization was established in 1999. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shirley And David Toomim Family 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 12/2021, Shirley And David Toomim Family Foundation generated $871.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $596.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shirley And David Toomim Family Foundation has awarded 206 individual grants totaling $3,332,161. 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 |
|---|---|---|---|
Ellen Toomim Robinson President | 1 | $30,000 | |
Steve Robinson Trustee | 1 | $30,000 | |
Bruce M Levy Vice President/secretary/t | 5 | $30,000 | |
Shirley Wolff Toomim Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $197,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $670,134 |
| Capital Gain Net Income | $670,134 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,960 |
| Total Revenue | $871,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,958 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $217 |
| Total operating and administrative expenses | $174,230 |
| Contributions, gifts, grants paid | $422,500 |
| Total expenses and disbursements | $596,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,608 |
| Savings and temporary cash investments | $279,194 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,389,495 |
| 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, Shirley And David Toomim Family Foundation has awarded $422,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
EVELYN RUBENSTEIN JCC HOUSTON PURPOSE: GENERAL SUPPORT | $72,000 |
SHLENKER SCHOOL PURPOSE: VARIOUS | $65,000 |
Houston, TX PURPOSE: VARIOUS | $55,000 |
URJ GREENE FAMILY CAMP PURPOSE: JACKOFSKY FACULTY CENTER | $25,000 |
SEARCH PURPOSE: HOUSE OF TINY TREASURES | $25,000 |
Brookshire, TX PURPOSE: CHISPA FILM PROJECT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Invitational Smoke Houston, TX | $5,761,542 | $2,810,220 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Cullen Trust For The Performing Arts Houston, TX | $84,734,407 | $8,559,059 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Tobin Endowment Tr San Antonio, TX | $66,872,342 | $3,974,678 |
Freedom Shield Foundation Lewisville, TX | $366,050 | $2,668,324 |
R W Norton Art Foundation Shreveport, LA | $90,584,723 | $3,020,184 |
Knowledge Arts Foundation Houston, TX | $5,977,787 | $3,546,412 |
J M Parker Foundation Abilene, TX | $41,978,298 | $664,865 |
Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 San Antonio, TX | $24,621,680 | $3,797,950 |
Inprint Inc Houston, TX | $7,553,324 | $1,398,082 |
Art And Eva Camunez Tucker Foundation San Angelo, TX | $10,543,164 | $1,213,438 |