Harris And Eliza Kempner Fund
- Assets
- $49.2m
- Revenue
- $5.8m
- Investments
- $44.0m
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 76-0680130
Organization Overview
Harris And Eliza Kempner Fund is located in Galveston, TX. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Harris And Eliza Kempner Fund 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, Harris And Eliza Kempner Fund generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 5 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 2018, Harris And Eliza Kempner Fund has awarded 872 individual grants totaling $8,957,365. 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 |
|---|---|---|---|
Lauren Scott Executive Director | 40 | $122,200 | |
Emily Bray Vice-President | 4 | $0 | |
Chandler Guttersen Director | 4 | $0 | |
Eliza Quigley President | 10 | $0 | |
Randall T Kempner Treasurer | 4 | $0 | |
Brooke Thompson Director | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neuberger Berman | 12/30/19 | $85,812 |
Clearbridge Advisors | 12/30/19 | $78,433 |
Kempner Capital Management | 12/30/19 | $41,448 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,949,871 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,830,829 |
| Capital Gain Net Income | $3,830,829 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $45,838 |
| Total Revenue | $5,826,538 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $122,200 |
| Other employee salaries and wages | $72,300 |
| Pension plans, employee benefits | $9,679 |
| Interest | $0 |
| Taxes | $100,067 |
| Depreciation | $5,803 |
| Occupancy | $39,623 |
| Travel, conferences, and meetings | $493 |
| Printing and publications | $0 |
| Other expenses | $175,875 |
| Total operating and administrative expenses | $854,460 |
| Contributions, gifts, grants paid | $2,344,207 |
| Total expenses and disbursements | $3,198,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| Savings and temporary cash investments | $5,006,359 |
| Net Accounts receivable | $134,010 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $70,800 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,098,682 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $204 |
| Total assets | $49,221,567 |
| 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 | $10,661 |
| Total liabilities | $10,661 |
Grants Awarded
Over the last fiscal year, Harris And Eliza Kempner Fund has awarded $2,344,207 in support to 203 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TEXAS MEDICAL BRANCH PURPOSE: TO ASSIST LOCAL 501(C)(3) ENTITIES | $301,738 |
VISION GALVESTON PURPOSE: TO ASSIST LOCAL 501(C)(3) ENTITIES | $150,750 |
GALVESTON HISTORICAL FOUNDATION PURPOSE: TO ASSIST LOCAL 501(C)(3) ENTITIES | $135,517 |
CONGREGATION B'NAI ISRAEL PURPOSE: TO ASSIST LOCAL 501(C)(3) ENTITIES | $88,650 |
NIA CULTURAL CENTER PURPOSE: TO ASSIST LOCAL 501(C)(3) ENTITIES | $86,650 |
TEEN HEALTH CENTER INC PURPOSE: TO ASSIST LOCAL 501(C)(3) ENTITIES | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Harris And Eliza Kempner Fund has recieved totaling $2,172.
| Awarding Organization | Amount |
|---|---|
Daniel K Thorne Foundation Inc Georges Mills, NH PURPOSE: EXPENSE DEFRAYAL | $2,172 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leta Mcfarlin Chapman Memorial Tr Tulsa, OK | $288,782,253 | $9,376,594 |
Nancy Ann Hunt Foundation Dallas, TX | $31,623,544 | $3,101,295 |
Don & Sybil Harrington Foundation Amarillo, TX | $137,610,156 | $21,691,315 |
John G Kenedy Jr Charitable Trust San Antonio, TX | $156,709,366 | $16,142,301 |
Bnsf Foundation Fort Worth, TX | $5,580,534 | $10,145,505 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $63,158,301 | $11,519,606 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $135,188,288 | $6,250,331 |
Charles G Woodward Tr Uw Dallas, TX | $129,576,152 | $18,439,245 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $47,111,872 | $10,559,440 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $5,330,904 | $6,919,349 |
J A & Leta M Chapman Tr 10267 Tulsa, OK | $125,788,673 | $4,652,723 |
David M Crowley Foundation Dallas, TX | $161,428,863 | $16,560,741 |