Alice Taylor Gray Foundation
- Assets
- $1.0m
- Revenue
- $43.8k
- Investments
- $961.3k
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 76-6137958
Organization Overview
Alice Taylor Gray Foundation is located in Galveston, TX. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public 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. Alice Taylor Gray 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, Alice Taylor Gray Foundation generated $43.8k 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 (9.9%) each year. All expenses for the organization totaled $43.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alice Taylor Gray Foundation has awarded 75 individual grants totaling $188,850. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frost Bank Trustee | 1 | $14,820 | |
Rodney C Koenig Trustee | 1 | $885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $776 |
| Dividends & Interest | $23,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,477 |
| Capital Gain Net Income | $19,477 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53 |
| Total Revenue | $43,758 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,705 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,715 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,820 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $43,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,530 |
| Net Accounts receivable | $1,649 |
| 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 | $1,400 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $961,341 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $119 |
| Total assets | $1,029,039 |
| 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, Alice Taylor Gray Foundation has awarded $25,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BACH SOCIETY AT CHRIST THE KNIG EVANGELICAL LUTHERAN CHURCH PURPOSE: GENERAL SUPPORT | $2,000 |
BOYS & GIRLS CLUB - GREATER HOUSTON PURPOSE: GENERAL SUPPORT | $1,500 |
BUGLE BOY FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
GALVESTON ISLAND HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $2,500 |
GALVESTON ARTS CENTER PURPOSE: GENERAL SUPPORT | $2,000 |
THE JAMES DICK FOUNDATION PURPOSE: GENERAL SUPPORT | $2,000 |