Sadie Jo Black Family Foundation
- Assets
- $2.6m
- Revenue
- $130.6k
- Investments
- $2.6m
- Employees
- 0
- Location
- Waco, TX
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 80-0766649
Organization Overview
Sadie Jo Black Family Foundation is located in Waco, TX. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sadie Jo Black 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, Sadie Jo Black Family Foundation generated $130.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $355.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sadie Jo Black Family Foundation has awarded 34 individual grants totaling $1,478,762. 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 |
|---|---|---|---|
Extraco Banks Na Johnny Giotes Secretary | 1 | $47,752 | |
Gary Don Parker President/chairman | 1 | $47,752 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $82,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,777 |
| Capital Gain Net Income | $18,777 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,611 |
| Total Revenue | $130,558 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $95,504 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $99,433 |
| Contributions, gifts, grants paid | $255,833 |
| Total expenses and disbursements | $355,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$38,840 |
| Savings and temporary cash investments | $0 |
| 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 | $1,836,896 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,561,292 |
| 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, Sadie Jo Black Family Foundation has awarded $255,833 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Round Rock, TX PURPOSE: CHRISTIAN EDUCATION FOR CHILDREN RESIDING IN THE HOME. | $76,750 |
Waco, TX PURPOSE: TO INCREASE THE FOLLOWING ENDOWMENT FUNDS: W.D. BLACK JR. ENDOWED SCHOLARSHIP, MR.& MRS. W.D. BLACK SR. ENDOWED SCHOLARSHIP, MRS. W.D. BLACK JR. ENDOWED SCHOLARSHIP, SADIE JO BLACK ENDOWED GARDENS, SADIE JO BLACK ENDOWED SCHOLARSHIP FOR MEDICAL RESEARCH, AND ENDOWED RESEARCH SPEAKER FUND FOR MEDICAL RESEARCH | $63,958 |
Waco, TX PURPOSE: GENERAL FUND | $51,167 |
FIRST BAPTIST CHURCH OF TEAGUE TX PURPOSE: ONE-HALF TO THE PERMANENT ENDOWMENT WITH THE INCOME USED AS THE GOVERNING BODY DISCERNS. ONE-HALF TO THE SADIE JO BLACK FAMILY ENDOWMENT FUND TO PROVIDE SEMINARS | $51,166 |
FIRST BAPTIST CHURCH OF WACO PURPOSE: TELEVISION MINISTRY OR ALTERNATIVELY THE SENIOR ADULT MINISTRY OR MISSION MINISTRY. | $12,792 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |