Jack Jr And Nance Foules Wier Endowment
- Assets
- $7.9m
- Revenue
- $226.5k
- Investments
- $7.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 81-5395657
Organization Overview
Jack Jr And Nance Foules Wier Endowment is located in Houston, TX. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jack Jr And Nance Foules Wier Endowment 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, Jack Jr And Nance Foules Wier Endowment generated $226.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (44.9%) each year. All expenses for the organization totaled $487.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Jack Jr And Nance Foules Wier Endowment has awarded 85 individual grants totaling $1,870,581. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT TO PUBLIC CHARITIES
PROVIDE SUPPORT TO RELIGIOUS ORGANIZATIONS
PROVIDE SUPPORT TO EDUCATIONAL INSTITUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Faust Trustee | 2 | $54,000 | |
Barbara F Shepherd Trustee | 1 | $36,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $126 |
| Dividends & Interest | $232,240 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,889 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $226,477 |
| 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 | $19,788 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $195 |
| Total operating and administrative expenses | $141,959 |
| Contributions, gifts, grants paid | $345,281 |
| Total expenses and disbursements | $487,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $603,138 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,920,978 |
| 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, Jack Jr And Nance Foules Wier Endowment has awarded $345,281 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION AGAINIST HUNGER USA PURPOSE: SUPPORT TO PUBLIC CHARITIES | $15,000 |
CAMP ALLEN PURPOSE: SUPPORT TO PUBLIC CHARITIES | $25,100 |
CHRIST CATHEDRAL EPISCOPAL CHURCH PURPOSE: SUPPORT TO RELIGIOUS ORGANIZATIONS | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: SUPPORT TO PUBLIC CHARITIES | $20,000 |
HOUSTON AREA WOMEN'S CENTER PURPOSE: SUPPORT TO PUBLIC CHARITIES | $15,000 |
MAKE A WISH TEXAS GULF COAST PURPOSE: SUPPORT TO PUBLIC CHARITIES | $20,000 |