Mr & Mrs Gus Blass Foundation
- Assets
- $1.1m
- Revenue
- $59.5k
- Investments
- $981.5k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-6235993
Organization Overview
Mr & Mrs Gus Blass Foundation is located in Little Rock, AR. The organization was established in 2016. 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. Mr & Mrs Gus Blass 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, Mr & Mrs Gus Blass Foundation generated $59.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $94.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mr & Mrs Gus Blass Foundation has awarded 113 individual grants totaling $284,225. 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 |
|---|---|---|---|
Patricia B Blass Trustee | 1 | $0 | |
Constance B O'neill Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $16,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,153 |
| Capital Gain Net Income | $43,153 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,475 |
| Total operating and administrative expenses | $9,705 |
| Contributions, gifts, grants paid | $84,825 |
| Total expenses and disbursements | $94,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $107,860 |
| 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 | $1,089,398 |
| 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, Mr & Mrs Gus Blass Foundation has awarded $84,825 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: UNDESIGNATED | $41,000 |
UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER PURPOSE: UNDESIGNATED | $10,500 |
JR LEAGUE OF DALLAS PURPOSE: UNDESIGNATED | $6,950 |
Dallas, TX PURPOSE: UNDESIGNATED | $6,500 |
Dallas, TX PURPOSE: UNDESIGNATED | $3,200 |
CHILDREN'S MEDICAL CENTER FOUNDATION PURPOSE: UNDESIGNATED | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |