Aileen And Jack Pratt Foundation
- Assets
- $783.7k
- Revenue
- $125.6k
- Investments
- $756.5k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2003
- Data as of
- 09/2023
- EIN
- 82-0576238
Organization Overview
Aileen And Jack Pratt Foundation is located in Dallas, TX. The organization was established in 2003. 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. Aileen And Jack Pratt 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 09/2023, Aileen And Jack Pratt Foundation generated $125.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $328.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aileen And Jack Pratt Foundation has awarded 375 individual grants totaling $2,705,285. 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 |
|---|---|---|---|
Jack E Pratt Sr Dir,pres. | 3 | $0 | |
Aileen Pratt Dir, Sec/treas | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,485 |
| Capital Gain Net Income | $108,485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $438 |
| Total Revenue | $125,634 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $498 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76 |
| Total operating and administrative expenses | $12,848 |
| Contributions, gifts, grants paid | $315,350 |
| Total expenses and disbursements | $328,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,520 |
| Savings and temporary cash investments | $21,724 |
| 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 | $540,119 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $783,713 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $10,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,000 |
Grants Awarded
Over the last fiscal year, Aileen And Jack Pratt Foundation has awarded $315,350 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL ALL-STARS PURPOSE: GENERAL BUDGET | $1,000 |
BAYLOR ORAL HEALTH FOUNDATION PURPOSE: GENERAL BUDGET | $3,125 |
THE AGAPE CLINIC PURPOSE: GENERAL BUDGET | $3,125 |
BAYLOR SCOTT & WHITE DALLAS FDN PURPOSE: MEDICAL RESEARCH & TREATMENT | $50,000 |
BISHOP'S ANNUAL APPEAL PURPOSE: GENERAL BUDGET | $5,000 |
BEHIND EVERY DOOR PURPOSE: SCHOLARSHIP FUNDS | $3,125 |