Srb Charitable Corporation
- Assets
- $69.6m
- Revenue
- $2.5m
- Investments
- $46.9m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 82-0720705
Organization Overview
Srb Charitable Corporation is located in Fort Worth, TX. The organization was established in 2017. 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. Srb Charitable Corporation 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, Srb Charitable Corporation generated $2.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $8.1m during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Srb Charitable Corporation has awarded 46 individual grants totaling $42,762,300. 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 |
|---|---|---|---|
Sid R Bass President, Director | 0 | $0 | |
Gary W Reese Vp, Treasurer | 0 | $0 | |
Thomas W White Vp, Secretary, Director | 0 | $0 | |
Suzanne Hale Vp, Asst Treasurer, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $377,719 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,117,539 |
| Capital Gain Net Income | $2,117,539 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,495,258 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,513 |
| Taxes | $34,622 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,246 |
| Total operating and administrative expenses | $39,381 |
| Contributions, gifts, grants paid | $8,030,000 |
| Total expenses and disbursements | $8,069,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,148,766 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $509,060 |
| 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 | $83 |
| Total assets | $69,560,544 |
| 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, Srb Charitable Corporation has awarded $8,030,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BAYLOR COLLEGE OF MEDICINE PURPOSE: GENERAL | $1,000,000 |
SID RICHARDSON MEMORIAL FUND PURPOSE: GENERAL | $400,000 |
PLANNED PARENTHOOD OF GREATER TEXAS PURPOSE: GENERAL | $50,000 |
CHARTER SCHOOL GROWTH FUND PURPOSE: GENERAL | $5,000,000 |
TARRANT AREA FOOD BANK PURPOSE: GENERAL | $20,000 |
SUCCESS ACADEMY CHARTER SCHOOLS PURPOSE: GENERAL | $1,000,000 |