David R & Karen Daniel Family Foundation
- Assets
- $492.8k
- Revenue
- $127.8k
- Investments
- $362.1k
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 83-4213991
Organization Overview
David R & Karen Daniel Family Foundation is located in Lafayette, LA. The organization was established in 2020. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David R & Karen Daniel 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, David R & Karen Daniel Family Foundation generated $127.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $55.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $65,003 |
| Interest on Savings | $5 |
| Dividends & Interest | $8,752 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,683 |
| Capital Gain Net Income | $53,683 |
| Net ST Capital Gain | $11,371 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $332 |
| Total Revenue | $127,775 |
| 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 | $1,349 |
| Total operating and administrative expenses | $2,754 |
| Contributions, gifts, grants paid | $52,955 |
| Total expenses and disbursements | $55,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $130,638 |
| 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 | $492,762 |
| 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, David R & Karen Daniel Family Foundation has awarded $52,955 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Lafayette, LA PURPOSE: PUBLIC UNIVERSITY | $50,000 |
ASBURY METHODIST CHURCH PURPOSE: RELIGIOUS | $1,605 |
FIRST UNITED METHODIST CHURCH PURPOSE: RELIGIOUS | $1,000 |
Lafayette, LA PURPOSE: EDUCATION | $250 |
ST PATRICK CATHOLIC CHURCH PURPOSE: RELIGIOUS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lift Inc Tupelo, MS | $308,777 | $4,064,003 |
Black Tie Dinner Inc Dallas, TX | $245,672 | $1,497,518 |
Texas Medical Association Foundation Austin, TX | $16,598,953 | $2,226,990 |
State Council Charities Austin, TX | $2,067,797 | $1,066,934 |
Better Business Bureau Of Metropolitan Houston Educational F Houston, TX | $1,320,064 | $600,627 |
River Oaks Foundation Inc Houston, TX | $1,077,805 | $586,308 |
Ifma Foundation Houston, TX | $1,376,827 | $594,549 |
Six Bridges Capital Corporation Little Rock, AR | $166,266 | $359,401 |
Rotary Club Of New Braunfels Foundation New Braunfels, TX | $243,912 | $368,541 |
Recognizegood The Foundation Austin, TX | $225,803 | $326,726 |
Del Rio Chamber Foundation Del Rio, TX | $5,103 | $0 |
Arkansas Independent Producers And Royalty Owners Association Inc Little Rock, AR | $370,547 | $208,976 |