Jack Webster Grigsby Foundation
- Assets
- $5.3m
- Revenue
- $510.7k
- Investments
- $5.0m
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 83-6050857
Organization Overview
Jack Webster Grigsby Foundation is located in Shreveport, LA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public 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 Webster Grigsby 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 12/2022, Jack Webster Grigsby Foundation generated $510.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $365.0k during the year ending 12/2022. While expenses have increased by 2.5% 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 2020, Jack Webster Grigsby Foundation has awarded 159 individual grants totaling $1,656,100. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $261,000 |
| Interest on Savings | $1,980 |
| Dividends & Interest | $324,694 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$76,983 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $510,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,092 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $7,942 |
| Contributions, gifts, grants paid | $357,100 |
| Total expenses and disbursements | $365,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,395 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,240 |
| 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 | $3,900 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,272,834 |
| 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 Webster Grigsby Foundation has awarded $357,100 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: UNRESTRICTED | $50,000 |
Shreveport, LA PURPOSE: UNRESTRICTED | $15,000 |
FOODBANK OF NORTHWEST LOUISIANA PURPOSE: UNRESTRICTED | $15,000 |
Cincinnati, OH PURPOSE: UNRESTRICTED | $15,000 |
Franklin, TN PURPOSE: UNRESTRICTED | $15,000 |
Houston, TX PURPOSE: UNRESTRICTED | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |