Fuchs Family Charitable Foundation Inc
- Assets
- $963.5k
- Revenue
- $32.9k
- Investments
- $961.8k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-2662867
Organization Overview
Fuchs Family Charitable Foundation Inc is located in Dallas, TX. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Fuchs Family Charitable Foundation Inc 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 12/2023, Fuchs Family Charitable Foundation Inc generated $32.9k 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 (45.8%) each year. All expenses for the organization totaled $116.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fuchs Family Charitable Foundation Inc has awarded 45 individual grants totaling $630,049. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard A Fuchs Director | 3 | $0 | |
Jean M Fuchs Director | 1 | $0 | |
Samuel R Fuchs Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $889 |
| Dividends & Interest | $25,091 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,960 |
| Capital Gain Net Income | $6,960 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,940 |
| 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 | $518 |
| Total operating and administrative expenses | $6,770 |
| Contributions, gifts, grants paid | $109,761 |
| Total expenses and disbursements | $116,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,749 |
| Savings and temporary cash investments | $0 |
| 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 | $961,758 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $963,507 |
| 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, Fuchs Family Charitable Foundation Inc has awarded $109,761 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF BOSTON COLLEGE PURPOSE: 2023 FUNDING OF FUCHS FAMILY CARROLL SCHOOL OF BUSINESS ENDOWED SCHOLARSHIP | $40,000 |
TRUSTEES OF BOSTON COLLEGE PURPOSE: CONTRIBUTION TO CAMPUS SCHOOL FOR SPECIAL NEEDS STUDENTS AT BOSTON COLLEGE | $1,000 |
THE BROTHERS TRUST USA INC PURPOSE: CONTRIBUTION | $35,000 |
AMERICAN HEART ASSOCIATION PURPOSE: CONTRIBUTIONS | $550 |
PENN NEWMAN CTR ST AGATHA-ST JAMES PURPOSE: CONTRIBUTION | $250 |
CATHOLIC CHARITIES OF DALLAS INC PURPOSE: CONTRIBUTIONS | $30,000 |