Diamond Bar Fund is located in San Antonio, TX. According to its NTEE Classification (K11) the organization is classified as: Single Organization Support, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diamond Bar Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE DIAMOND BAR FUND IS ORGANIZED EXCLUSIVELY TO SUPPORT THE EAST FOUNDATION.
Describe the Organization's Program Activity:
THE DIAMOND BAR FUND HOLDS AND MANAGES INVESTMENT ASSETS THAT WILL BE USED FOR THE BENEFIT OF AND IN FURTHERANCE OF THE EXEMPT PURPOSES OF EAST FOUNDATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard W Evans Jr Director | Trustee | 2 | $0 |
Dan Kinsel III Director | Trustee | 2 | $0 |
Stephen J Kleberg Director | Trustee | 2 | $0 |
Bryan Wagner Director | Trustee | 2 | $0 |
Robert Neal Wilkins President & CEO | Officer | 1 | $0 |
Veronica L Paredez Dir Of Investments, Sec, Treas | Officer | 35 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $1,275,382 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $798,552 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,576,923 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,130,407 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,608 |
Compensation of current officers, directors, key employees. | $75,608 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $112,778 |
Pension plan accruals and contributions | $7,062 |
Other employee benefits | $9,432 |
Payroll taxes | $9,713 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,864,667 |
Fees for services: Other | $12,335 |
Advertising and promotion | $0 |
Office expenses | $1,566 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $134,159 |
Travel | $5,025 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $100 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,435 |
Total functional expenses | $12,364,287 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $565,664 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $13,853,401 |
Investments—other securities | $222,778,164 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $197,397 |
Total assets | $237,394,626 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $237,394,626 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $237,394,626 |