Thomas Nelson Abdella Md Foundation
- Assets
- $33.9m
- Revenue
- $4.5m
- Investments
- $32.9m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- Data as of
- 12/2023
- EIN
- 85-0953840
Organization Overview
Thomas Nelson Abdella Md Foundation is located in Las Vegas, NV. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Thomas Nelson Abdella MD 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 12/2023, Thomas Nelson Abdella MD Foundation generated $4.5m in total revenue. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 69.7% per year over the past 4 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 2023, Thomas Nelson Abdella MD Foundation has awarded 83 individual grants totaling $1,836,442. 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
PROVIDE FOOD, SHELTER, EDUCATION, CULTURAL AWARENESS AND HEALTHCARE NEEDS FOR THE UNDERPRIVILEGED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Baker Director | 1 | $0 | |
Joan Burtner Treasurer | 1 | $0 | |
David Jackson President & CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $162,930 |
| Dividends & Interest | $434,318 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,924,896 |
| Capital Gain Net Income | $3,962,261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,522,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $36,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,588 |
| Depreciation | $0 |
| Occupancy | $2,533 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $132,158 |
| Total operating and administrative expenses | $186,704 |
| Contributions, gifts, grants paid | $1,836,442 |
| Total expenses and disbursements | $2,023,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $947,775 |
| 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 | $780,341 |
| Investments—other | $2,364,319 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,871,921 |
| 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 | $532 |
| Total liabilities | $532 |
Grants Awarded
Over the last fiscal year, Thomas Nelson Abdella Md Foundation has awarded $1,836,442 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
A NEW LEAF PURPOSE: ENDING HOMELESSNESS AND DOMESTIC VIOLENCE. | $25,000 |
ABILITY360 PURPOSE: PROVIDE ASSISTANCE & CARE ATTENDANTS TO PEOPLE WITH DISABILITIES. | $25,000 |
ADAMS PLACE PURPOSE: SUPPORT CHILDREN, TEENS, AND FAMILIES EXPERIENCING LOSS. | $7,500 |
GENERAL CONTRIBUTIONS PURPOSE: ASSIST WITH INDIGENT PERSONS. | $189,189 |
100 CLUB OF ARIZONA PURPOSE: SUPPORTING PUBLIC SAFETY. | $25,000 |
ANGELS ON PATROL INC PURPOSE: YOUTH ENRICHMENT PROGRAMS AND POLICE OFFICER SUPPORT. | $25,000 |