Finis Heidel Trust
- Assets
- $0.0
- Revenue
- $7.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 05/1997
- Data as of
- 12/2020
- EIN
- 85-6117343
Organization Overview
Finis Heidel Trust is located in Lubbock, TX. The organization was established in 1997. 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.
For the year ending 12/2020, Finis Heidel Trust generated $7.2k 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 (28.7%) each year. All expenses for the organization totaled $45.1k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Finis Heidel Trust has awarded 202 individual grants totaling $399,250. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Holder Trustee | 10 | $0 | |
Latricia Thomason Trustee | 5 | $0 | |
Gene Samberson Trustee | 5 | $0 | |
Vikki Arnwine Trustee | 15 | $13,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,090 |
| Dividends & Interest | $5,958 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $103 |
| Capital Gain Net Income | $103 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $95 |
| Total Revenue | $7,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,842 |
| Contributions, gifts, grants paid | $26,250 |
| Total expenses and disbursements | $45,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Finis Heidel Trust has awarded $26,250 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
DANIELLE SALCIDO PURPOSE: SCHOLARSHIP | $1,250 |
AMANDA ROTUNNO PURPOSE: SCHOLARSHIP | $1,250 |
ERIN HINES PURPOSE: SCHOLARSHIP | $1,000 |
EVAN POINTER PURPOSE: SCHOLARSHIP | $1,250 |
EMMA HICKS PURPOSE: SCHOLARSHIP | $1,000 |
GRIDAISY RASCON PURPOSE: SCHOLARSHIP | $1,250 |