Argent Foundation

Organization Overview

Argent Foundation is located in Ruston, LA. According to its NTEE Classification (T31) the organization is classified as: Community 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. Argent 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, Argent Foundation generated $618.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $178.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ARGENT FOUNDATION (THE "FOUNDATION") IS A TEXAS NONPROFIT CORPORATION FOCUSED ON AIDING CHARITABLE ORGANIZATIONS TO RAISE THE FUNDS NECESSARY TO CONDUCT AND SCALE WORK THAT IS CRUCIAL IN ADDRESSING SOCIAL AND ENVIRONMENTAL CHALLENGES AND PROMOTING THE WELFARE OF SOCIETY. THE FOUNDATION SUPPORTS EFFECTIVE PHILANTHROPY AND GRANTMAKING BY EMPOWERING DONORS TO PURSUE PHILANTHROPIC GOALS AND EMPOWERING CHARITIES TO STRENGTHEN THEIR FINANCIAL RESILIENCE BY PROVIDING GRANTS AND EDUCATION PROGRAMMING TO CHARITIES AND POTENTIAL DONORS REGARDING FUNDRAISING, EFFECTIVE GRANT- MAKING AND PHILANTHROPIC INVESTMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


N/A


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kelly Hogan
Board Member
$0
Blair Hull
President
$0
Lucius Mcgehee
Board Member
$0
Cynthia Woodard
Board Member
$0

Financial Statements

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$630,307
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$630,307
Total Program Service Revenue$5,150
Investment income $8,566
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$25,567
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $618,456

Grants Awarded

Over the last fiscal year, Argent Foundation has awarded $63,667 in support to 5 organizations.

Grant RecipientAmount

LOUISIANA TECH UNIVERSITY FOUNDATIO

PURPOSE: LTAC

$10,000

UNITED WAY OF NORTHEAST LOUISIANA

PURPOSE: ANNUAL CONTRIBITION

$14,000

CRUCAMPUS CRUSADE FOR CHRIST

PURPOSE: ED AND KARI MAGGARD

$10,000

LOUISIANA TECH UNIVERSITY FOUNDATIO

PURPOSE: COB TEACHING INNOVAT

$23,000

UNITED WAY OF ANCHORAGE

PURPOSE: AREA OF GREATEST NEE

$6,667
View Grant Profile

Peer Organizations

Organization NameAssets
Dallas Foundation A Tx Nonprofit Corporation
Dallas, TX
$149,681,480
Arkansas Community Foundation Inc
Little Rock, AR
$94,928,038
San Antonio Area Foundation
San Antonio, TX
$68,911,493
Austin Community Foundation
Austin, TX
$88,798,773
Baton Rouge Area Foundation
Baton Rouge, LA
$54,623,777
The Greater New Orleans Foundation
New Orleans, LA
$52,417,713
Community Foundation Of North Texas
Fort Worth, TX
$72,575,782
Astros Golf Foundation
Houston, TX
$28,837,644
Permian Basin Area Foundation
Midland, TX
$41,134,480
Dallas Jewish Community Foundation
Dallas, TX
$48,077,192
El Paso Community Foundation
El Paso, TX
$22,273,474
Houston Jewish Community Foundation
Houston, TX
$32,520,347
Community Foundation Of Acadiana
Lafayette, LA
$22,874,469
Community Foundation Of Abilene
Abilene, TX
$40,559,088
Create Foundation Inc
Tupelo, MS
$17,703,695
East Texas Communties Foundation Inc
Tyler, TX
$14,270,368
Community Foundation For Mississippi
Jackson, MS
$12,986,215
Coastal Bend Community Foundation
Corpus Christi, TX
$18,483,344
Community Foundation Of North Louisiana
Shreveport, LA
$19,128,968
The Community Foundation Of The Texas Hill Country Inc
Kerrville, TX
$7,861,168
Waco Foundation
Waco, TX
$8,908,496
Wichita Falls Area Community Foundation
Wichita Falls, TX
$8,784,375
Community Foundation Of Northwest Mississippi Inc
Hernando, MS
$8,149,861
Gulf Coast Community Foundation Inc
Gulfport, MS
$2,022,289
Excellerate Foundation
Rogers, AR
$6,523,534

Create an account to unlock the data you need.

or