2cor89 Foundation
- Assets
- $3.6m
- Revenue
- $107.9k
- Investments
- $3.5m
- Employees
- 0
- Location
- Westlake, TX
- Founding
- Data as of
- 12/2022
- EIN
- 87-3987174
Organization Overview
2cor89 Foundation is located in Westlake, TX. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. 2cor89 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, 2cor89 Foundation generated $107.9k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Murray Director | 1 | $0 | |
Karen Murray Director, President | 1 | $0 | |
Dylan Murray Director, Vice President | 1 | $0 | |
Alec Murray Director, Treasurer | 1 | $0 | |
Emma Murray Director, Secretary | 1 | $0 | |
Kendall Murray Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,169 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,436 |
| Total operating and administrative expenses | $9,066 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $13,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $73,332 |
| 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 | $8,384 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $41 |
| Total assets | $3,601,871 |
| 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, 2cor89 Foundation has awarded $8,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE HAVEN RANCH PURPOSE: PROVIDE SUPPORTIVE COMMUNITY, DISCIPLESHIP, AND FARM THERAPY | $2,000 |
LAUNCH GLOBAL PURPOSE: MAKING DISCIPLES, DEVELOPING LEADERS, OR PLANTING CHURCHES | $2,000 |
BLUE HAVEN RANCH PURPOSE: PROVIDE SUPPORTIVE COMMUNITY, DISCIPLESHIP, AND FARM THERAPY | $2,000 |
LAUNCH GLOBAL PURPOSE: MAKING DISCIPLES, DEVELOPING LEADERS, OR PLANTING CHURCHES | $2,000 |