George William Patton & Mary Patton Foundation Trust B
- Assets
- $13.1m
- Revenue
- $2.0m
- Investments
- $12.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 95-3382952
Organization Overview
George William Patton & Mary Patton Foundation Trust B is located in Dallas, TX. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George William Patton & Mary Patton Foundation Trust B 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 12/2021, George William Patton & Mary Patton Foundation Trust B generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $785.8k during the year ending 12/2021. While expenses have increased by 1.3% 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 2019, George William Patton & Mary Patton Foundation Trust B has awarded 23 individual grants totaling $1,887,075. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $271,505 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,674,356 |
| Capital Gain Net Income | $1,674,356 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,272 |
| Total Revenue | $1,965,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $123,849 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,965 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,244 |
| Total operating and administrative expenses | $155,233 |
| Contributions, gifts, grants paid | $630,540 |
| Total expenses and disbursements | $785,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $429,186 |
| 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 | $13,113,675 |
| 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, George William Patton & Mary Patton Foundation Trust B has awarded $630,540 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BEXLEY SEABURY SEMINARY PURPOSE: UNRESTRICTED GENERAL | $125,508 |
BOYS' REPUBLIC OF CHINO PURPOSE: UNRESTRICTED GENERAL | $125,508 |
MINNESOTA PEO HOME FUND PURPOSE: UNRESTRICTED GENERAL | $125,508 |
LOS ANGELES ORPHANAGE MARYVALE PURPOSE: UNRESTRICTED GENERAL | $125,508 |
Pasadena, CA PURPOSE: UNRESTRICTED GENERAL | $125,508 |
LAKE CITY MUNICIPAL GOVERNMENT PURPOSE: PATTON MEMORIAL PARK | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Texas Rehab Tr Wichita Falls, TX | $0 | $190,992 |
Oldham Little Church Foundation Houston, TX | $30,137,970 | $4,323,104 |
Susan Vaughan Foundation Inc Houston, TX | $23,902,558 | $2,793,017 |
Philanthropy Southwest Dallas, TX | $1,640,752 | $1,479,190 |
George William Patton & Mary Patton Foundation Trust B Dallas, TX | $13,113,675 | $1,965,133 |
Marketplace Ministries Foundation Plano, TX | $11,873,944 | $1,668,158 |
Paris Legacy Foundation Inc Paris, TX | $7,749,974 | $897,931 |
Fund For Change Santa Fe, NM | $531,456 | $472,266 |
Heart Trust Wichita Falls, TX | $4,914,220 | $475,077 |
Cancer Trust Wichita Falls, TX | $4,914,220 | $475,077 |
Boys Ranch Tr Wichita Falls, TX | $4,914,220 | $475,077 |
North Arkansas Medical Foundation Harrison, AR | $1,182,854 | $844,656 |