Form 990 for tax year 2022

Totals

Total revenue

$4,684,575

Total expenses

$8,809,046

Contributions and grants received

$39,694

Grants paid

$7,265,796

Program service revenue

$0

Investment income

$4,647,527

Other revenue

-$2,646

Total assets, end of year

$113,437,548

Total liabilities, end of year

$4,381,106

Net assets or fund balances, end of year

$109,056,442

Program services expenses (Part IX)

$8,809,046

Management and general expenses

$0

Fundraising expenses

$0

Program service expenses (Part III)

$8,809,046

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• MEETING CHARITABLE NEEDS THROUGH DISCRETIONARY GRANTS TO 501(C)(3) NONPROFIT ORGANIZATIONS LOCATED THROUGHOUT THE TEXAS PANHANDLE.

  Expenses $8,509,046 · Grants $6,965,796

• DISTRIBUTION OF 24.55% OF NET INCOME TO 15 DESIGNATED 501(C)(3) NONPROFIT ORGANIZATIONS.

  Expenses $300,000 · Grants $300,000

As filed on the 2022 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• DECOURSEY PROPERTIES

  $4,287,894

  CAPITAL SUPPORT

• AMARILLO AREA FOUNDATION INC

  $830,644

  GENERAL SUPPORT

• MEADOWS MENTAL HEALTH POLICY INSTITUTE

  $475,000

  PROGRAM SUPPORT

• HEAL THE CITY FREE CLINIC

  $250,358

  PROGRAM SUPPORT

• PANHANDLE CHILDREN'S FOUNDATION

  $200,000

  GENERAL SUPPORT

• DON HARRINGTON DISCOVERY CENTER

  $183,527

  GENERAL SUPPORT

• DUMAS EDUCATION AND SOCIAL MINISTRIES

  $150,000

  CAPITAL SUPPORT

• CATHOLIC CHARITIES OF THE TEXAS PANHANDLE

  $150,000

  PROGRAM SUPPORT

• UNITED WAY OF AMARILLO & CANYON

  $131,163

  GENERAL SUPPORT

• AMARILLO WESLEY COMMUNITY CENTER

  $100,000

  CAPITAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• AMARILLO AREA FOUNDATION INC

  501C3 · COMMUNITY · TX

• CITADELLE ART FOUNDATION

  501C3 · ART MUSEUM · TX

• AAF COMMUNITY HEALTH FOUNDATION

  501C3 · HEALTH CARE · TX

• DECOURSEY PROPERTIES

  501C3 · REAL ESTATE PROPERTY · TX

Provenance

Return type

form_990

Tax year

2022

Filed

2 November 2023

IRS schema version

2022v5.0

Source object

202323149349303752

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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