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Nonprofiteer
← MARY E BIVINS FOUNDATION

Form 990 for tax year 2023

Filed by MARY E BIVINS FOUNDATION.

Totals

Total revenue
$7,827,167
Total expenses
$4,572,297
Contributions and grants received
$5,110,298
Grants paid
$2,719,227
Program service revenue
$0
Investment income
$2,715,438
Other revenue
$1,431
Total assets, end of year
$139,235,310
Total liabilities, end of year
$932,302
Net assets or fund balances, end of year
$138,303,008
Program services expenses (Part IX)
$3,089,214
Management and general expenses
$1,483,083
Fundraising expenses
$0
Program service expenses (Part III)
$3,089,214

Program services were 67.6% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,110,298

  • 3 · Investment income

    total $1,751,101 · excluded $1,751,101

  • 5 · Royalties

    total $1,431 · excluded $1,431

  • 7a · Gross sales of assets other than inventory

    securities $3,394,868

  • 7b · Less cost or other basis and sales expenses

    securities $2,430,531

  • 7c · Gain or loss

    securities $964,337

  • 7d · Net gain or loss

    total $964,337 · excluded $964,337

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,587,477 · program services $2,587,477

  • 2 · Grants to domestic individuals

    total $131,750 · program services $131,750

  • 5 · Compensation of officers, directors and key employees

    total $402,271 · program services $54,058 · management and general $348,213

  • 7 · Other salaries and wages

    total $262,345 · program services $124,823 · management and general $137,522

  • 8 · Pension plan contributions

    total $36,726 · program services $5,876 · management and general $30,850

  • 9 · Other employee benefits

    total $116,254 · program services $18,601 · management and general $97,653

  • 10 · Payroll taxes

    total $45,272 · program services $7,244 · management and general $38,028

  • 11b · Fees: legal

    total $6,868 · program services $1,099 · management and general $5,769

  • 11c · Fees: accounting

    total $49,000 · program services $7,840 · management and general $41,160

  • 11f · Fees: investment management

    total $333,806 · management and general $333,806

  • 11g · Fees: other

    total $858 · program services $137 · management and general $721

  • 12 · Advertising and promotion

    total $61,583 · program services $9,853 · management and general $51,730

  • 13 · Office expenses

    total $12,195 · program services $1,952 · management and general $10,243

  • 16 · Occupancy

    total $123,995 · program services $19,839 · management and general $104,156

  • 17 · Travel

    total $31,131 · program services $4,981 · management and general $26,150

  • 19 · Conferences, conventions and meetings

    total $28,429 · program services $4,548 · management and general $23,881

  • 22 · Depreciation, depletion and amortization

    total $77,168 · program services $12,347 · management and general $64,821

  • 23 · Insurance

    total $36,766 · program services $5,883 · management and general $30,883

  • 24a · Other expenses: PURCHASED SERVICES

    total $85,785 · program services $13,726 · management and general $72,059

  • 24b · Other expenses: MINERAL/AD VALOREM TAX

    total $38,541 · program services $6,167 · management and general $32,374

  • 24c · Other expenses: BIVINS VILLAGE MARKET INV

    total $37,954 · program services $37,954

  • 24d · Other expenses: IMPACT PROJECTS

    total $27,624 · program services $27,624

  • 24e · All other expenses

    total $38,499 · program services $5,435 · management and general $33,064

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,870,412 · end of year $3,952,007

  • 4 · Accounts receivable

    beginning of year $2,141,661 · end of year $2,782,674

  • 9 · Prepaid expenses and deferred charges

    beginning of year $77,524 · end of year $95,821

  • 10a · Land, buildings and equipment: cost or other basis

    $3,002,058

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,130,985

  • 10c · Land, buildings and equipment, net

    beginning of year $2,142,330 · end of year $1,871,073

  • 11 · Investments: publicly traded securities

    beginning of year $37,436,546 · end of year $44,967,550

  • 12 · Investments: other securities

    beginning of year $64,651,438 · end of year $85,563,241

  • 15 · Other assets

    beginning of year $2,602 · end of year $2,944

  • 17 · Accounts payable and accrued expenses

    beginning of year $204,992 · end of year $932,302

  • 27 · Net assets without donor restrictions

    beginning of year $109,117,521 · end of year $138,303,008

Mission and programs · 2023

Mission

THE MARY E. BIVINS FOUNDATION, A TEXAS NON-PROFIT CORPORATION, WAS FORMED IN 1949. THE PURPOSES / MISSION FOR WHICH THE CORPORATION WAS FORMED ARE: (A) TO OPERATE FOR THE BENEFIT OF NURSING HOMES ESTABLISHED FOR WORTHY, AGED, AND NEEDY PERSONS. (B) TO OPERATE FOR THE BENEFIT OF NURSING HOMES ESTABLISHED FOR WORTHY, AGED, AND NEEDY PERSONS SUFFERING FROM ALZHEIMERS DISEASE. (C) TO OPERATE FOR THE BENEFIT OF WORTHY RELIGIOUS UNDERTAKINGS, INCLUDING THE EDUCATION OF MINISTERS TO PREACH THE CHRISTIAN RELIGION. (D) TO OPERATE FOR THE BENEFIT OF WORTHY CHARITABLE ORGANIZATIONS OR UNDERTAKINGS WHICH SERVE WORTHY, AGED, OR NEEDY PERSONS. (E) TO BE ORGANIZED AND OPERATED IN A MANNER TO SUPPORT OR BENEFIT ONE OR MORE SPECIFIED PUBLICLY SUPPORTED ORGANIZATIONS PURSUANT TO SECTION 1.509(A)-4(D) OF THE TREASURY REGULATIONS. (F) TO BE ORGANIZED AND OPERATED IN A MANNER TO EXCLUSIVELY SUPPORT RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. (G

  • THE MARY E. BIVINS FOUNDATION HAS A PRIMARY PURPOSE OF SUPPORTING THE LEE BIVINS FOUNDATION, BETTY BIVINS CHILDERS FOUNDATION, BIVINS VILLAGE, AND BIVINS VILLAGE II IN ORDER TO PROVIDE HOUSING, AS WELL AS PROGRAMS & SERVICES, SO THAT ELDERLY CITIZENS CAN CONTINUE TO LIVE FULFULLING & DIGNIFIED LIVES.

    Expenses $54,058

  • PROVIDE COMMUNITY & REGIONAL FUNDING FOR CHARITABLE PURPOSES WHICH ADDRESS THE NON-RECURRING NEEDS OF QUALIFIED NON-PROFIT ORGANIZATIONS COMMITTED TO IMPROVING & ENRICHING THE QUALITY OF LIFE IN THE 26 COUNTIES OF THE TEXAS PANHANDLE. PREFERENCE IS GIVEN TO PURPOSES THAT ASSIST IN FURTHERING THE FOUNDATION'S PRIMARY PHILANTHROPIC OBJECTIVE TO ELDERCARE.

    Expenses $2,903,406 · Grants $2,587,477

  • PROVIDES FUNDS TO ASSIST WORTHY CHRISTIAN RELIGIOUS UNDERTAKINGS THAT ADDRESS CRITICAL COMMUNITY NEEDS TO EDUCATE MINISTERS TO PREACH THE CHRISTIAN RELIGION. SCHOLARSHIPS ARE CURRENTLY RESTRICTED TO UPPER-CLASSMEN SEEKING AN UNDERGRADUATE OR GRADUATE EDUCATION LEADING TO A BACHELORS, MASTERS, DOCTORATE IN A FIELD THAT PREPARES THE STUDENT TO PREACH THE CHRISTIAN RELIGION.

    Expenses $131,750 · Grants $131,750

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Katharyn Wiegand

    PRESIDENT

    Total calculated
    $271,482
    From this org
    $218,984
    From related orgs
    $0
    Other
    $52,498
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $218,984
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,613
    Nontaxable benefits
    $38,885
    Filer's total
    $271,482

  • Paul Sneed

    CHIEF FIN OF

    Total calculated
    $213,614
    From this org
    $169,494
    From related orgs
    $0
    Other
    $44,120
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $169,494
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,504
    Nontaxable benefits
    $33,616
    Filer's total
    $213,614

  • Steve Urban

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Mark Bivins

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Puff Niegos

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Dr Bud Joyner

    PAST BOARD C

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Julie Attebury

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Julie Bivins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Barbie Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Paul Matney PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Kevin Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

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

Answered yes

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
5 August 2025
IRS schema version
2023v6.0
Source object
202522249349302407

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

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