Totals
- Total revenue
- $385,690
- Total expenses
- $336,396
- Contributions and grants received
- $256,818
- Grants paid
- $259,192
- Program service revenue
- $0
- Investment income
- $136,627
- Other revenue
- -$7,755
- Total assets, end of year
- $4,464,497
- Total liabilities, end of year
- $301,165
- Net assets or fund balances, end of year
- $4,163,332
- Program services expenses (Part IX)
- $260,963
- Management and general expenses
- $73,996
- Fundraising expenses
- $1,437
- Program service expenses (Part III)
- $260,963
Program services were 77.6% 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.
-
1c · Fundraising events
$680
-
1f · All other contributions, gifts and grants
$256,138
-
1g · Noncash contributions included above
$50,183
-
3 · Investment income
total $138,334 · excluded $138,334
-
7b · Less cost or other basis and sales expenses
securities $1,707
-
7c · Gain or loss
securities -$1,707
-
7d · Net gain or loss
total -$1,707 · excluded -$1,707
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$680
-
8b · Fundraising events: direct expenses
$7,755
-
8c · Net income from fundraising events
total -$7,755 · excluded -$7,755
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $253,205 · program services $253,205
-
2 · Grants to domestic individuals
total $5,987 · program services $5,987
-
7 · Other salaries and wages
total $27,431 · management and general $27,431
-
10 · Payroll taxes
total $2,098 · management and general $2,098
-
11b · Fees: legal
total $26 · management and general $26
-
11c · Fees: accounting
total $10,074 · management and general $10,074
-
11f · Fees: investment management
total $25,634 · management and general $25,634
-
11g · Fees: other
total $18 · management and general $18
-
13 · Office expenses
total $809 · fundraising $809
-
16 · Occupancy
total $3,840 · management and general $3,840
-
17 · Travel
total $1,143 · management and general $1,143
-
23 · Insurance
total $3,281 · program services $1,771 · management and general $1,510
-
24a · Other expenses: ADMINISTRATIVE & OTHER
total $2,102 · management and general $2,102
-
24b · Other expenses: OTHER FUNDRAISING EXPEN
total $628 · fundraising $628
-
24c · Other expenses: LICENSES AND TAXES
total $120 · management and general $120
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $139,174 · end of year $42,601
-
10a · Land, buildings and equipment: cost or other basis
$1,103
-
10b · Land, buildings and equipment: accumulated depreciation
$1,103
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,556,276 · end of year $2,904,336
-
15 · Other assets
beginning of year $1,282,817 · end of year $1,517,560
-
17 · Accounts payable and accrued expenses
beginning of year $2,169 · end of year $1,165
-
18 · Grants payable
end of year $300,000
-
27 · Net assets without donor restrictions
beginning of year $2,693,281 · end of year $2,645,772
-
28 · Net assets with donor restrictions
beginning of year $1,282,817 · end of year $1,517,560
Mission and programs · 2023
Mission
CULLEN CHILDREN'S FOUNDATION PROVIDES FINANCIAL RESOURCES TO ORGANIZATIONS THAT SUPPORT CHILDREN'S HEALTHCARE NEEDS WITH AN EMPHASIS ON CANCER.
Activities or mission (Part I)
TO PROVIDE FINANCIAL RESOURCES TO CHILDREN SUFFERING FROM CANCER OR WITH A DISABILITY.
-
THE FOUNDATION HELPED THE COMMUNITY BY GRANTING MONEY TO CHILDREN'S HEALTHCARE ORGANIZATIONS WITH AN EMPHASIS ON CANCER. THE FOUNDATION GRANTED MONEY TO RONALD MCDONALD HOUSE, MAKE A WISH FOUNDATION, HOPE, INC., OUTDOOR ADVENTURE FOUNDATION, KAMP KACE, HOUSE OF EVERYDAY LEARNING, AND LEND A HAND UP. A PORTION OF THE PROCEEDS RAISED WILL BE KEPT TO MAINTAIN AN ENDOWMENT FUND FOR THE FUTURE OF THE FOUNDATION.PROJECTGRACE IS AN INITIATIVE OF THE CULLEN CHILDREN'S FOUNDATION DESIGNED TO ASSIST LOCAL CHILDREN IN NEED OF DURABLE MEDICAL EQUIPMENT AND OTHER TANGIBLE DEVICES THAT ARE NOT COVERED BY INSURANCE. THE GOAL IS TO SPREAD GRACE TO KIDS WHO ARE SUFFERING FROM AN ILLNESS OR DISABILITY WHO NEED A LITTLE SOMETHING EXTRA.
Expenses $260,963 · Grants $259,192
As filed on the 2023 return.
Listed in Part VII
-
Bridget CullenBRIDGET CULLEN
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Matt CullenMATT CULLEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
Michele CarneyMICHELE CARNEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
Nola McNeallyNOLA MCNEALLY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
Terry CullenTERRY CULLEN
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dale LianDALE LIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jeff ReedJEFF REED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Julie KunkaJULIE KUNKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
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.
Grants on this return
-
$35,000
FUNDS USED TO GRANT THE WISHES OF CHILDREN WITH LIFE-THREATENING MEDICAL CONDITIONS TO ENRICH THE HUMAN EXPERIENCE WITH HOPE, STRENGTH AND JOY.
-
$30,000
TO SUPPORT YOUTH OF 18 AND UNDER WHO ARE STRUGGLING HEALTH BATTLES
-
$25,000
HUNTING AND FISHING ADVENTURES FOR CHILDREN UNDER THE AGE OF 18 AND YOUNG ADULTS UNDER THE AGE OF 25 WITH CANCER OR OTHER LIFE THREATENING ILLNESSES.
-
$25,000
FUNDS HOUSING OF FAMILIES WHO HAVE CHILDREN CURRENTLY RECEIVING CARE AT LOCAL HOSPITALS
-
$24,000
GENERAL SUPPORT
-
$16,200
TO FUND THE PURCHASE OF SPECIAL NEEDS BIKES
-
GENERAL SUPPORT
-
HOSPICE OF THE RED RIVER VALLEY
$10,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
-
$7,000
FUNDS THE COST OF EQUINE THERAPY FOR CHILDREN WHO ARE UNABLE TO COVER THE COST
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443139349301479
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.