NonprofitsFort Worth Art Association Endowment Foundation

Arts, Culture & Humanities

Fort Worth Art Association Endowment Foundation

FORT WORTH, TX

Total revenue

$5.4M

Total expenses

$7.6M

Net assets

$195.1M

Grants received

$29.8M

6 grants

EIN

454746777

Tax year

2023

Mission

To operate exclusively for the benefit of the fort worth art association, a sec. 501(c)(3) organization. The foundation is responsible for the administration of the long term investments held for the benefit of the association and its affiliates.

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$4.3M
Other revenue$4K
Total revenue$5.4M

Expenses

Grants paid$6.1M
Salaries & benefits
Fundraising
Other expenses$1.6M
Total expenses$7.6M
Total assets$198.5M
Net assets$195.1M

People

3 listed

NameRoleCompensation

ARDON MOORE

PRESIDENT/TRUSTEE

Board

0.5 hrs/wk

AMAR TANNA

VICE PRESIDENT/TRUSTEE

Board

0.5 hrs/wk

RAFA GARZA

TREASURER/TRUSTEE

Board

0.5 hrs/wk

Independent contractors

SCULPTOR OVERSEAS FUND II LTD

INVESTMENT SERVICES

$539K

FARALLON CAPITAL OFFSHORE INVESTORS INC

INVESTMENT SERVICES

$425K

JPMORGAN

INVESTMENT SERVICES

$389K

THIRD POINT MANAGEMENT

INVESTMENT SERVICES

$115K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$959K
GENERAL SUPPORT
2023
$24.3M
GENERAL SUPPORT
2022
$3.0M
GENERAL OPERATIONS
2020
$1M
ESTABLISH ENDOWMENT FUND FOR THE MODERN ART MUSEUM WHICH WILL SUPPORT MUSEUM EXHIBITIONS
2020
$128K
GENERAL OPERATIONS
2019
$420K
GENERAL OPERATIONS
2017

Funded by

$29.8M from 3 funders · 6 grants · 2017–2023

Burnett Foundation

$25.2M · 2 grants · 2022–2023

Fort Worth Art Association

$3.6M · 3 grants · 2017–2020

Lee and Ramona Bass Foundation

$1M · 1 grant · 2020

Details

EIN454746777
NTEE codeA11
Subsection03
Ruling date2013-01
Formed2012
Employees0
Volunteers0
FORT WORTH ART ASSOCIATION ENDOWMENT FOUNDATION — Mission, Financials & Grants Received | Grantivo