NonprofitsMary E Bivins Foundation

Housing & Shelter

Mary E Bivins Foundation

AMARILLO, TX

Total revenue

$7.8M

Total expenses

$4.6M

Net assets

$138.3M

Grants received

$25.5M

8 grants

EIN

750842370

Tax year

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

Programs

2 programs

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: $2.9MGrants: $2.6M

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: $132KGrants: $132K

Financials

FY 2023

Revenue

Contributions & grants$5.1M
Program service revenue
Investment income$2.7M
Other revenue$1K
Total revenue$7.8M

Expenses

Grants paid$2.7M
Salaries & benefits$863K
Fundraising
Other expenses$990K
Total expenses$4.6M
Total assets$139.2M
Net assets$138.3M

People

11 listed

NameRoleCompensation

KATHARYN WIEGAND

PRESIDENT

Board

$219K

5 hrs/wk

PAUL SNEED

CHIEF FIN OF

Board

$169K

5 hrs/wk

STEVE URBAN

CHAIRMAN

Board

0.5 hrs/wk

MARK BIVINS

VICE CHAIRMA

Board

0.5 hrs/wk

PUFF NIEGOS

SECRETARY

Board

0.5 hrs/wk

DR BUD JOYNER

PAST BOARD C

Board

0.5 hrs/wk

JULIE ATTEBURY

DIRECTOR

Board

0.5 hrs/wk

JULIE BIVINS

DIRECTOR

Board

0.5 hrs/wk

BARBIE JONES

DIRECTOR

Board

0.5 hrs/wk

PAUL MATNEY PHD

DIRECTOR

Board

0.5 hrs/wk

KEVIN MITCHELL

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

ANGELES INVESTMENT ADVISOR

INVESTMENT FEES

$213K

AMARILLO NATIONAL BANK

INVESTMENT FEES

$121K

Grants received

Showing 8 of 8

FromAmountPurposeYear
$5.1M
RELIGIOUS, CHARITABLE OR EDUCATIONAL
2023
$6.3M
RELIGIOUS, CHARITABLE OR EDUCATIONAL
2022
$10K
PROGRAM SUPPORT
2022
$3.7M
RELIGIOUS, CHARITABLE OR EDUCATIONAL
2021
$500
GENERAL PURPOSES
2021
$3.5M
RELIGIOUS, CHARITABLE OR EDUCATIONAL
2020
$6.9M
RELIGIOUS, CHARITABLE OR EDUCATIONAL
2017

Funded by

$25.5M from 4 funders · 8 grants · 2017–2023

Mary E Bivins Trust

$25.5M · 5 grants · 2017–2023

Amarillo Area Foundation Inc

$10K · 1 grant · 2022

High Plains Christian Ministries

$10K · 1 grant · 2022

Ardon & Iris Moore Foundation

$500 · 1 grant · 2021

Details

EIN750842370
NTEE codeL22Z
Subsection03
Ruling date2003-01
Formed1949
Employees8
MARY E BIVINS FOUNDATION — Mission, Financials & Grants Received | Grantivo