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Amherst Foundation EIN 45-1559309

Amherst Foundation

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A private foundation based in Austin, TX. It reported about $129K in revenue for 2024. For fiscal year 2024 it reported $129K in revenue, $177K in expenses, and $2.5M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Austin, TX
Filings
5 on file (2020–2024)
Revenue
$129KFY2024
Expenses
$177K
Net assets
$2.5M
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-1559309 Private foundation / grantmaker Austin, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Austin, TX. It reported about $129K in revenue for 2024.
Leadership
Sean Dobson · Director
Money in and out
$129K revenue, $177K expenses
Bottom line
—
Grants paid & assets · FY2024
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$177K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$48K
Total assets
2.6M
deployed as grants and operations
Grants paid
166K
in FY2024
Grants made
11grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 11 grants · $166K · 2024–2024
Navy Seal Foundation INCVA · FY2024$65,000
Capital City Fund for EductationFY2024$50,000
Firefly FundFY2024$25,000
The Univesity of TexasFY2024$5,000
Inclusion Matters by Shane's InspirFY2024$5,000
Foundation Communities INCFY2024$5,000
Donee's Under 500 - 16 TotalFY2024$3,088
Project SchoolhouseFY2024$3,000
The Rise SchoolFY2024$2,500
Hurricanes Baseball INCVA · FY2024$1,500
The Bear-Hug Foundation INCMI · FY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV3
Average grantPart XV$15K
Median grantPart XV$5K
Largest grantPart XV$65K
Top cause focusNTEERecreation & Sports (18%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$129K
FY2024▲ +47%
Expenses
$177K
FY2024▼ -52%
Total assets
$2.6M
FY2024▼ -1%
Total liabilities
$12K
FY2024▲ ×21
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$177K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Total assetsPt II$2.6M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmherst Foundation
EINHdr · item D45-1559309
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFSep 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Sean Dobson
Director
$0Pt VII · Sec A
Steve Gorman
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income100%$129K
Total revenueLn 12$129K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.94 Operating & administrative $0.06
Grants & contributions paid94%$166K
Operating & administrative6%$11K
Total functional expensesLn 25$177K

Balance Sheet

Part X · end of year
CashLn 1$2.6M
Total assetsLn 16$2.6M
Total liabilitiesLn 26$12K
Total net assetsLn 32$2.5M
Months of cash on handcomputed172.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2.6M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $129K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $129K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $129K · Prior year $88K
+47%
Revenue CAGR
FY2020 $456K · FY2024 $129K
-27%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $129K · Expenses $177K
-37%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
—
Net-asset ratio
Net assets $2.5M · Total assets $2.6M
100%
People & payroll
Highest Reported Total Compensation
Individual Sean Dobson · Reported title Director · Highest reported compensation $0 · Total expenses $177K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 47%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$129K revenue · viewing · ⤓ 990 PDF
FY2023$88K revenue · ⤓ 990 PDF
FY2022$3.9M revenue · ⤓ 990 PDF
FY2021$310K revenue · ⤓ 990 PDF
FY2020$456K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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