Overview
What is Gray Reed Foundation?
The Gray Reed Foundation is a beneficent organization positioned in Dallas, Texas. Financed by firm attorneys, employees, clients, and supporters, it operates an Employee Matching Program that doubles the charitable donations made by Gray Reed's legal professionals and staff, or grants funds directly to their chosen charities. Beyond this, the foundation provides financial assistance for various expenses such as insurance, foreign tax payments, banking account fees, and software subscriptions. Its primary objective is to contribute positively to the community and support deserving causes.
Is Gray Reed Foundation legitimate?
Gray Reed Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gray Reed Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Gray Reed Foundation?
The Gray Reed Foundation, as a charitable organization, is primarily funded by attorneys, staff, clients, and associates of the firm. It operates an Employee Matching Program, enabling Gray Reed attorneys and employees to have their individual charitable donations matched by the foundation or to request grants for preferred charities. Beyond this, the foundation also covers various expenses such as insurance, foreign tax payments, bank account fees, and software subscriptions. However, the mission statement of the Gray Reed Foundation is not explicitly stated in the provided information, focusing more on its funding sources and operational aspects.
Who is the CEO of Gray Reed Foundation?
Darrell Armer is the Secretary of Gray Reed Foundation.
What is the revenue of Gray Reed Foundation?
Gray Reed Foundation's revenue in 2022 was $33,824.
Who are the executives of Gray Reed Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Gray Reed Foundation?
Gray Reed Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Gray Reed Foundation
The Gray Reed Foundation, a charitable organization, is driven by contributions from the firm's attorneys, staff, clients, and friends. Its primary mission involves matching the charitable contributions made by its employees or granting funds to a charity of their choice, as part of an Employee Matching Program. Beyond this, the foundation also provides financial assistance for various expenses such as insurance, foreign tax payments, account fees for a specific bank account, and software subscriptions.
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Impact
August, 2024
The impact of the Gray Reed Foundation is seen in its support for charitable endeavors through funding from firm attorneys, staff, clients, and friends of the firm. The foundation's Employee Matching Program encourages charitable giving by matching contributions from Gray Reed attorneys and staff, thus amplifying the impact of individual donations. Additionally, the foundation provides funding for a variety of essential expenses such as insurance, foreign tax payments, account fees, and software subscriptions. This proactive approach to philanthropy allows the Gray Reed Foundation to make a meaningful difference in various charitable causes and initiatives.
This information is meant to be a general summary of Gray Reed Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,400
- Gross Receipts: $51,756
Assets and Liabilities:
- Total Assets: $135,202
- Total Liabilities: $0
- Net Assets: $135,202
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Organization Details
Phone
(877) 829-5500Principal Officer
Darrell Armer
Main Address
1601 ELM STREET SUITE 4600, DALLAS, TX, 752014701
NTEE Category
Code: T12 - Philanthropy
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