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Majestic Ranch Arts Foundation is a private corporation based in BOERNE, TX. The foundation received its IRS ruling in 1977. The principal officer is Merle S Olson. It holds total assets of $412K. Annual income is reported at $5K. Total assets have decreased from $2.2M in 2010 to $468K in 2022. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Majestic Ranch Arts Foundation has made 12 grants totaling $228K, with a median grant of $12K. The foundation has distributed between $42K and $136K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $136K distributed across 4 grants. Individual grants have ranged from $4K to $55K, with an average award of $19K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Majestic Ranch Arts Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX.
Majestic Ranch Arts Foundation has distributed a total of $228K across 12 grants. The median grant size is $12K, with an average of $19K. Individual grants have ranged from $4K to $55K.
Majestic Ranch Arts Foundation typically selects its grantees rather than accepting unsolicited proposals.
Majestic Ranch Arts Foundation is headquartered in BOERNE, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John H Jones | VICE PRESIDENT & TREASURER | $0 | $0 | N/A |
| Debra L Pierce | SECRETARY | $0 | $0 | N/A |
| Merle S Olson Phd | CHAIRMAN & PRESIDENT | $0 | $0 | N/A |
| John Sherman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$124K
Total Assets
$468K
Fair Market Value
$468K
Net Worth
$468K
Grants Paid
$49K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$26K
Total Grants
12
Total Giving
$228K
Average Grant
$19K
Median Grant
$12K
Unique Recipients
7
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hill Country Council For The ArtsPROVIDE FUNDS FOR ART SUPPLIES AND CONSTRUCTION OF CLASSROOM SPACE | Boerne, TX | $37K | 2023 |
| Kerr Arts And CulturePROVIDE FUNDS FOR FURNITURE ART SHOW | Kerrville, TX | $8K | 2023 |
| Hill Country Arts FoundationYOUTH PROGRAM EQUIPMENT | Ingram, TX | $5K | 2023 |
| The Lord'S Way IncFUNDS FOR THE PURCHASE OF WOODWORKING EQUIPMENT AND SUPPLIES | San Antonio, TX | $13K | 2022 |
| Big Seed Hill CountryPROVIDE FUNDS FOR ART SUPPLIES AND EQUIPMENT | Kerrville, TX | $12K | 2021 |
| Boerne Community TheatrePROVIDE FUNDS FOR SCRIPTS, PROPS AND COSTUMES | Boerne, TX | $8K | 2021 |
| Kerr Arts & Cultural Center IncPROVIDE SUPPORT FOR TEXAS FURNITURE SHOW JUDGES AND PRIZES | Kerrville, TX | $5K | 2021 |