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Urban Development Foundation Inc. is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1990. It holds total assets of $99K. Annual income is reported at $90K. Total assets have decreased from $1.2M in 2011 to $54K in 2023. The foundation is governed by 2 officers and trustees. Tax records are available from 2015 to 2023. According to available records, Urban Development Foundation Inc. has made 9 grants totaling $588K, with a median grant of $5K. Annual giving has decreased from $120K in 2020 to $1K in 2023. Grantmaking activity was highest in 2022 with $457K distributed across 4 grants. Individual grants have ranged from $1K to $228K, with an average award of $65K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Massachusetts and 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.
Urban Development Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MA, TX.
Urban Development Foundation Inc. has distributed a total of $588K across 9 grants. The median grant size is $5K, with an average of $65K. Individual grants have ranged from $1K to $228K.
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Urban Development Foundation Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Jackson | Secretary | $0 | $0 | N/A |
| Peter Jackson | Manager, VP | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$54K
Fair Market Value
$54K
Net Worth
$54K
Grants Paid
$1K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total: N/A
Total Grants
9
Total Giving
$588K
Average Grant
$65K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Charities Of Fort WorthIn memory of Sally Jackson Tobin | Dallas, TX | $1K | 2023 |
| Fidelity CharitableDonor advisedfunds | Boston, MA | $228K | 2022 |
| Texas Health ResourcesIn memory of Sally Jackson Tobin | Arlington, TX | $5K | 2021 |
| Fidelity Charitable FundsEstablishment ofdonor advised funds | Boston, MA | $105K | 2020 |
| Habitat For HumanityHome Building | Dallas, TX | $15K | 2020 |