The Ada Lee Ricks Broussard is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CEDAR HILL, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $760.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32K
-6.1% YoY
Annual Giving
$4K
-80.5% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$2K
-61.1% YoY
Under IRS private-foundation payout rules, The Ada Lee Ricks Broussard reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ada Lee Ricks Broussard
Based on IRS filings
The Ada Lee Ricks Broussard is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CEDAR HILL, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $760.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,163 | $34,253 | $51,227 |
| Revenue | $2,276 | $2,298 | $717 |
| Expenses | $4,366 | $19,272 | $26,050 |
| Qualifying Distributions | $3,600 | $18,500 | $25,333 |
| Net Investment Income | $760 | $551 | — |
| Distributable Amount | $1,625 | $2,097 | $3,175 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cedar Hill Action Team ($2,500), Cedar Hill Museum of History ($1,100).
| Recipient | Purpose | Amount |
|---|---|---|
| CEDAR HILL MUSEUM OF HISTORY CEDAR HILL, TX | TO SUPPORT CEDAR HILL MUSEUM | $1,100 |
| CEDAR HILL ACTION TEAM CEDAR HILL, TX | TO SUPPORT CEDAR HILL ACTION TEAM | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILLIE D BALLENGEE | FIDUCIARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ada Lee Ricks Broussard?
The Ada Lee Ricks Broussard is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CEDAR HILL, TX. It holds $32K in total assets as of 2024.
How large is The Ada Lee Ricks Broussard?
As of 2024, The Ada Lee Ricks Broussard holds $32K in total assets with $2K in annual revenue. It awarded 2 grants totaling $4K in 2024.
Where does The Ada Lee Ricks Broussard operate?
The Ada Lee Ricks Broussard has awarded grants in District of Columbia, Texas.
What size grants does The Ada Lee Ricks Broussard award?
In 2024, The Ada Lee Ricks Broussard awarded 2 grants totaling $4K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Ada Lee Ricks Broussard required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ada Lee Ricks Broussard reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ada Lee Ricks Broussard's EIN?
The Ada Lee Ricks Broussard's EIN (Employer Identification Number) is 26-3260041. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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