College Of The Mainland Foundation Inc

Organization Overview

College Of The Mainland Foundation Inc is located in Texas City, TX. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of The Mainland Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, College Of The Mainland Foundation Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $712.8k during the year ending 08/2021. While expenses have increased by 12.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT AND ENCOURAGE EDUCATIONAL EXCELLENCE THROUGH THE COLLEGE OF THE MAINLAND. THE FOUNDATION SEEKS TO HEIGHTEN COMMUNITY AWARENESS OF THE MISSION AND ACCOMPLISHMENTS OF THE COLLEGE AND TO FACILITATE THE CREATION OF A STUDENT-CENTERED LEARNING COMMUNITY DEDICATED TO SCHOLARSHIP AND AID FOR EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP AND AID FOR EDUCATION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Sandi Belcher
Secretary
$0
Summer Chapman
Vice Preside
$0
Chris Devries
Treasurer
$0
Denise Navarro
President
$0
Gary Scoggin
Past Preside
$0
Lisa M Watson
Executive Di
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,291,349
Noncash contributions included in lines 1a–1f $329,663
Total Revenue from Contributions, Gifts, Grants & Similar$2,291,349
Total Program Service Revenue$0
Investment income $5,103
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,296,452

Grants Recieved

Over the last fiscal year, we have identified 9 grants that College Of The Mainland Foundation Inc has recieved totaling $478,172.

Awarding OrganizationAmount
Marathon Petroleum Foundation Inc

Findlay, OH

PURPOSE: COLLEGE OF THE MAINLAND FOUNDATION - PTECH SCHOLARSHIP PROGRAM

$200,000
Texas Mutual Insurance Company

Austin, TX

PURPOSE: College Safety Grants

$100,000
Greater Texas Foundation

Bryan, TX

PURPOSE: TO SUPPORT EMERGENCY AID FUNDING AND TECHNICAL ASSISTANCE.

$70,000
Greater Texas Foundation

Bryan, TX

PURPOSE: TO SUPPORT EMERGENCY AID FUNDING AND TECHNICAL ASSISTANCE.

$52,500
Frank K Webb Revocable Trust

St Louis, MO

PURPOSE: PROGRAM SUPPORT

$28,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$16,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,615,669
Earnings$470,568
Other Expense-$7,261
Ending Balance$3,078,976

Create an account to unlock the data you need.

or