San Antonio Livestock Exposition Educational Fund Inc

Organization Overview

San Antonio Livestock Exposition Educational Fund Inc is located in San Antonio, TX. The organization was established in 2013. 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. San Antonio Livestock Exposition Educational Fund 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 03/2021, San Antonio Livestock Exposition Educational Fund Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.5m during the year ending 03/2021. While expenses have increased by 0.9% 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.

Since 2015, San Antonio Livestock Exposition Educational Fund Inc has awarded 435 individual grants totaling $29,549,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SAN ANTONIO LIVESTOCK EXPOSITION EDUCATION FUND, INC. (EDUCATION FUND) WAS FORMED IN 2011 AND RECEIVED IRS APPROVAL AS A NONPROFIT ORGANIZATION IN FEBRUARY 2013. IT WAS FORMED AS A SUPPORTING ORGANIZATION TO SAN ANTONIO LIVESTOCK EXPOSITION, INC (S.A.L.E.) FEDERAL ID# 74-1075466, AND WILL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF S.A.L.E. THE EDUCATION FUND IS INTENDED TO BE A TYPE I SUPPORTING ORGANIZATION, ONE THAT IS OPERATED, SUPERVISED OR CONTROLLED BY A PUBLICLY SUPPORTED ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE FISCAL YEAR ENDED MARCH 31, 2015, S.A.L.E. (SAN ANTONIO LIVESTOCK EXPOSITION, INC.) TRANSFERRED CASH, INVESTMENTS AND THE CORRESPONDING SCHOLARSHIP AND GRANT LIABILITY TO THE EDUCATION FUND (SAN ANTONIO LIVESTOCK EXPOSITION EDUCATIONAL FUND, INC.) SUCH THAT IT COULD ADMINISTER AND PAY THE SCHOLARSHIPS AND GRANTS. S.A.L.E. AND THE EDUCATION FUND HAD AN AUDIT PERFORMED OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THEIR FISCAL YEAR ENDED MARCH 31, 2021. IN THE FISCAL YEAR ENDED MARCH 31, 2021, $4,306,862 WAS TRANSFERRED FROM S.A.L.E. TO THE EDUCATION FUND AS A DONATION. ADDITIONAL SCHOLARSHIPS AND GRANTS OF $4,250,962 (516 RECIPIENTS) WERE AWARDED AS OF MARCH 31, 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Cody Davenport
Exec Dir/ceo
$0
Amy Wise
President
$0
Joe Hutchison
Secretary
$0
Mark Colaw
Director
$0
John Henderson
Director
$0
B J Hendler
Director
$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$4,307,362
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,307,362
Total Program Service Revenue$0
Investment income $525,688
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $109,193
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,942,243

Grants Awarded

Over the last fiscal year, San Antonio Livestock Exposition Educational Fund Inc has awarded $4,247,220 in support to 53 organizations.

Grant RecipientAmount

TEXAS A&M UNIVERSITY

PURPOSE: SCHOLARSHIPS FOR STUDENTS

$1,017,595

TEXAS TECH UNIVERSITY SYSTEM

PURPOSE: SCHOLARSHIPS FOR STUDENTS

$506,004

UNIVERSITY OF TX FDN INC

Org PageRecipient Profile

Austin, TX

PURPOSE: GENERAL SUPPORT & SCHOLARSHIPS

$382,375

TARLETON STATE UNIVERSITY

PURPOSE: SCHOLARSHIPS FOR STUDENTS

$196,750

SAM HOUSTON UNIVERSITY

PURPOSE: SCHOLARSHIPS FOR STUDENTS

$192,744

TEXAS TECH FOUNDATION

Org PageRecipient Profile

Lubbock, TX

PURPOSE: GENERAL SUPPORT

$191,600
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that San Antonio Livestock Exposition Educational Fund Inc has recieved totaling $10,000.

Awarding OrganizationAmount
$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,563,203
Earnings$147,201
Net Contributions$63,900
Ending Balance$2,774,304

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