Northwest Isd Education Foundation Inc

Organization Overview

Northwest Isd Education Foundation Inc is located in Fort Worth, TX. The organization was established in 1999. 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. Northwest Isd Education 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 06/2021, Northwest Isd Education Foundation Inc generated $766.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $470.4k during the year ending 06/2021. While expenses have increased by 7.1% 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, Northwest Isd Education Foundation Inc has awarded 17 individual grants totaling $1,081,153. 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 NORTHWEST ISD EDUCATION FOUNDATION WAS CREATED TO SUPPORT THE EDUCATIONAL PROGRAMS FOR BOTH THE STUDENTS AND STAFF OF THE NORTHWEST INDEPENDENT SCHOOL DISTRICT. THE FOUNDATION PROVIDES FUNDS FOR EDUCATIONAL PROGRAMS AND ACTIVITIES THAT ARE NOT FUNDED BY THE NORMAL OPERATING BUDGET OF THE SCHOOL DISTRICT. THESE FUNDS ARE USED TO FACILITATE STUDENT ACHIEVEMENT AND SKILL DEVELOPMENT, TO RECOGNIZE AND ENCOURAGE STAFF EXCELLENCE, AND TO EXPAND COMMUNITY INVOLVEMENT FROM INDIVIDUALS, BUSINESSES, AND CIVIC ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS & TUITION AWARDED TO GRADUATING SENIORS FOR USE AT ACCREDITED UNIVERSITIES IN THE FIELDS OF ENGINEERING, COMPUTER TECHNOLOGY, THE ARTS, OR OF THEIR CHOICE AS SPECIFIED.


TEACHERS AT NORTHWEST ISD AWARDS FOR INNOVATIVE TEACHING IDEAS.


FUNDS SUPPORTING NISD DISTRICT INITIATIVE FUND. DISTRICT INITIATIVE FUNDS SUPPORT EDUCATORS AND STUDENTS THROUGH THE FREE NEF RESOURCE STORE AND LIBRARY, PROVIDES SNACK PACKS AND LITERACY MATERIALS FOR SUMMER LEARNERS, AND PROVIDES SUPPORT IN THE CLASSROOM OUTSIDE THE TEACHING GRANT PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Brummal
VP Of Progra
$0
Jeff Dearing
VP Finance
$0
Alba Garza
Secretary
$0
Rachel Nobles
Advisory Boa
$0
Chase Rowe
President
$0
Mary Zapata
VP Of Develo
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$235,436
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$300,442
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$535,878
Total Program Service Revenue$0
Investment income $239,065
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $40,141
Net Income from Fundraising Events -$48,400
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $766,684

Grants Awarded

Over the last fiscal year, Northwest Isd Education Foundation Inc has awarded $162,772 in support to 3 organizations.

Grant RecipientAmount

Fort Worth, TX

PURPOSE: DESIGNATED GIFTS

$60,376

Fort Worth, TX

PURPOSE: INNOVATIVE TEACHING

$57,396

Fort Worth, TX

PURPOSE: CAMPUS GRANTS

$45,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Northwest Isd Education Foundation Inc has recieved totaling $249,993.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$62,666
Alliance Texas Foundation

Fort Worth, TX

PURPOSE: EDUCATION SUPPORT

$50,000
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: FOR STEM TEACHING GRANTS, MAKERS SPACES AND ACCESS TO TECHNOLOGY

$25,000
Coserv Charitable Foundation

Corinth, TX

PURPOSE: STUDENT SCHOLARSHIPS/TEACHER GRANTS

$25,000
Speedway Childrens Charities

Concord, NC

PURPOSE: CRITICAL NEEDS

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$14,625
View Grant Recipient Profile

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