Texas City Independent School District Foundation For The Future

Organization Overview

Texas City Independent School District Foundation For The Future is located in Texas City, TX. The organization was established in 1999. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Texas City Independent School District Foundation For The Future 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, Texas City Independent School District Foundation For The Future generated $460.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $245.8k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 6 years. 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

THE TEXAS CITY INDEPENDENT SCHOOL DISTRICT (TCISD) FOUNDATION FOR THE FUTURE, IN COLLABORATION WITH THE COMMUNITY AND THE SCHOOL DISTRICT, SUPPORTS A QUALITY EDUCATION FOR THE DISTRICT'S STUDENTS BY GENERATING AND DISTRIBUTING RESOURCES TO ENRICH, MAINTAIN AND EXPAND PROGRAMS TO MEET THE DISTRICT'S STATED MISSION OF EXCELLENCE IN EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS AWARDED TO THE TCISD TEACHING FACULTY AND STUDENTS SCHOLARSHIPS - TO RECOGNIZE GRADUATING SENIORS FROM TEXAS CITY HIGH SCHOOL AND LA MARQUE HIGH SCHOOL FOR THEIR COMMUNITY SERVICE AND WHO HAVE A FINANCIAL NEED TO FURTHER THEIR EDUCATION AT A JUNIOR COLLEGE, TECHNICAL SCHOOL OR COMMUNITY COLLEGE.


LEADS - TO PROVIDE SELECT JUNIOR AND SENIOR TEXAS CITY HIGH SCHOOL, LA MARQUE HIGH SCHOOL AND 5 OTHER GALVESTON COUNTY HIGH SCHOOL STUDENTS A LEADERSHIP-TRAINING OPPORTUNITY AND TO DEVELOP FUTURE LEADERSHIP OPPORTUNITIES FOR THE STUDENTS IN CONJUCTION WITH THE LOCAL BUSINESS COMMUNITY. OTHER ORGANIZATION PROGRAMS: HELDING STUDENTS GRADUATE, PROJECTS IN EDUCATION, SCHOOL SUPPLIES INCOME


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Board, Officers & Key Employees

Name (title)Compensation
Jami Clark
President
$0
Tilly Clark
Vice Preside
$0
Rhonda Oyakhire
Secretary
$0
Bill Mcgarvey
Treasurer
$0
Christina Hall
Former Ex Di
$0
Geny White
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$289,170
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$289,170
Total Program Service Revenue$13,075
Investment income $25,434
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $14,280
Net Income from Fundraising Events $96,185
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $460,725

Grants Awarded

Over the last fiscal year, Texas City Independent School District Foundation For The Future has awarded $184,785 in support to 2 organizations.

Grant RecipientAmount

TEXAS CITY INDEPENDENT SCHOOL DISTR

PURPOSE: TEACHER SUPPORT

$162,985

TEXAS CITY INDEPENDENT SCHOOL DISTR

PURPOSE: TEACHER SUPPORT

$21,800
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Texas City Independent School District Foundation For The Future has recieved totaling $105,828.

Awarding OrganizationAmount
Marathon Petroleum Foundation Inc

Findlay, OH

PURPOSE: THE INDUSTRIAL TRADE CENTER (ITC)

$100,000
Ineos Ican Foundation

League City, TX

|

$5,800
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$28
View Grant Recipient Profile

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