Fostering Greatness Foundation Inc
- Assets
- $1.8k
- Revenue
- $377.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Leander, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-3596240
Organization Overview
Fostering Greatness Foundation Inc is located in Leander, TX. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fostering Greatness 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 12/2023, Fostering Greatness Foundation Inc generated $377.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $579.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT VIA CASH TRANSFERS, MENTORSHIP IN BUSINESS PLANNING, FINANCIAL PROJECTIONS, RECORD KEEPING AND PROJECT MANAGEMENT TO JULIAN MARANA
FINANCIAL SUPPORT THROUGH CASH TRANSFERS, MENTORSHIP IN THE AREAS OF GENERAL BUSINESS,FINANCE, RECORD KEEPING, BOOKKEEPING AND LIFE SKILLS FOR AZENETH GUTIERREZ GOMEZ
FINANCIAL SUPPORT THROUGH CASH TRANSFERS FOR MARIA DANIELA NAVARRO AQUILAR
FINANCIAL SUPPORT THROUGH CASH TRANSFERS FOR CARLO MONTESANTI
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan K Bawcom Director | 5 | $0 | |
David Bawcom Director | 5 | $0 | |
Katrina Davidson Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $377,104 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $377,104 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,659 |
| Total operating and administrative expenses | $1,710 |
| Contributions, gifts, grants paid | $577,753 |
| Total expenses and disbursements | $579,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,846 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,846 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fostering Greatness Foundation Inc has awarded $577,753 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AZENETH GOMEZ GUTIERREZ PURPOSE: PROVIDE BASIC LIFE NEEDS | $222,900 |
CARMELA CARILLO MARISCAL PURPOSE: SUPPORT OF PERSON AND FAMILY | $7,404 |
MARIA DANIELA NAVARRO AQUILAR PURPOSE: SUPPORT OF PERSON AND FAMILY | $13,000 |
ANDRIAN RANDRIANAIVO PURPOSE: SUPPORT OF PERSON AND FAMILY | $4,506 |
CARLO MONTESANTI PURPOSE: SUPPORT OF PERSON AND FAMILY | $9,000 |
JULIAN MARANA PURPOSE: SUPPORT A RASPBERRY FARMER | $320,943 |