Telacu Education Fountation

Organization Overview

Telacu Education Fountation is located in Los Angeles, CA. The organization was established in 1993. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Telacu Education Fountation employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telacu Education Fountation 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 12/2021, Telacu Education Fountation generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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 2016, Telacu Education Fountation has awarded 38 individual grants totaling $546,525. 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 FOUNDATION PROVIDES SERVICES AND RESOURCES FOR SCHOLARSHIP PROGRAMS AND EDUCATIONAL ENRICHMENT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM DESIGNED TO ASSIST PARTICIPANTS IN ENTERING POST SECONDARY EDUCATIONAL INSTITUTIONS. THE PROGRAM IS FUNDED THROUGH A FEDERAL GRANT AND DONATIONS.


PROGRAM DESIGNED TO ENCOURAGE GRAMMAR AND MIDDLE SCHOOL STUDENTS TO COMPLETE SECONDARY AND POST SECONDARY EDUCATION AND ENTER POST SECONDARY EDUCATIONAL INSTITUTIONS. THE PROGRAM IS FUNDED THROUGH A FEDERAL GRANT.


PROGRAM DESIGNED TO ENCOURAGE SECONDARY SCHOOL STUDENTS TO ACQUIRE A POST SECONDARY EDUCATION IN THE FIELD OF NURSING. THE PROGRAM IS FUNDED THROUGH CONTRIBUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Lauren Lizarraga Gray
Senior VP
$141,352
David Lizarraga
Chairman/dir
$0
Priscilla Lizarraga
Vp/secr/treas/dir
$0
Michael Lizarraga
President/dir
$0
Fidel Gomez
Director
$0
Carmen O Perez
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$578,719
Related organizations$0
Government grants $2,055,394
All other contributions, gifts, grants, and similar amounts not included above$1,499,285
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,133,398
Total Program Service Revenue$0
Investment income $708
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,344
Net Income from Fundraising Events -$212,000
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,920,920

Grants Awarded

Over the last fiscal year, Telacu Education Fountation has awarded $57,992 in support to 4 organizations.

Grant RecipientAmount

CALIFORNIA STATE UNIVERSITY

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE.

$38,000

UNIVERSITY OF CALIFORNIA LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE.

$7,992

BIOLA UNIVERSITY INC

Org PageRecipient Profile

La Mirada, CA

PURPOSE: IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE.

$6,000

UNIVERSITY OF SOUTHERN CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: IN ORDER TO PROVIDE SCHOLARSHIPS TO ASSIST STUDENTS TO GRADUATE.

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Telacu Education Fountation has recieved totaling $410,611.

Awarding OrganizationAmount
Pepsico Foundation Inc

Purchase, NY

PURPOSE: GENERAL SUPPORT

$250,000
The Coca-Cola Foundation Inc

Atlanta, GA

PURPOSE: TELACU EDUCATION FOUNDATION, COLLEGE SUCCESS PROGRAM

$50,000
Mufg Union Bank Foundation Ag

Phoenix, AZ

PURPOSE: CHARITABLE

$45,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
California State University Foundation

Long Beach, CA

PURPOSE: SPONSORSHIP OF THE 38TH ANNNUAL TELACU BUILDING THE DREAM VIRTUAL GALA

$15,000
The California Endowment

Los Angeles, CA

PURPOSE: EXPANDING ACCESS TO HEALTH CAREERS: TO PROVIDE SCHOLARSHIPS TO LOW-INCOME STUDENTS ENTERING MEDICAL SCHOOL AND/OR HEALTH-RELATED GRADUATE PROGRAMS IN LOS ANGELES.

$10,000
View Grant Recipient Profile

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