Pete C Garcia Victoria Foundation Inc
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Phoenix, AZ
- Founding
- 04/1971
- EIN
- 23-7091708
Organization Overview
Pete C Garcia Victoria Foundation Inc is located in Phoenix, AZ. The organization was established in 1971. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2020, Pete C Garcia Victoria Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pete C Garcia Victoria 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 undefined, Pete C Garcia Victoria Foundation Inc generated $98.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $128.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pete C Garcia Victoria Foundation Inc has awarded 19 individual grants totaling $358,846. 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
A MAJOR COMPONENT OF THE PETE C. GARCIA VICTORIA FOUNDATION IS ITS SCHOLARSHIP PROGRAM. THE FOUNDATION PROVIDES SCHOLARSHIPS TO YOUTH WHO WANT TO PURSUE THEIR EDUCATIONAL ASPIRATIONS OF ATTENDING A COLLEGE OR UNIVERSITY BUT DO NOT HAVE THE NECESSARY FINANCIAL RESOURCES. THE SCHOLARSHIP PROGRAM HAS SEEN TREMENDOUS SUCCESS AND ATTRIBUTES THAT SUCCESS TO ITS PARTNERSHIPS WITH ARIZONA'S FINEST HIGHER EDUCATION INSTITUTIONS. THESE PARTNERSHIPS ALLOW A DOLLAR FOR DOLLAR MATCH TO CREATE A SCHOLARSHIP FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Louis Olivas President | 20 | $54,511 | |
Lourdes Sierra Treasurer | 2 | $0 | |
Suzie Moreno Secretary | 2 | $0 | |
Jim Shee Director | 2 | $0 | |
Anthony Aguilar Director | 2 | $0 | |
Victor Burrola Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,817 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,134 |
| Other Revenue | $402 |
| Total Revenue | $98,085 |
| Statement of Expenses | |
|---|---|
| Total expenses | $128,940 |
| Balance Sheet | |
|---|---|
| Total assets | $35,915 |
| Total liabilities | $4,835 |
| Net assets or fund balances | $31,080 |
Grants Awarded
Over the last fiscal year, Pete C Garcia Victoria Foundation Inc has awarded $47,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN ARIZONA UNIVERSITY FOUNDATION INC PURPOSE: SCHOLARSHIP ASSISTANCE | $7,500 |
UNIVERSITY OF ARIZONA FOUNDATION PURPOSE: SCHOLARSHIP ASSISTANCE | $15,000 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP ASSISTANCE | $25,000 |