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 6 years, the organization has seen revenues fall by an average of (13.5%) 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 (13.7%) per year over the past 6 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 16 individual grants totaling $303,346. 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.
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.
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 | |
Chuck Lotzar 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 |
|---|---|
Tempe, AZ PURPOSE: SCHOLARSHIP ASSISTANCE | $25,000 |
Tucson, AZ PURPOSE: SCHOLARSHIP ASSISTANCE | $15,000 |
Flagstaff, AZ PURPOSE: SCHOLARSHIP ASSISTANCE | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pete C Garcia Victoria Foundation Inc has recieved totaling $32,250.
| Awarding Organization | Amount |
|---|---|
Helios Education Foundation Phoenix, AZ PURPOSE: See Part IV | $24,750 |
Arizona Diamondbacks Foundation Inc Phoenix, AZ PURPOSE: GENERAL PROGRAM ASSI | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Childrens Miracle Network Salt Lake City, UT | $141,998,389 | $48,445,595 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |