Texarkana College Foundation Inc

Organization Overview

Texarkana College Foundation Inc is located in Texarkana, TX. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Texarkana College 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 08/2023, Texarkana College Foundation Inc generated $846.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $360.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Texarkana College Foundation Inc has awarded 20 individual grants totaling $2,801,934. 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE OVERALL REPUTATION OF TEXARKANA COLLEGE, TO PROVIDE EXTERNAL RESOURCES TO FUND COLLEGE PRIORITIES, AND TO CREATE OPPORTUNITIES FOR THE COLLEGE TO BUILD PARTNERSHIPS WITH ALUMNI, FRIENDS, DONORS, CORPORATIONS, AND FOUNDATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE EDUCATION AND OTHER RELATED ACTIVITIES PERTAINING TO TEXARKANA COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Andrew Curry
Trustee
$0
Truman Arnold
Trustee
$0
Borden Bell
Trustee
$0
Ben Floyd
Trustee
$0
Mike Craven
President
$0
Vickers Fuqua
Treasurer
$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$586,736
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$586,736
Total Program Service Revenue$0
Investment income $259,854
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $846,590

Grants Awarded

Over the last fiscal year, Texarkana College Foundation Inc has awarded $308,158 in support to 2 organizations.

Grant RecipientAmount

TEXARKANA COLLEGE

PURPOSE: FUNDING FOR COLLEGE RADIO STATION

$100,000

TEXARKANA COLLEGE

PURPOSE: FUNDING FOR SCHOLARSHIPS

$208,158
View Grant Profile

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