Rackspace Foundation
- Assets
- $1.1m
- Revenue
- $480.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-3332818
Organization Overview
Rackspace Foundation is located in San Antonio, TX. The organization was established in 2009. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Rackspace Foundation 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, Rackspace Foundation generated $480.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $483.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rackspace Foundation has awarded 62 individual grants totaling $3,856,582. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III LINE I
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITIES IN SCHOOLS (CIS) OF SAN ANTONIO, INC - FUNDS WERE GRANTED TO PROVIDE A CASE MANAGER TO WALZEM ELEMENTARY, CAMELOT ELEMENTARY AND WINDCREST ELEMENTARY. THE CIS MANAGERS PROVIDED COMPREHENSIVE CASE MANAGEMENT SERVICES TO K-5TH GRADE STUDENTS. THEY REFERRED FOR PROBLEMS IN ACADEMICS, BEHAVIOR, OR ATTENDANCE. THE CIS CASE MANAGERS PROVIDED OR COLLABORATED ON SCHOOL-WIDE ACTIVITIES TO INCREASE STUDENT ACHIEVEMENT AND FOR PARENTS AND FAMILIES IN ORDER TO INCREASE PARENT INVOLVEMENT AND PARENT-SCHOOL COMMUNICATION.
NE EDUCATIONAL FOUNDATION - FUNDS WERE GRANTED THROUGH THE NORTH EAST INDEPENDENT SCHOOL DISTRICT FOR EACH OF THE MAGNIFICENT 7 CLUSTER SCHOOLS TO HAVE AN ALLOCATION OF DISCRETIONARY FUNDS. THESE FUNDS ARE RESTRICTED TO BENEFITING STUDENTS IN EITHER FAMILY ENGAGEMENT ACTIVITIES, PARTICIPATION IN EXTRACURRICULAR ACTIVITIES, TEAM SUPPORT, STAFF ENGAGEMENT AND CULTURE, OR STUDENT ENGAGEMENT AND CULTURE.
GIRLSTART FUNDING WAS GRANTED FOR WEEKLY AFTERSCHOOL STEM PROGRAMMING AND TWO ELEMENTARY STUDENT SUMMER CAMPS FOR WALZEM ELEMENTARY AND THE ADDITIONAL CAMPUS OF MONTGOMERY ELEMENTARY. GIRLSTART IS AN EDUCATIONAL OUTREACH PROGRAM THAT ENCOURAGES GIRLS TO BELIEVE IN THEMSELVES, PURSUE PATHS TO HIGHER EDUCATION AND DISCOVER GREATER CAREER OPPORTUNITIES IN STEM. THE CURRICULUM FOR AFTERSCHOOL PROGRAMMING ENHANCES GIRLSSTEM LEARNING THROUGH RELATABLE, FUN, HANDS-ON AND COMPRENHENSIVE ACTIVITIES IN ALL-GIRLS, INFORMAL ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Mclin President | OfficerTrustee | 10 | $0 |
Cara Nichols Board Member | Trustee | 1 | $0 |
Holly Windham Board Member | Trustee | 1 | $0 |
Rachel Woodson Board Memeber | Trustee | 1 | $0 |
Summer Gafford Board Member | Trustee | 1 | $0 |
Anna Ziegler Board Member | Trustee | 1 | $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 | $480,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $480,124 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $480,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $483,215 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $14 |
| Total functional expenses | $483,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,080,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,080,835 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,080,835 |
| Total liabilities and net assets/fund balances | $1,080,835 |
Grants Awarded
Over the last fiscal year, Rackspace Foundation has awarded $483,215 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: FUNDS WERE GRANTED TO COMMUNITIES IN SCHOOLS (CIS) IN 2017 TO PROVIDE A CASE MANAGER TO ALL SCHOOLS IN THE ROOSEVELT CLUSTER. THE CIS MANAGERS PROVIDED COMPREHENSIVE CASE MANAGEMENT SERVICES TO K-5TH GRADE STUDENTS. THEY REFERRED FOR PROBLEMS IN ACADEMICS, BEHAVIOUR, OR ATTENDANCE. THE CIS CASE MANAGERS PROVIDED OR COLLABORATED ON SCHOOL-WIDE ACTIVITIES TO INCREASE STUDENT ACHIEVEMENT AND ACTIVITIES FOR PARENTS AND FAMILIES IN ORDER TO INCREASE PARENT INVOLVEMENT AND PARENT-SCHOOL COMMUNICATION. | $245,000 |
NE EDUCATIONAL FOUNDATION PURPOSE: benefit student | $66,000 |
Austin, TX PURPOSE: FUNDING WAS GRANTED FOR WEEKLY AFTERSCHOOL STEM PROGRAMMING AND TWO ELEMENTARY STUDENT SUMMER CAMPS FOR WALZEM ELEMENTARY, CAMELOT ELEMENTARY AND THE ADDITIONAL CAMPUS OF MONTGOMERY ELEMENTARY. GIRLSTART IS AND EDUCATIONAL OUTREACH PROGRAM THAT ENCOURAGES GIRLS TO BELIEVE IN THEMSELVES, PURSUE PATHS TO HIGHER EDUCATION AND DISCOVER GREATER CAREER OPPORTUNITIES IN STEM. THE CURRICULUM FOR AFTERSCHOOL PROGRAMMING ENHANCES GIRLS STEM LEARNING THROUGH RELATABLE, FUN, HANDS-ON AND COMPREHENSIVE ACTIVITIES IN AN ALL-GIRLS, INFORMAL ENVIORNMENT. | $59,675 |
San Antonio, TX PURPOSE: YOUTH CODE JAM PROVIDES INNOVATIVE, IMPACTFUL AND FAMILY-FOCUSED OUT OF SCHOOL TIME, HANDS-ON COMPUTING PROGRAMS FOR K-12 STUDENTS AS WELL AS TEACHER PROFESSIONAL DEVELOPMENT DESIGNED TO BRING COMPUTER SCIENCE TO EVERY SCHOOL AND EVERY CLASSROOM. | $49,252 |
San Antonio, TX PURPOSE: GEMINI INK IS AN AFTERSCHOOL CREATIVE WRITING PROGRAM FOR ELEMENTARY STUDENTS IN WINDCREST ELEMENTARY AND CAMELOT ELEMENTARY. GEMINI INK EXECUTES A CURRICULUM THAT ALLOWS STUDENT SELF-EXPRESSION AND SELF-EXPLORATION THROUGH CREATIVE WRITTING | $32,188 |
San Antonio, TX PURPOSE: FUNDING GRANTED TRINITY UNIVERSITY TO PROVIDE TWO COLLEGE ADVISERS AT ROOSEVELT HIGH SCHOOL COLLEGE. ADVISING CORPS PROVIDES THE SUPPORT THAT HIGH-NEED STUDENTS REQUIRE TO NAVIGATE THE COMPLEX PROCESSES OF COLLEGE ADMISSIONS AND MATRICULATION AND SECURING FINANCIAL AID. TWO RECENT TRINITY UNIVERSITY GRADUATES WORK AS FULL-TIME COLLEGE ADVISERS IN ROOSEVELT HIGH SCHOOL AND WORK TO FOSTER A COLLEGE-GOING CULTURE WITHIN THE SCHOOL WHICH IS ONE OF THE BEST PREDICTORS OF WHETER STUDENTS WILL PURSUE HIGHER EDUCATION. ADVISERS HELP NAVIGATE COLLEGE ADMISSIONS, SECURE SAT/ACT WAIVERS AND ASSIST STUDENTS AND THEIR FAMILIES WITH FAFSA APPLICATIONS. | $31,100 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rackspace Foundation has recieved totaling $72,097.
| Awarding Organization | Amount |
|---|---|
80-20 Fund San Antonio, TX PURPOSE: ROOKIE O EMPLOYEE MATCH PROGRAM GRANT | $72,072 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Hamm Foundation Oklahoma City, OK | $15,100,240 | $36,211,204 |
Hildebrand Foundation Houston, TX | $114,322,883 | $23,614,226 |
Carl A Davis And Lois E Davis Foundation Houston, TX | $0 | $544,470 |
Hirsch Family Foundation Dallas, TX | $52,981,348 | $34,969,949 |
Entergy Charitable Foundation New Orleans, LA | $10,718,766 | $2,697,786 |
Smith Family Foundation Austin, TX | $2,063,167 | $8,401,265 |
Nancy Smith Hurd Foundation Tr San Antonio, TX | $73,883,656 | $7,181,888 |
Santander Consumer Usa Inc Foundation Dallas, TX | $61,196,374 | $60,000,000 |
Hal & Charlie Peterson Foundation Kerrville, TX | $63,600,144 | $3,895,944 |
Boone Family Foundation Dallas, TX | $0 | $1,805,045 |
William A Brookshire Foundation Lakeway, TX | $44,188,133 | $14,237,408 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |