Tom C & Mary Reitch Scholarship
- Assets
- $1.6m
- Revenue
- -$10.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 52-7033946
Organization Overview
Tom C & Mary Reitch Scholarship is located in Dallas, TX. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Tom C & Mary Reitch Scholarship is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Tom C & Mary Reitch Scholarship has awarded 210 individual grants totaling $338,781. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $26,833 | |
Bill Huhn Co Boa Committee Member | 1 | $0 | |
Cathy Parks Committee Member | 1 | $0 | |
Myra Savage Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$80,699 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,856 |
| Total Revenue | -$10,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,833 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,495 |
| Total operating and administrative expenses | $59,181 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $131,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,197 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $1,606,387 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tom C & Mary Reitch Scholarship has awarded $72,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
JACK HEARD CO UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIP | $5,000 |
AVA JOHNSON CO TEXAS A&M PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
PRESLEY HARRIS CO UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
MICHELLE HERNANDEZ CO TYLER PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
LUZ TINAJERO CO TYLER PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |
BIANCA DELGADILLO CO UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIP | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |