Texas Veterinary Medical Foundation

Organization Overview

Texas Veterinary Medical Foundation is located in Austin, TX. The organization was established in 1978. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Veterinary Medical 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 06/2022, Texas Veterinary Medical Foundation generated $656.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $523.0k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE TEXAS VETERINARY MEDICAL FOUNDATION IS COMMITTED TO SUPPORTING THE VETERINARY PROFESSION AND OUR COMMUNITIES IN TEXAS BY PROVIDING RESOURCES, EDUCATION, AND PROGRAMS FOR THE RESPONSIBLE STEWARDSHIP OF ANIMALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES PROGRAMS TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF RESPONSIBLE PET OWNERSHIP; ADVANCES THE PROFESSION BY PROVIDING AWARDS AND GRANTS TO VETERINARY STUDENTS; SUPPORTS SELECT PROGRAMS AND PROJECTS THAT ADVANCE THE ART AND SCIENCE OF VETERINARY MEDICINE; SUPPORTS THE VETERINARY COMMUNITY BY BEING THE PUBLIC RELATIONS AND PHILANTHROPIC ARM OF THE VETERINARY PROFESSION; AND PROVIDES GRANTS FOR DISASTER AND EMERGENCY RELIEF.


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Board, Officers & Key Employees

Name (title)Compensation
Tracy Mcadoo
Vice President
$0
Chad Harris
President
$0
H Keven Mcshane
Treasurer
$0
Beverly Crocker
Secretary
$0
Troy Alexander
New Executive Director
$0
Chris Copeland
Executive Director
$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$563,756
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$563,756
Total Program Service Revenue$0
Investment income $87,584
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $5,457
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $656,797

Grants Awarded

Over the last fiscal year, Texas Veterinary Medical Foundation has awarded $20,960 in support to 2 organizations.

Grant RecipientAmount

TEXAS A&M UNIVERSITY

PURPOSE: SUMMER RESEARCH PROG.

$11,000

KIMBROUGH ANIMAL CLINIC

PURPOSE: DISASTER RELIEF

$9,960
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Texas Veterinary Medical Foundation has recieved totaling $75,176.

Awarding OrganizationAmount
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$25,789
$10,000
Rees-Jones Foundation

Dallas, TX

PURPOSE: FUNDING TO PROVIDE FUNDAMENTAL HEALTHCARE FOR THE ANIMALS BELONGING TO LOW-INCOME, HOMEBOUND COMMUNITY MEMBERS ENROLLED IN THE MEALS ON WHEELS PROGRAMS.

$10,000
Banfield Foundation

Vancouver, WA

PURPOSE: COMMUNITY CARE GRANT

$10,000
Donald D Hammill Foundation

Austin, TX

PURPOSE: VETERINARY PROCEDURES

$6,000
Burdine Johnson Foundation

Buda, TX

PURPOSE: FUNDING FOR LENDING ECONOMIC ASSISTANCE FOR PETS (LEAP)

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$208,416
Earnings-$129,516
Net Contributions$1,179,740
Grants$5,242
Ending Balance$1,253,398

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