Alamo Colleges Foundation Inc

Organization Overview

Alamo Colleges Foundation Inc is located in San Antonio, TX. The organization was established in 1986. 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. Alamo Colleges 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 12/2021, Alamo Colleges Foundation Inc generated $21.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $7.7m during the year ending 12/2021. While expenses have increased by 10.9% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE PHILANTHROPIC FUNDS TO SUPPORT SCHOLARSHIPS AND PROGRAMS, AND STUDENT SUCCESS.THE FOUNDATION WAS ESTABLISHED TO STRENGTHEN THE ALAMO COLLEGES DISTRICT'S CAPACITY TO EMPOWER THE DIVERSE COMMUNITIES SERVED BY EACH OF THE ALAMO COLLEGES. THE DISTRICT IS COMPRISED OF FIVE COLLEGES: SAN ANTONIO (EST. 1925), ST. PHILIP'S (EST. 1898), PALO ALTO (EST. 1985), NORTHEAST LAKEVIEW (EST. 2007), AND NORTHWEST VISTA (EST. 1995) AS WELL AS EIGHT REGIONAL AND NEIGHBORHOOD CENTERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS AND ALLOCATIONS TO THE ALAMO COLLEGES TO MAINTAIN, DEVELOP, INCREASE AND EXTEND FACILITIES & SERVICES.


GRANTS AND ALLOCATIONS TO STUDENTS IN THE ALAMO COLLEGES FOR SCHOLARSHIPS AND EDUCATIONAL SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Pamela Bain
Chair
$0
Anthony White
Immediate Past Chair (thru 11/21)
$0
Dr Robert Zeigler
Treasurer
$0
Martha Tijerina
Secretary
$0
Sheila Marlow Due
Executive Director
$0
Raquel Cardenas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$154,384
Membership dues$0
Fundraising events$0
Related organizations$214,010
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$18,432,155
Noncash contributions included in lines 1a–1f $4,043
Total Revenue from Contributions, Gifts, Grants & Similar$18,800,549
Total Program Service Revenue$0
Investment income $1,139,430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,642,531
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,582,510

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Alamo Colleges Foundation Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Ramseur Family Charitable Foundation

San Antonio, TX

PURPOSE: OPERATING FUND

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,281,704
Net Contributions$1,380,517
Ending Balance$21,662,221

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