Brownsville Community Foundation Inc
- Assets
- $3.2m
- Revenue
- $207.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Brownsville, TX
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 74-2826613
Organization Overview
Brownsville Community Foundation Inc is located in Brownsville, TX. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community 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. Brownsville Community 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, Brownsville Community Foundation Inc generated $207.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.0% each year . All expenses for the organization totaled $157.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Brownsville Community Foundation Inc has awarded 58 individual grants totaling $416,495. 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
THE MISSION OF THE BROWNSVILLE COMMUNITY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN BROWNSVILLE BY PROMOTING PHILANTHROPY, BUILDING PERMANENT CHARITABLE ENDOWMENTS AND ADDRESSING COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS FOUNDATION WAS FORMED TO SERVE THE NEEDS AND PROMOTE THE WELL-BEING OF THE INHABITANTS OF THE METROPOLITAN BROWNSVILLE, TEXAS COMMUNITY BY SOLICITING AND ACCEPTING CONTRIBUTIONS FROM THE GENERAL PUBLIC EXPRESSLY FOR SUCH PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcelsa Arguellos Lawler Vice President | OfficerTrustee | 0 | $0 |
Jennifer Spence Sampayo Secretary | OfficerTrustee | 0 | $0 |
Marcela Ronquillo Hinojosa Treasurer | OfficerTrustee | 0 | $0 |
Maria Michis Chairman | Trustee | 0 | $0 |
Carlos E Varela President | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,151 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,651 |
| Total Program Service Revenue | $0 |
| Investment income | $121,541 |
| 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 | $207,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,000 |
| 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 | $80,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,521 |
| Advertising and promotion | $1,510 |
| Office expenses | $3,264 |
| 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 | $1,587 |
| All other expenses | $0 |
| Total functional expenses | $157,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,186 |
| 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 | $1,274 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,082,400 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,226,219 |
| Accounts payable and accrued expenses | $748 |
| 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 | $18,007 |
| Total liabilities | $18,755 |
| Net assets without donor restrictions | $2,471,966 |
| Net assets with donor restrictions | $735,498 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,226,219 |
Grants Awarded
Over the last fiscal year, Brownsville Community Foundation Inc has awarded $136,135 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF SOCAM COUNTY | | | $15,000 |
SUNSHINE HAVEN INC | | | $10,000 |
BROWNSVILLE SOC PERFORM ARTS | | | $8,909 |
Brownsville, TX | | $8,909 |
BIG HERO TEXAS | | | $8,909 |
TIP OP TEXAS FAMILY OUTREACH | | | $8,909 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Brownsville Community Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX | $387,395,879 | $137,312,103 |
Austin Community Foundation Austin, TX | $433,764,301 | $88,798,773 |
San Antonio Area Foundation San Antonio, TX | $587,345,748 | $192,937,536 |
The Greater New Orleans Foundation New Orleans, LA | $406,748,750 | $50,799,913 |
Arkansas Community Foundation Inc Little Rock, AR | $560,797,819 | $112,679,416 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of North Texas Fort Worth, TX | $520,525,998 | $72,575,782 |
Baton Rouge Area Foundation Baton Rouge, LA | $293,247,071 | $35,030,558 |
Astros Golf Foundation Houston, TX | $9,630,590 | $24,941,045 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |