San Antonio Foundation For Excellence In Education Inc

Organization Overview

San Antonio Foundation For Excellence In Education Inc, operating under the name SAISD Foundation, is located in San Antonio, TX. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, SAISD Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. SAISD 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 12/2023, SAISD Foundation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, SAISD Foundation has awarded 46 individual grants totaling $27,271,757. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO MOBILIZE THE COMMUNITY TO INVEST IN STUDENT AND TEACHER SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INNOVATIVE GRANTS TO SAISD TO HELP SCHOOLS IN THE DISTRICT TO IMPLEMENT AND ACHEIEVE THEIR STRATEGIC INITIATIVES. STUDENT SCHOLARSHIP AWARDS TO SAISD STUDENTS FOR HIGHER EDUCATION. TEACHER GRANTS SERVING SAISD STUDENTS. TOTAL STUDENTS SERVED: APPROX 40,000


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Board, Officers & Key Employees

Name (title)Compensation
Shari Albright
Board Chair
$0
Mike Grundon
Treasurer
$0
Carlos Maestas
Development
$0
Mario Barrera
Governance & Human Resources
$0
Ernest Bromley
Immediate Past Chair
$0
Rick Crider
Programs
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$288,006
Related organizations$0
Government grants $30,000
All other contributions, gifts, grants, and similar amounts not included above$2,368,709
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,686,715
Total Program Service Revenue$0
Investment income $161,652
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 $2,862,009

Grants Awarded

Over the last fiscal year, San Antonio Foundation For Excellence In Education Inc has awarded $385,191 in support to 9 organizations.

Grant RecipientAmount

SAN ANTONIO INDEPENDENT SCHOOL DISTRICT

PURPOSE: Grants to schools

$210,067

DONORSCHOOSEORG

PURPOSE: Mini Grants

$75,000

TEXAS A&M UNIVERSITY

PURPOSE: Scholarships

$15,432

TEXAS STATE UNIVERSITY

PURPOSE: Scholarships

$9,779

TEXAS A&M UNIVERSITY-SAN ANTONIO

PURPOSE: Scholarships

$9,172

TRINITY UNIVERSITY

PURPOSE: Scholarships

$11,605
View Grant Profile

Peer Organizations

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