Coastal Bend College Foundation

Organization Overview

Coastal Bend College Foundation is located in Beeville, TX. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public 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. Coastal Bend College 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 08/2021, Coastal Bend College Foundation generated $391.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $56.8k during the year ending 08/2021. 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

MEET THE EDUCATIONAL NEEDS OF COASTAL BEND COLLEGE STUDENTS BY PROVIDING SCHOLARSHIPS FOR BOOKS AND TUITION TO STUDENTS IN NEED AND TO STUDENTS WITH SATISFACTORY GRADE POINT AVERAGES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COASTAL BEND COLLEGE FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF ENHANCING THE QUALITY AND TEACHING AT THE COLLEGE BY USING THE BEQUESTS AND DONATIONS RECEIVED BY FUNDING THESE DIFFERENT PROJECTS. THE FOUNDATION HELPS COASTAL BEND COLLEGE MEET THE NEEDS OF THE STUDENTS, COMMUNITIES AND INDUSTRIES IT SERVES.


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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$121,027
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$121,027
Total Program Service Revenue$0
Investment income $79,735
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $14,849
Net Income from Fundraising Events $10,200
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $391,494

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Coastal Bend College Foundation has recieved totaling $10,085.

Awarding OrganizationAmount
Kyle And Gayle Mansker Foundation

Beeville, TX

PURPOSE: CHARITABLE DONATION

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$85
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,029,666
Ending Balance$1,029,666

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