Howard College Foundation

Organization Overview

Howard College Foundation is located in Big Spring, TX. The organization was established in 1981. 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. Howard 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 08/2023, Howard College Foundation generated $373.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $1.1m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL SUPPORT TO HOWARD COUNTY JUNIOR COLLEGE DISTRICT BY FUNDING GRANTS TO THE COLLEGE AND PROVIDING FUNDING FOR SCHOLARSHIP AWARDS ADMINISTERED BY THE COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND GRANTS FOR HOWARD COUNTY JUNIOR COLLEGE. THE FOUNDATION ONLY PROVIDES FUNDING; ALL ADMINISTRATION OF AWARDS IS PERFORMED BY THE COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Nolan Dominguez
Director
$0
Jan Foresyth
Director
$0
John Freeman
Director
$0
Lorie Little
Director
$0
Maxwell Barr
Director
$0
Donna White
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$221,473
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$221,473
Total Program Service Revenue$0
Investment income $152,165
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 $373,638

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