Tau Trustees Educational Foundation Inc
- Assets
- $738.6k
- Revenue
- $125.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 04/1984
- Data as of
- 12/2022
- EIN
- 75-1886641
Organization Overview
Tau Trustees Educational Foundation Inc is located in Austin, TX. The organization was established in 1984. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, 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. Tau Trustees Educational 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 12/2022, Tau Trustees Educational Foundation Inc generated $125.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (64.4%) each year. All expenses for the organization totaled $195.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Tau Trustees Educational Foundation Inc has awarded 164 individual grants totaling $1,039,125. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Sabom President | 0.1 | $0 | |
John R Warren Jr Vice-President | 0.2 | $0 | |
Michael B Sharpe Secretary/treasurer | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $125 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,900 |
| Contributions, gifts, grants paid | $192,500 |
| Total expenses and disbursements | $195,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,623 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,750 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $591,258 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $738,631 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tau Trustees Educational Foundation Inc has awarded $192,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS KAPPA SIGMA EDUCATIONAL FOUNDATION INC PURPOSE: EDUCATIONALPURPOSES | $150,000 |
CARSON BURCH PURPOSE: SCHOLARSHIP | $2,250 |
NICK CERASUOLO PURPOSE: SCHOLARSHIP | $2,500 |
RYAN CHIANG PURPOSE: SCHOLARSHIP | $1,500 |
ETHAN CRAFT PURPOSE: SCHOLARSHIP | $4,500 |
JACOB FILIP PURPOSE: SCHOLARSHIP | $1,250 |