The Tstc Foundation

Organization Overview

The Tstc Foundation is located in Waco, TX. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Tstc 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, Tstc Foundation generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $3.4m during the year ending 08/2023. While expenses have increased by 9.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Tstc Foundation has awarded 19 individual grants totaling $24,399,199. 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 COMPLEMENT THE STATE OF TEXAS' SUPPORT OF THE COLLEGES BY PROVIDING FINANCIAL SUPPORT FOR NEW AND ONGOING PROJECTS AND ACTIVITIES IN THE AREAS OF RESEARCH, EDUCATION AND COMMUNITY SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONDUCTED SUCCESSFUL FUND RAISING THROUGH DIRECT MAIL, SOLICITED DONORS, AND PERSONAL VISITS. MADE AWARDS TO DESERVING STUDENTS AND FACULTY. ASSISTED IN STUDENT RECRUITMENT AND TEXTBOOK PURCHASES FOR REMEDIAL CLASSES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Michael Smith
Executive Director
$0
Charlie Rigney
Treasurer
$0
Roland Adamson
1st Vice Chairman
$0
Harold Rafuse
Chairman
$0
Jonathan Newton
Secretary
$0
Charlie Hervey
Asst Treasurer
$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$11,233,915
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,233,915
Total Program Service Revenue$0
Investment income $467,925
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$349,569
Net Gain/Loss on Asset Sales $22,315
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,411,781

Grants Awarded

Over the last fiscal year, The Tstc Foundation has awarded $1,144,471 in support to 2 organizations.

Grant RecipientAmount

TEXAS STATE TECHNICAL COLLEGE

PURPOSE: EQUIPMENT FOR COLLEGE TO TRAIN AND EDUCATE STUDENTSO TRAIN AND EDUCATE STUDENTS

$903,028

TEXAS STATE TECHNICAL COLLEGE

PURPOSE: FORT BEND ITC EXPANSION,REIMB FOR PBE & VETERANS SALARIES,ABILENE OP EXPFORT BEND ITC EXPANSION

$241,443
View Grant Profile

Peer Organizations

Organization NameAssets
At&t Foundation
Dallas, TX
$207,934
J F Maddox Foundation
Hobbs, NM
$16,076,297
New Mexico Educational Assistance Foundation
Albuquerque, NM
$13,989,676
Post Oak School
Bellaire, TX
$14,910,457
Native Forward Scholars Fund
Albuquerque, NM
$12,987,939
Robert G Carr & Nona K Carr Scholarship Foundation
San Angelo, TX
$8,534,752
Abell-Hanger Foundation
Midland, TX
$12,645,800
Brazos Higher Education Service Corporation Inc
Waco, TX
$16,305,011
Indigenous Education Inc
Albuquerque, NM
$7,848,383
Higher Education Servicing Corp In
Arlington, TX
$11,853,938
Enoch Trust
Dallas, TX
$16,018,486
The Forte Foundation
Austin, TX
$6,790,586
Smart Bowling Scholarship Funding Corporation
Arlington, TX
$16,570,188
Panhandle-Plains Higher Education Foundation
Canyon, TX
$6,170,024
Opportunity Scholarship Fund
Tulsa, OK
$5,332,646
Usaa Educational Foundation
San Antonio, TX
$5,652,279
New Mexico Student Loan Guarantee Corporation
Albuquerque, NM
$5,481,016
Kimberly-Clark Foundation Inc
Irving, TX
$4,502,695
El Dorado Promise Inc
Houston, TX
$1,166,382
Education Is Freedom Foundation
Dallas, TX
$5,042,271
Paticum Foundation
Dallas, TX
$4,969,945
Buccaneer Commission Inc Memorial Coliseum
Corpus Christi, TX
$3,854,394
William S & Ann Atherton Foundation
Tulsa, OK
$2,178,382
San Antonio Livestock Exposition Educational Fund Inc
San Antonio, TX
$3,724,362
Educational First Steps
Dallas, TX
$3,698,254

Create an account to unlock the data you need.

or