Alvin I S D Education Foundation Inc

Organization Overview

Alvin I S D Education Foundation Inc is located in Alvin, TX. The organization was established in 1998. 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. Alvin I S D Education 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 12/2021, Alvin I S D Education Foundation Inc generated $448.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $293.9k during the year ending 12/2021. While expenses have increased by 9.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUPPORT ALVIN ISD IN ITS EDUCATIONAL ENDEVOURS

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ARE GIVEN TO TEACHERS TO ALLOW THEM TO CARRY OUT INNOVATIVE TEACHING IDEAS THAT ARE NOT ABLE TO BE FUNDED BY THE DISTRICT. APPROX 4500 STUDENTS BENEFITED.


SCHOLARSHIPS ARE GIVEN TO AISD GRADUATING STUDENTS AS WELL AS STAFF TO HELP FURTHER THEIR EDUCATION. APPROX 31 INDIVIDUALS BENEFITED.


GRANTS ARE GIVEN TO ALL NEW TEACHERS IN THE SCHOOL DISTRICT TO ASSIST THEM IN PURCHASING SUPPLIES FOR THEIR SCHOOL ROOMS. APPROX 3700 STUDENTS BENEFITED.


OTHER PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Shelia Olson
Executive Director
$70,575
Melba Ervin
President
$0
Lorilyn Wynn
Secretary
$0
Joy Korth
Treasurer
$0
David Becker
Past President
$0
Scot Bryant
Vice President
$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$5,554
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,554
Total Program Service Revenue$0
Investment income $77,384
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $31,076
Net Income from Fundraising Events $334,478
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $448,492

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Alvin I S D Education Foundation Inc has recieved totaling $63,579.

Awarding OrganizationAmount
Ascend Cares Foundation

Houston, TX

PURPOSE: General Support

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$19,750
Ineos Ican Foundation

League City, TX

PURPOSE: EDUCATIONAL ASSISTAN

$14,000
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: TO CONTINUE THE GREAT WORK OF THE ALVIN ISD EDUCATION FOUNDATION

$7,500
Shell Oil Company Foundation

Houston, TX

PURPOSE: MG

$1,025
Shell Oil Company Foundation

Houston, TX

PURPOSE: MEF

$1,000
View Grant Recipient Profile

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