Trellis Foundation
- Assets
- $405.7m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Round Rock, TX
- Founding
- Data as of
- 09/2023
- EIN
- 81-4714749
Organization Overview
Trellis Foundation is located in Round Rock, TX. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Trellis Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trellis 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 09/2023, Trellis Foundation generated $5.6m 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 (11.0%) each year. All expenses for the organization totaled $5.4m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Trellis Foundation has awarded 104 individual grants totaling $14,665,941. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED BY TRELLIS COMPANY ("TRELLIS"), THE TRELLIS FOUNDATION ("THE FOUNDATION") IS A PUBLIC CHARITABLE ORGANIZATION BUILT ON A 40-YEAR HERITAGE OF SUPPORTING STUDENTS AND FAMILIES IN TEXAS WHO ARE PURSUING THEIR EDUCATIONAL AND CAREER DREAMS. TRELLIS FOUNDATION FOCUSES ON IMPROVING ATTAINMENT FOR LOW-TO MODERATE-INCOME STUDENTS WHO MAY NOT OTHERWISE HAVE AN OPPORTUNITY TO EARN A POSTSECONDARY CREDENTIAL OR DEGREE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRELLIS FOUNDATION ADVANCES EQUITABLE EDUCATIONAL OPPORTUNITIES IN TEXAS BY SUPPORTING POSTSECONDARY PROGRAMS, PRACTICES AND SYSTEMS THAT REDUCE DISPARITIES AND LEAD TO SUCCESS FOR LOW-INCOME STUDENTS AND STUDENTS OF COLOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Milliron PHD Chair | OfficerTrustee | 2 | $0 |
Dora Ann Verde Vice Chair | OfficerTrustee | 2 | $0 |
Alma Garcia Board Member | Trustee | 2 | $0 |
Josh Hunt Board Member | Trustee | 2 | $0 |
Richard Rhodes PHD Board Member | Trustee | 2 | $0 |
Suzanne Walsh JD Board Member | Trustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $9,245,955 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,628,428 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,617,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,528,920 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $230,807 |
| Compensation of current officers, directors, key employees. | $71,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $298,239 |
| Pension plan accruals and contributions | $17,606 |
| Other employee benefits | $7,329 |
| Payroll taxes | $37,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,896 |
| Fees for services: Accounting | $109,221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $510,594 |
| Fees for services: Other | $348,131 |
| Advertising and promotion | $3,810 |
| Office expenses | $18,536 |
| Information technology | $33,633 |
| Royalties | $0 |
| Occupancy | $2,087 |
| Travel | $69,625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,941 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,506 |
| All other expenses | $0 |
| Total functional expenses | $5,395,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,321,579 |
| Savings and temporary cash investments | $22,997,502 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $826,058 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $49,006 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $380,515,519 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $405,709,664 |
| Accounts payable and accrued expenses | $950,418 |
| Grants payable | $1,547,834 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,259 |
| Total liabilities | $2,522,511 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $403,187,153 |
| Total liabilities and net assets/fund balances | $405,709,664 |
Grants Awarded
Over the last fiscal year, Trellis Foundation has awarded $3,718,850 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION OF COLLEGES & UNIVERSITIES PURPOSE: CAPACITY | $74,050 |
ASPEN INSTITUTE PURPOSE: STRATEGIC | $100,300 |
ASSOCIATED BUILDERS & CONTRACTORS MERIT SHOP TRAINING PROGRAM INC PURPOSE: GENERAL OPERATIONS | $100,000 |
AUSTIN BLACK PHYSICIANS ASSOCIATION PURPOSE: GENERAL OPERATIONS | $50,000 |
BREAKTHROUGH CENTRAL TEXAS PURPOSE: GENERAL OPERATIONS | $100,000 |
CAPITAL IDEA HOUSTON PURPOSE: GENERAL OPERATIONS | $100,000 |