Victoria Teresa Arias Memorial Foundation
- Assets
- $80.7k
- Revenue
- $88.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-2748369
Organization Overview
Victoria Teresa Arias Memorial Foundation is located in Tucson, AZ. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Victoria Teresa Arias Memorial 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 12/2022, Victoria Teresa Arias Memorial Foundation generated $88.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 54.6% each year . All expenses for the organization totaled $130.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Victoria Teresa Arias Memorial Foundation has awarded 37 individual grants totaling $150,863. 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 |
|---|---|---|---|
Lorena Arias Treasurer | 8 | $0 | |
Michael Arias President | 8 | $0 | |
Desiree Sandoval Officer | 0.5 | $0 | |
Valerie Sanchez Vice Preside | 0.5 | $0 | |
Benny Gomez Officer | 0.5 | $0 | |
Patty Sandoval Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,237 |
| Interest on Savings | $0 |
| 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 | -$587 |
| Other Income | $61,115 |
| Total Revenue | $88,765 |
| 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 | $489 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,231 |
| Total operating and administrative expenses | $10,980 |
| Contributions, gifts, grants paid | $119,357 |
| Total expenses and disbursements | $130,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,696 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| 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 | $80,696 |
| 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, Victoria Teresa Arias Memorial Foundation has awarded $119,357 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
VICTORIA FRANCO PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
VICTORIA FRANCO PURPOSE: EDUCATIONAL SUPPORT | $598 |
AZUL NAVARETE PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
AZUL NAVARETE PURPOSE: EDUCATIONAL SUPPORT | $598 |
AARON URIEL ZENTINA JARAMILLO PURPOSE: EDUCATIONAL SCHOLARSHIP | $598 |
AARON URIEL ZENTINA JARAMILLO PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |