Eecu Community Foundation
- Assets
- $197.3k
- Revenue
- $246.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-3400460
Organization Overview
Eecu Community Foundation is located in Fort Worth, TX. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Eecu Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE SUPPORT THE EDUCATION, HEALTH AND WELLBEING OF TEXANS THROUGH SCHOLARSHIPS, FINANCIAL LITERACY, AND OTHER CHARITABLE PROGRAMS THAT PROMOTE PERSONAL INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED TWO NEW $5,000 COLLEGE SCHOLARSHIPS IN 2022 PLUS FUNDED PREVIOUSLY AWARDED COLLEGE SCHOLARSHIPS TOTALING $7,500.
THE FOUNDATION PROVIDED CHARITABLE DONATIONS TOTALING $12,500 IN 2022 TO ASSIST WITH FUNDING OF THE RONALD MCDONALD HOUSE AND GRANBURY ISD EDUCATION FOUNDATION, BOTH 501(C)(3) CHARITABLE ORGANIZATIONS.
THE FOUNDATION HELD ITS FIRST CHARITABLE GOLF TOURNAMENT TO RAISE FUNDS FOR COOK CHILDREN'S NEIGHBORHOOD CLINICS. PROCEEDS OF $50,000 FROM THE TOURNAMENT WERE REMITTED TO COOK CHILDREN'S FOUNDATION. REMAINING PROCEEDS WILL BE USED TO ENHANCE THE FOUNDATION'S COLLEGE SCHOLARSHIP PROGRAM AND PROVIDE ADDITIONAL FUNDING FOR LOCAL CHARITIES. IN CONJUNCTION WITH THE TOURNAMENT, THE FOUNDATION HELD A SILENT AUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Sanger Vice Chairman | OfficerTrustee | 2 | $0 |
Bradley Schone Treasurer | OfficerTrustee | 0 | $0 |
Lonnie Nicholson Chairman | OfficerTrustee | 0 | $0 |
Matt Kaudy Director | OfficerTrustee | 0 | $0 |
Robin Harris Secretary | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,785 |
| Fundraising events | $204,978 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,633 |
| Noncash contributions included in lines 1a–1f | $14,824 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,396 |
| Total Program Service Revenue | $0 |
| Investment income | $861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $862 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $10,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $365 |
| Information technology | $2,400 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,100 |
| All other expenses | $0 |
| Total functional expenses | $165,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,788 |
| Savings and temporary cash investments | $193,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,454 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,302 |
| Accounts payable and accrued expenses | $35,751 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $35,751 |
| 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 | $161,551 |
| Total liabilities and net assets/fund balances | $197,302 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eecu Community Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legett Foundation Abilene, TX | $82,883,497 | $23,683,505 |
Kickapoo Springs Foundation Abilene, TX | $72,184,356 | $14,228,741 |
L S U Property Foundation Baton Rouge, LA | $15,333,183 | $5,972,139 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
Liberty Ukraine Foundation Austin, TX | $882,212 | $2,684,973 |
Friend Ships Lake Charles, LA | $2,732,214 | $1,634,834 |
Trinity Oaks Enterprises San Antonio, TX | $6,662,220 | $1,110,541 |
At&t Employee Relief Fund Dallas, TX | $5,954,314 | $1,646,484 |
The Manna Center Siloam Springs, AR | $826,207 | $1,196,710 |
Holt Foundation San Antonio, TX | $3,165,417 | $1,736,930 |
Pauls Valley General Hospital Foundation Pauls Valley, OK | $1,892,753 | $1,057,903 |
Wilson Charitable Tr Jacksonville, AR | $1,312,947 | $53,064 |