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Grapevine-Colleyville Isd Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752756537 ✦ Grapevine, TX ✦ Designated as a 501(c)(3)

Overview

What is Grapevine-Colleyville Isd Education Foundation?

The Grapevine-Colleyville Isd Education Foundation is a nonprofit organization based in Grapevine, Texas, specifically at 3051 IRA E Woods Avenue, 76051. Its primary purpose is to manage a permanent endowment, which is invested in publicly traded marketable securities. This endowment serves as a source of funds for supporting various campus activities, scholarships, awards, and other grant programs within the Grapevine-Colleyville Independent School District. The foundation relies on an Investment Committee, comprised of board members and volunteers, to hire investment advisors and oversee investment and spending policies. The earnings from this endowment are utilized for the intended purposes as per the donors' wishes. In essence, the Grapevine-Colleyville Isd Education Foundation works towards enhancing the quality of education and opportunities for students within the school district by generating and distributing resources.


Official website here: www.gcedfoundation.org

Is Grapevine-Colleyville Isd Education Foundation legitimate?

Grapevine-Colleyville Isd Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grapevine-Colleyville Isd Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $82,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,599

For more financial information, click here


Official website here: www.gcedfoundation.org

What is the mission statement of Grapevine-Colleyville Isd Education Foundation?

The Grapevine-Colleyville Education Foundation's mission is to enrich the educational experiences of students by providing resources for programs and projects that enhance their opportunities. This is achieved by managing a permanent endowment, which is invested in publicly traded securities by professional investment advisors. An investment committee, comprising of board members and volunteers, oversees the investment and spending policies, utilizing the earnings from the endowment for the intended purposes, as decided by the donors. The foundation aims to support campus activities, scholarships, awards, and other grant programs, thereby enhancing the quality of education.


Official website here: www.gcedfoundation.org

Who is the CEO of Grapevine-Colleyville Isd Education Foundation?

Jane Richards is the Executive Dir. of Grapevine-Colleyville Isd Education Foundation.


Official website here: www.gcedfoundation.org

What is the revenue of Grapevine-Colleyville Isd Education Foundation?

Grapevine-Colleyville Isd Education Foundation's revenue in 2023 was $463,355.


Official website here: www.gcedfoundation.org

Who are the executives of Grapevine-Colleyville Isd Education Foundation and what are their salaries?

The average compensation at Grapevine-Colleyville Isd Education Foundation during 2023 was $64,800. There are 2 employees and 22 volunteers at Grapevine-Colleyville Isd Education Foundation.

Here are 18 key members and their salaries:

    Jane Richards (Executive Dir.)
  • Compensation: $82,000
  • Related: $0
  • Other: $0

    • Lavon Bolech (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Perfect (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth Ann Meek (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leann Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Haley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Ridley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roderick Capelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leon Leal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iva Mishra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeannie O'Neil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Pardo (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Farbisz (President Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachael Abell (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kay Allen (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dewayne Smart (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Deakin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gcedfoundation.org

    Where can I find the form 990 for Grapevine-Colleyville Isd Education Foundation?

    The Grapevine-Colleyville Isd Education Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.gcedfoundation.org

    Learn more at the official website: www.gcedfoundation.org

    Mission Statement of Grapevine-Colleyville Isd Education Foundation

    The Grapevine-Colleyville Education Foundation is committed to augmenting the resources available to the Grapevine-Colleyville Independent School District. Its mission lies in providing financial support for programs and projects that aim to improve the educational quality and opportunities for students within the district. The foundation manages a perpetual endowment, which is invested in publicly traded marketable securities overseen by professional investment advisors. An investment committee, comprised of board members and volunteers, hires these advisors and sets investment and spending policies. The earnings derived from this endowment are utilized for the intended purposes as dictated by the donors, thus enhancing the educational experiences of students within the district.

    Impact

    This information is meant to be a general summary of Grapevine-Colleyville Isd Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Grapevine-Colleyville ISD Education Foundation's impact is significant in enhancing the quality of education and opportunities for students within the Grapevine-Colleyville Independent School District. Through generating and distributing resources, the foundation supports various programs and projects that benefit students. Additionally, the foundation manages a permanent endowment to provide support for campus activities, scholarships, awards, and grant programs. This ensures that students have access to additional resources and opportunities that contribute to their academic success and personal growth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $104,256
  • Program Service Revenue: $32,907
  • Gross Receipts: $1,251,035

    • Assets and Liabilities:
  • Total Assets: $2,504,421
  • Total Liabilities: $173,054
  • Net Assets: $2,331,367
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM INCOME

    Revenue

    $32,907

    Organization Details

    Founding Year

    1998

    Principal Officer

    Jane Richards

    Main Address

    3051 IRA E WOODS AVENUE, GRAPEVINE, TX, 76051

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Grapevine-Colleyville Isd Education Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.