EIN 23-7079589

Cy-Fair Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
State
Year formed
1970
Most recent tax filings
2024-06-01
Description
The Cy-Fair Educational Foundation exists to increase college access for graduates of Cy-Fair ISD by awarding scholarships and to promote excellence in teaching by providing staff development grants. The foundation awarded college scholarships to 103 students, evaluating them based on economic necessity, academic achievement, leadership qualities, and other donor-imposed criteria. Additionally, the foundation provides a grant each year to the Cy-Fair ISD from a portion of the proceeds of the Salute to the Stars fundraising event, which is used to promote excellence in teaching.
Total revenues
$3,410,723
2024
Total expenses
$1,337,479
2024
Total assets
$18,840,573
2024
Num. employees
5
2024

Program areas at Cy-Fair Educational Foundation

College scholarships - Cy-Fair Educational Foundation awarded college scholarships to 151 students. Scholarship recipients are evaluated based on economic necessity, academic achievement, leadership qualities, and other donor-imposed criteria. This program's objective is to increase college access for graduates of Cy-Fair isd.
Staff development grant - Cy-Fair Educational Foundation provides a grant each year to the Cy-Fair isd from a portion of the proceeds of the "salute to the stars" fundraising event. The grant is to be used by the Cy-Fair isd to promote excellence in teaching by funding selected staff development.

Who funds Cy-Fair Educational Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustEducation$50,250
Houston Methodist Leading MedicineSponsorship$41,720
Memorial Hermann Health SystemSupport Charitable Programs$30,600
...and 11 more grants received

Financials for Cy-Fair Educational Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$1,071,219
Program services$0
Investment income and dividends$1,952,059
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$387,445
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,410,723

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Data update history
August 3, 2025
Posted financials
Added Form 990 for fiscal year 2024
August 1, 2025
Updated personnel
Identified 1 new personnel
June 30, 2025
Received grants
Identified 9 new grant, including a grant for $41,720 from Houston Methodist Leading Medicine
January 5, 2025
Received grants
Identified 3 new grant, including a grant for $21,050 from Greater Houston Community Foundation
October 24, 2024
Updated personnel
Identified 9 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 1698
Cypress, TX 77410
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
thecfef.org/ 
Phone
(281) 370-0144
IRS details
EIN
23-7079589
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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