EIN 23-7079589

Cy-Fair Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
State
Year formed
1970
Most recent tax filings
2022-06-01
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
$-156,963
2022
Total expenses
$1,248,645
2022
Total assets
$14,636,250
2022
Num. employees
3
2022

Program areas at Cy-Fair Educational Foundation

College Scholarships - Cy-Fair Educational Foundatation awarded college scholarships to 103 students. Scholarship recipients are evaluated based on economic necessity, academic achievement, leadership qualities, and other donor-imposed criteria. This programs 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 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
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$55,300
Interlinc Family FoundationTo Provide Support for the Organization's Program Services.$28,000
Memorial Hermann Health SystemSupport Charitable Programs$19,700
...and 10 more grants received

Personnel at Cy-Fair Educational Foundation

NameTitleCompensation
Marie HolmesExecutive Director$107,963
Keith GrothausTreasurer / Vice Chair$0
Mark HenrySecretary$0
Mark McShaffryChair$0
Bryan GinsburgScholarship Chair$0
...and 3 more key personnel

Financials for Cy-Fair Educational Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,129,405
Program services$0
Investment income and dividends$-1,653,985
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$367,617
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$-156,963

Form 990s for Cy-Fair Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-062022-05-31990View PDF
2020-062022-03-23990View PDF
2019-062021-03-12990View PDF
2018-062019-07-31990View PDF
2017-062018-04-18990View PDF
...and 7 more Form 990s
Data update history
June 26, 2023
Updated personnel
Identified 32 new personnel
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Chun-Cheng Cheng Charitable and Educational Foundation
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Received grants
Identified 2 new grant, including a grant for $8,000 from Memorial Hermann Health System
October 2, 2021
Received grants
Identified 2 new grant, including a grant for $24,000 from Interlinc Family Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible 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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