EIN 75-2756537

Grapevine-Colleyville Isd Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
State
Year formed
1998
Most recent tax filings
2023-06-01
Description
GCISD Education Foundation generates funds to enhance education opportunities for students through grants and a permanent endowment.
Total revenues
$463,355
2023
Total expenses
$421,788
2023
Total assets
$2,504,421
2023
Num. employees
2
2023

Program areas at Grapevine-Colleyville Isd Education Foundation

The Foundation manages a permanent endowment to support campus activities, scholarships, awards, and other grant programs. The endowment is invested in publicly traded marketable securities managed by professional investment advisors. An investment committee made up of board members and other volunteers hire the investment advisors and oversee investment and spending policies. Endowment earnings are utilized for the purpose intended by the donors.
The Foundation administers a corporate sponsorship/sports marketing program on behalf of the school district.
Grants were awarded for classroom, school or district-wide projects within GCISD. These grants are funded by annual campaign donations, net proceeds from special events, and donor designated contributions. Grant proposals are evaluated by a volunteer committee of Board members and community volunteers. In addition, the Foundation hosted two special events: a luncheon to welcome newly-hired teachers, and an Academic Recognition Banquet honoring top-ranked graduating seniors, distinguished teachers, and the GCISD teachers and paraprofessional of the year.

Who funds Grapevine-Colleyville Isd Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schmieding FoundationVarious$4,000
AmazonSmile FoundationGeneral Support$576

Personnel at Grapevine-Colleyville Isd Education Foundation

NameTitleCompensation
Jane RichardsExecutive Director$82,000
Lauren HeierOffice Manager
Karen DeakinPresident$0
Rachael AbellVice President$0
Kim FarbiszPresident$0
...and 12 more key personnel

Financials for Grapevine-Colleyville Isd Education Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$329,476
Program services$32,907
Investment income and dividends$81,124
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$23,132
Net income from fundraising events$-3,284
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$463,355

Form 990s for Grapevine-Colleyville Isd Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-03990View PDF
2022-062022-12-06990View PDF
2021-062022-07-19990View PDF
2020-062022-04-11990View PDF
2020-062022-03-28990View PDF
...and 9 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $4,000 from Schmieding Foundation
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 7, 2023
Updated personnel
Identified 6 new personnel
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
3051 Ira E Woods Ave
Grapevine, TX 76051
Metro area
Dallas-Fort Worth-Arlington, TX
County
Tarrant County, TX
Website URL
gcedfoundation.org/ 
Phone
(817) 251-5480
IRS details
EIN
75-2756537
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1998
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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