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Also known as: DEVELOPMENT FDN INC
Rio-South Texas Education And Community Development Foundation Inc. is a private corporation based in MISSION, TX. The foundation received its IRS ruling in 1974. It holds total assets of $44M. Annual income is reported at $19.5M. The foundation operates in the area of education. According to available records, Rio-South Texas Education And Community Development Foundation Inc. has made 13 grants totaling $6.6M, with a median grant of $310K. Annual giving has grown from $56K in 2020 to $5.1M in 2022. Individual grants have ranged from $5K to $1.5M, with an average award of $510K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Rio-South Texas Education And Community Development Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in TX.
Rio-South Texas Education And Community Development Foundation Inc. has distributed a total of $6.6M across 13 grants. The median grant size is $310K, with an average of $510K. Individual grants have ranged from $5K to $1.5M.
Rio-South Texas Education And Community Development Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rio-South Texas Education And Community Development Foundation Inc. is headquartered in MISSION, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ms Patricia A Beard | CHIEF EXECUTIVE OFFICER | $93K | $15K | $108K |
| Mr Adam Gonzalez | SR. VICE PRESIDENT | $76K | $12K | $88K |
| Ms Mari Mann-Silva | VICE PRESIDENT | $71K | $11K | $82K |
| Ms Mary Hernandez | VICE PRESIDENT | $50K | $10K | $60K |
| James Notzon | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2.5M
Total Assets
$37.1M
Fair Market Value
$37.1M
Net Worth
$37.1M
Grants Paid
$2M
Contributions
$0
Net Investment Income
$599K
Distribution Amount
$1.9M
Total Grants
13
Total Giving
$6.6M
Average Grant
$510K
Median Grant
$310K
Unique Recipients
7
Most Common Grant
$125K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The University Of Texas-Rio Grande ValleyRIO-SOUTH TEXAS EDUCATION AND COMMUNITY DEVELOPMENT FOUNDATION ENDOWED SCHOLARSHIP | Mcallen, TX | $1.5M | 2022 |
| The Tstc FoundationGOAL LINE ASSISTANCE, CTE STUDENT RECRUITMENT, TECHNICAL TRAINING ENHANCEMENTS | Harlingen, TX | $900K | 2022 |
| Lcc Education FoundationGET TO THE FINISH LINE | Laredo, TX | $125K | 2022 |
| Texas A&M International UniversityENDOWED PROFESSORSHIP IN COMPUTER ENGINEERING AND ENDOWMENT FOR SCHOLARSHIPS FOR COMPUTER ENGINEERING | Laredo, TX | $750K | 2021 |
| South Texas CollegeGRANTS FOR THE ADVANCED ROBOTICS INDUSTRIAL AUTOMATION PROGRAM, DESTINATION GRADUATION, POSTSECONDARY CAREER PATHWAYS IN HEALTHCARE, INFORMATION TECHNOLOGY, AND MANUFACTURING PROGRAM |
| Mr Walter Reyna | SECRETARY-TREASURER | $0 | $0 | $0 |
| Mr Eddie Cano | DIRECTOR | $0 | $0 | $0 |
| Mr Keith Patridge | DIRECTOR | $0 | $0 | $0 |
| Rene Alcala | DIRECTOR | $0 | $0 | $0 |
| Mr James E Moore | CHAIR | $0 | $0 | $0 |
| Dr Miguel Nevarez | VICE CHAIR | $0 | $0 | $0 |
| Mcallen, TX |
| $387K |
| 2021 |
| The Imaginarium Of South TexasIMAGINE TUTORS | Laredo, TX | $50K | 2021 |
| St Joseph Catholic SchoolHONORARIUM: L. ARON PENA, SR | Edinburg, TX | $25K | 2021 |
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