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Foundation For A Globally Competitive Texas

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

EIN: 205645189 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For A Globally Competitive Texas?

The Foundation for a Globally Competitive Texas is a nonprofit organization established in 2006 by Texas business leaders. Situated in Austin, its primary objective is to foster a thriving and competitive Texas in the global market. The foundation conducts research on various public policy matters that impact Texas' competitiveness, such as economic development, federal issues, education, and infrastructure. By gathering and disseminating these findings, it aims to inform and influence state leaders and national policymakers. The organization serves as a bridge between Texas' business sector and the policymaking arena, ensuring that the state remains competitive in the global market.


Official website here: www.txblc.org/foundation-globally-competitive-texas

Is Foundation For A Globally Competitive Texas legitimate?

Foundation For A Globally Competitive Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For A Globally Competitive Texas submitted a form 990EZ, 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.


Official website here: www.txblc.org/foundation-globally-competitive-texas

What is the mission statement of Foundation For A Globally Competitive Texas?

The Foundation for a Globally Competitive Texas, established in 2006 by Texas business leaders, is dedicated to promoting a thriving Texas in a globally competitive market. Its mission involves conducting research on public policy matters that impact Texas' global competitiveness, such as economic development, federal issues, education, and infrastructure. This organization then disseminates its findings and relevant data to the public, state leaders, and national policymakers, aiming to contribute to informed decision-making. The Foundation's primary objective is to facilitate Texas' growth in a competitive global business environment.


Official website here: www.txblc.org/foundation-globally-competitive-texas

Who is the CEO of Foundation For A Globally Competitive Texas?

Colleen Mchugh is the Treasurer of Foundation For A Globally Competitive Texas.


Official website here: www.txblc.org/foundation-globally-competitive-texas

What is the revenue of Foundation For A Globally Competitive Texas?

Foundation For A Globally Competitive Texas's revenue in 2022 was $118,250.


Official website here: www.txblc.org/foundation-globally-competitive-texas

Who are the executives of Foundation For A Globally Competitive Texas and what are their salaries?


Here are 7 key members and their salaries:


Nick Serafy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Mchugh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Eastman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gay Gaddis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody L Hunt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tym Tombar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Yancy (Executive Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.txblc.org/foundation-globally-competitive-texas

Where can I find the form 990EZ for Foundation For A Globally Competitive Texas?

Foundation For A Globally Competitive Texas's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.txblc.org/foundation-globally-competitive-texas

Learn more at the official website: www.txblc.org/foundation-globally-competitive-texas

Mission Statement of Foundation For A Globally Competitive Texas

The Foundation for a Globally Competitive Texas, established by Texas business leaders in 2006, aims to foster the growth of a thriving Texas in a globally competitive business environment. Its primary mission is to conduct and disseminate research on public policy issues that impact Texas' global competitiveness. These areas of focus include economic development, federal matters, public and higher education, and infrastructure. The organization communicates these findings and relevant data to the general public, state leaders, and national policymakers, aiming to influence decisions that promote Texas' prosperity in the global market.

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Impact




October, 2024

The Foundation for a Globally Competitive Texas plays a crucial role in shaping the state’s economic landscape and public policy. Established in 2006 by Texas business leaders, it focuses on enhancing Texas's global competitiveness through extensive research and analysis on key public policy issues. By addressing areas such as economic development, federal issues, public and higher education, and infrastructure, the Foundation provides valuable insights that inform decisions made by state leaders and national policymakers.

Through its research, the Foundation impacts how Texas approaches critical challenges and opportunities in a global context. It facilitates informed discussions among stakeholders and raises public awareness about the importance of strategic policies that promote prosperity and competitiveness. By effectively communicating its findings to both policymakers and the general public, the Foundation helps to ensure that Texas remains a robust player in the global economy, ultimately benefiting its citizens and businesses alike.




This information is meant to be a general summary of Foundation For A Globally Competitive Texas. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$118,250 (2022)
Expenses
$147,407 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $137,500

Assets and Liabilities:

  • Total Assets: $89,794
  • Total Liabilities: $0
  • Net Assets: $89,794

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Organization Details

Principal Officer

Colleen Mchugh

Main Address

816 Congress Avenue 990, Austin, TX, 78701

NTEE Category

Code: B05 - Education

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