Overview
What is Texas Prepaid Tuition Scholarship Foundation?
The Texas Prepaid Tuition Scholarship Foundation is a nonprofit organization primarily focused on purchasing and distributing prepaid tuition scholarships to residents of Texas. In the fiscal year ending August 31, 2021, the foundation did not grant any new scholarships but continued to support an existing scholarship recipient through a prepaid contract. The primary mission of the foundation remains dedicated to providing financial assistance for higher education to eligible Texas residents.
Is Texas Prepaid Tuition Scholarship Foundation legitimate?
Texas Prepaid Tuition Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Prepaid Tuition Scholarship Foundation 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.
What is the mission statement of Texas Prepaid Tuition Scholarship Foundation?
The Texas Prepaid Tuition Scholarship Foundation's primary mission is focused on purchasing and granting prepaid tuition scholarships to residents of the state. Despite not awarding any new scholarships during the year ending August 31, 2021, the organization continued to support an active scholarship recipient through a maintained prepaid contract. In essence, the foundation's aim is to facilitate higher education opportunities for Texas residents by providing prepaid tuition scholarships.
Who is the CEO of Texas Prepaid Tuition Scholarship Foundation?
Glenn Hegar is the Executive Director of Texas Prepaid Tuition Scholarship Foundation.
What is the revenue of Texas Prepaid Tuition Scholarship Foundation?
Texas Prepaid Tuition Scholarship Foundation's revenue in 2022 was $178.
Who are the executives of Texas Prepaid Tuition Scholarship Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Texas Prepaid Tuition Scholarship Foundation?
Texas Prepaid Tuition Scholarship Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Texas Prepaid Tuition Scholarship Foundation
The Texas Prepaid Tuition Scholarship Foundation's primary mission is centered around purchasing and granting prepaid tuition scholarships to residents of the state of Texas. During the fiscal year ending August 31, 2021, the organization did not issue any new scholarships, but it continued to manage a prepaid contract for an active scholarship recipient. The organization's mission is to provide financial aid for higher education, enabling eligible Texas residents to plan and pay for their future tuition costs in advance. By doing so, the foundation aims to alleviate the burden of escalating education costs and ensure that residents have access to quality education.
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Impact
October, 2024
The Texas Prepaid Tuition Scholarship Foundation plays a crucial role in making higher education more accessible for residents of Texas by providing prepaid tuition scholarships. These scholarships can alleviate the financial burden of college expenses, allowing families to plan and save for their children's education.
Although there were no new scholarships awarded in the year ending August 31, 2021, the foundation still maintained a contract for one active scholarship recipient, demonstrating its ongoing commitment to supporting individuals in their educational journeys. By facilitating the purchase of prepaid tuition, the foundation helps ensure that students can focus on their studies without excessive financial worry, ultimately contributing to a more educated workforce in Texas.
This information is meant to be a general summary of Texas Prepaid Tuition Scholarship Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $178
- Gross Receipts: $178
Assets and Liabilities:
- Total Assets: $75,442
- Total Liabilities: $46,361
- Net Assets: $29,081
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Organization Details
Phone
(512) 463-2072Principal Officer
Glenn Hegar
Main Address
111 E 17th St, Austin, TX, 78704
NTEE Category
Code: B82Z - Education
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