Overview
What is Texas Interscholastic League Foundation?
The Texas Interscholastic League Foundation is a nonprofit organization situated in Austin, Texas. Their primary mission revolves around granting scholarships to deserving Texas residents who have excelled in academic competitions organized by the University Interscholastic League (UIL) at the state level. By meeting this criterion, these individuals can further their education at accredited universities within Texas. The Foundation, with a modest workforce of one employee, plays a significant role in empowering Texas students by providing them with financial support for higher education.
Official website here: www.tilfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Star rating.
The Texas Interscholastic League Foundation has achieved an impressive score of 99%, reflecting its strong commitment to accountability and effective financial practices. With a Program Expense Ratio of 91.82% and a low Liabilities to Assets Ratio of 0.18%, the organization demonstrates a solid financial footing and efficient use of resources. The majority of board members are independent, which enhances governance and oversight.
Strengths of the foundation include a perfect score in Impact & Measurement, Culture & Community, and Leadership & Adaptability, indicating robust engagement and responsiveness to community needs. The organization has shown a commitment to equity and leadership development, effectively adapting its offerings, such as scholarship cycles and virtual events during the pandemic.
However, while the data highlights significant strengths, specific areas for future improvement or challenges are not explicitly mentioned. Overall, the foundation's strong performance across various metrics signifies a well-managed organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Interscholastic League Foundation legitimate?
Texas Interscholastic League Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Interscholastic League Foundation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $106,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tilfoundation.org
What is the mission statement of Texas Interscholastic League Foundation?
The Texas Interscholastic League Foundation's mission is centered around providing financial assistance. Specifically, it grants scholarships to deserving individuals who are Texas residents, pursuing their higher education at accredited universities within the state. Eligibility for these scholarships is contingent upon the recipient's achievement in the state-level UIL academic competitions. The foundation's aim is to support and empower these students in their academic endeavors.
Official website here: www.tilfoundation.org
Who is the CEO of Texas Interscholastic League Foundation?
Mitchell Long is the President of Texas Interscholastic League Foundation.
Official website here: www.tilfoundation.org
What is the revenue of Texas Interscholastic League Foundation?
Texas Interscholastic League Foundation's revenue in 2022 was $1,801,983.
Official website here: www.tilfoundation.org
Who are the executives of Texas Interscholastic League Foundation and what are their salaries?
The average compensation at Texas Interscholastic League Foundation during 2022 was $106,760. There is 1 employee and 11 volunteers at Texas Interscholastic League Foundation.
Here are 15 key members and their salaries:
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- Other: $103,614
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- Other: $50,252
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- Compensation: $97,825
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- Other: $8,935
Official website here: www.tilfoundation.org
Where can I find the form 990 for Texas Interscholastic League Foundation?
Texas Interscholastic League Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tilfoundation.org
Learn more at the official website: www.tilfoundation.org
Mission Statement of Texas Interscholastic League Foundation
The Texas Interscholastic League Foundation, in its mission, aims to provide scholarships to deserving Texas residents. These individuals are pursuing their higher education at accredited institutions within the state. To be eligible for these scholarships, an individual must have demonstrated exceptional skills in the University Interscholastic League (UIL) academic competitions at the state level in Texas. This foundation plays a crucial role in supporting the educational aspirations of Texas students, thereby contributing to the future of the state's human capital.
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Impact
July, 2024
The Texas Interscholastic League Foundation's impact is significant in supporting Texas residents pursuing higher education at accredited universities in the state. By providing scholarships to students who have excelled in University Interscholastic League academic competitions at the state level, the foundation helps alleviate the financial burden of college tuition and encourages academic achievement. Through its support, the foundation contributes to the educational advancement of Texas residents and helps cultivate a skilled and knowledgeable workforce for the state.
This information is meant to be a general summary of Texas Interscholastic League 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: $872,703
- Gross Receipts: $4,960,553
Assets and Liabilities:
- Total Assets: $17,623,938
- Total Liabilities: $39,700
- Net Assets: $17,584,238
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Organization Details
Founding Year
1959
Phone
(512) 382-0916Principal Officer
Mitchell Long
Main Address
PO BOX 151027, Austin, TX, 78715
Website
www.tilfoundation.orgNTEE Category
Code: B82 - Education
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