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Freeman Educ Foundation F0211300

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

EIN: 746149527 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Freeman Educ Foundation F0211300?

The Freeman Educ Foundation F0211300 is a charitable organization based in Texas, United States. Its primary objective is to aid deserving students of good character, who are U.S. citizens and residents of Texas, in securing a college education at institutions within the state. Beyond this, the foundation also supports various charitable organizations as outlined in its trust document. The main function of the Freeman Educ Foundation is to offer financial assistance to these specified beneficiaries.

Is Freeman Educ Foundation F0211300 legitimate?

Freeman Educ Foundation F0211300 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freeman Educ Foundation F0211300 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: $201,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Freeman Educ Foundation F0211300?

The Freeman Educ Foundation F0211300 aims to assist deserving students of good character, who are citizens of both Texas and the United States, in obtaining a college education at institutions within the state of Texas. Additionally, the foundation supports various charitable organizations as outlined in its trust document. This foundation's primary objective is to provide educational opportunities and charitable assistance to those in need.

Who is the CEO of Freeman Educ Foundation F0211300?

Debbie Broemsen is the Principal Officer of Freeman Educ Foundation F0211300.

What is the revenue of Freeman Educ Foundation F0211300?

Freeman Educ Foundation F0211300's revenue in 2022 was $2,698,949.

Who are the executives of Freeman Educ Foundation F0211300 and what are their salaries?


There is 1 key member and their salary:


Frost Bank (Trustee)
  • Compensation: $159,115
  • Related: $0
  • Other: $0
Where can I find the form 990 for Freeman Educ Foundation F0211300?

Freeman Educ Foundation F0211300's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Freeman Educ Foundation F0211300

The Freeman Educ Foundation F0211300, in its mission, aims to aid deserving young individuals of good character who are both United States citizens and residents of Texas. One of its primary objectives is to assist these individuals in pursuing a higher education at colleges or universities within the state of Texas. Additionally, this foundation has a second purpose of providing assistance to the charitable organizations as outlined in its trust documents. By doing so, the Freeman Educ Foundation F0211300 contributes to the education and support of deserving young people and charitable organizations in need.

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Impact




October, 2024

Freeman Educ Foundation F0211300 plays a significant role in enhancing educational opportunities for deserving students in Texas. The foundation focuses on assisting boys and girls of good character who are in need of financial support, ensuring that they have access to college education at institutions within Texas. By providing this vital assistance, the foundation helps to bridge the financial gap that often prevents capable students from pursuing higher education.

Moreover, the foundation also extends its impact by supporting various charitable organizations outlined in its trust document, fostering community development and addressing broader societal needs. This dual approach not only empowers individual students but also contributes to the overall betterment of the community in San Antonio and beyond, creating a cycle of support and opportunity. Through its efforts, Freeman Educ Foundation cultivates a pathway for academic achievement and a brighter future for many young citizens.




This information is meant to be a general summary of Freeman Educ Foundation F0211300. 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
$2,698,949 (2022)
Expenses
$1,304,472 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,658,472
  • Gross Receipts: $19,009,567

Assets and Liabilities:

  • Total Assets: $27,739,289
  • Total Liabilities: $0
  • Net Assets: $27,739,289

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Organization Details

Founding Year

1971

Principal Officer

Debbie Broemsen

Main Address

P O BOX 2950 TAX DEPT FLOOR 5, SAN ANTONIO, TX, 782992950

NTEE Category

Code: T700 - Philanthropy

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