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Texas Gas Association Scholarship Fund

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

EIN: 760718474 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Texas Gas Association Scholarship Fund?

The Texas Gas Association Scholarship Fund is a nonprofit organization that offers financial assistance to deserving students. Specifically, it provides ten scholarships annually, with eight awarded to entering freshman members' children and the remaining two for students enrolling in technical schools. The scholarships are valued at $2500 for trade school attendees and $2000 for those pursuing four-year degrees. The scholarship fund's purpose is to support the educational pursuits of these students and demonstrate its commitment to its member companies.

Is Texas Gas Association Scholarship Fund legitimate?

Texas Gas Association Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Gas Association Scholarship Fund 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 Gas Association Scholarship Fund?

The Texas Gas Association Scholarship Fund's primary purpose is to offer financial aid to deserving students. Specifically, it provides scholarships worth $2500 each to entering freshmen and students enrolling in technical schools. Out of these, eight scholarships are allocated for children of member companies annually. Additionally, the fund awards academic scholarships worth $2000 each to nine students attending four-year colleges, as well as scholarships for two students pursuing trade school education. In essence, the Texas Gas Association Scholarship Fund aims to support the educational aspirations of these students.

Who is the CEO of Texas Gas Association Scholarship Fund?

Darrell Cherry is the President of Texas Gas Association Scholarship Fund.

What is the revenue of Texas Gas Association Scholarship Fund?

Texas Gas Association Scholarship Fund's revenue in 2022 was $56,589.

Who are the executives of Texas Gas Association Scholarship Fund and what are their salaries?


Here are 7 key members and their salaries:


Ford Femal (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bob Sims (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trina Loftin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Jennett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kennedy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coleman Sterling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Cherry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Texas Gas Association Scholarship Fund?

Texas Gas Association Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Texas Gas Association Scholarship Fund

The Texas Gas Association Scholarship Fund, in its mission, offers financial assistance to deserving students. Specifically, it provides ten scholarships annually, valued at $2,500 each, to entering freshmen and students pursuing technical education. Furthermore, the fund awards eight scholarships, worth $2,000 each, to the children of its member companies who are entering their first year of a four-year college. Additionally, two scholarships are granted to students enrolling in trade schools. This philanthropic initiative of the Texas Gas Association Scholarship Fund aims to support the educational aspirations of these students, thereby contributing to their future success.

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Impact




August, 2024

The Texas Gas Association Scholarship Fund's impact is evident through its commitment to providing educational opportunities for students in Texas. By awarding scholarships to entering freshmen and students entering technical schools, the fund supports the academic aspirations of young individuals. The scholarships, each valued at $2500, help alleviate financial burdens and enable students to pursue higher education. Additionally, by providing scholarships to member company children and supporting both four-year college attendees and trade school students, the fund is fostering a diverse range of educational pathways. Through its initiatives, the Texas Gas Association Scholarship Fund is contributing to the educational advancement and success of students in the community.




This information is meant to be a general summary of Texas Gas Association Scholarship Fund. 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
$56,589 (2022)
Expenses
$63,239 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Gross Receipts: $56,589

Assets and Liabilities:

  • Total Assets: $330,200
  • Total Liabilities: $0
  • Net Assets: $330,200

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Organization Details

Principal Officer

Darrell Cherry

Main Address

PO BOX 420960, HOUSTON, TX, 772420960

NTEE Category

Code: B82 - Education

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