Overview
What is Trellis Foundation?
The Trellis Foundation is a charitable organization based in Round Rock, Texas. Established by Trellis Company, the Foundation builds upon a 40-year legacy of supporting students and families in Texas as they pursue their educational and career goals. The Foundation's primary focus is on enhancing postsecondary attainment and affordability, specifically for low-to moderate-income students who might not otherwise have the opportunity to earn credentials or degrees. To achieve this vision, the Trellis Foundation backs innovative ideas and strategies that test and influence practice and policy, aiming to positively impact student decision-making and prudent debt management. Through various programs, the Foundation strives to make higher education more accessible and affordable for a wider population.
Official website here: www.trellisfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
The Trellis Foundation has achieved a high level of accountability and financial health, highlighted by its impressive 94% score, which places it in the Four-Star category. This rating is primarily derived from the organization’s commitment to transparency and responsible financial practices, as indicated by their independent board composition and the thoroughness of their financial oversight mechanisms.
Strengths of the organization include a fully independent board, robust financial oversight, and a strong program expense ratio of 88.34%, suggesting that a significant portion of their funds is directed towards their mission-related activities. Additionally, they maintain a low liabilities to assets ratio, which demonstrates financial stability and prudent management of resources. The foundation also has effective policies in place, including whistleblower and conflict of interest policies.
However, while the fundraising efficiency ratio is notably low at $0.002, indicating it may not be maximizing its fundraising efforts, the overall financial indicators suggest that the Trellis Foundation is effectively leveraging its resources. This high level of accountability and transparency makes it a trustworthy organization for potential donors and beneficiaries alike.
This AI summary has been generated from information found on Charity Navigator.
Is Trellis Foundation legitimate?
Trellis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trellis 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: $210,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,089
For more financial information, click here
Official website here: www.trellisfoundation.org
What is the mission statement of Trellis Foundation?
The Trellis Foundation is committed to enhancing post-secondary education access and affordability for students, particularly those from low-to moderate-income backgrounds who might not otherwise have the opportunity to earn a credential or degree. Through supporting innovative ideas and strategies, the foundation aims to influence practice and policy positively, encouraging prudent student debt and informed decision-making. The organization's efforts are focused on increasing post-secondary attainment rates.
Official website here: www.trellisfoundation.org
Who is the CEO of Trellis Foundation?
Kristin Boyer is the Board President of Trellis Foundation.
Official website here: www.trellisfoundation.org
What is the revenue of Trellis Foundation?
Trellis Foundation's revenue in 2022 was $179,771,374.
Official website here: www.trellisfoundation.org
Who are the executives of Trellis Foundation and what are their salaries?
The average compensation at Trellis Foundation during 2022 was $62,575. There are 6 employees and 7 volunteers at Trellis Foundation.
Here are 9 key members and their salaries:
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- Compensation: $160,815
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- Other: $55,343
Official website here: www.trellisfoundation.org
Where can I find the form 990 for Trellis Foundation?
Trellis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trellisfoundation.org
Learn more at the official website: www.trellisfoundation.org
Mission Statement of Trellis Foundation
The Trellis Foundation, a public charitable organization, is dedicated to enhancing postsecondary education attainment and affordability for low-to moderate-income students. Established by Trellis Company, this foundation builds upon a 40-year legacy of supporting Texas students and families in their educational and career aspirations. The Trellis Foundation's mission is geared towards testing and refining practices and policies that positively influence student decision-making and responsible student borrowing. By doing so, the foundation aims to widen the opportunities for students to earn postsecondary credentials or degrees.
In essence, the Trellis Foundation serves as a catalyst for innovation, scrutinizing and promoting strategies that improve student decision-making and financial literacy surrounding student debt. Through various programs, the foundation strives to make higher education more accessible, ensuring that students are making informed decisions that will lead to a successful future. The impact of the Trellis Foundation reaches beyond individual students, as its work also influences policy and practice on a larger scale, ultimately benefiting the education landscape as a whole.
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Impact
October, 2024
The Trellis Foundation focuses on increasing postsecondary attainment and affordability, especially for low- to moderate-income students. By supporting innovative ideas and strategies, it aims to enhance decision-making regarding education and manage student debt effectively. With a commitment built on 40 years of experience in supporting educational aspirations in Texas, the foundation actively works to create opportunities for students who might otherwise face barriers to earning credentials or degrees. Through various programs, it seeks to inform policy and practice, ensuring that more individuals can pursue and achieve their educational and career goals.
This information is meant to be a general summary of Trellis 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: $12,330,279
- Gross Receipts: $204,759,064
Assets and Liabilities:
- Total Assets: $364,914,250
- Total Liabilities: $2,889,334
- Net Assets: $362,024,916
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Organization Details
Founding Year
2016
Phone
(512) 219-5700Principal Officer
Kristin Boyer
Main Address
PO BOX 5393, ROUND ROCK, TX, 786835393
Website
www.trellisfoundation.orgNTEE Category
Code: P20 - Human services
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