Overview
What is Associated General Contractors Of Texas Scholarship Foundation?
The Associated General Contractors of Texas Scholarship Foundation is a nonprofit organization based in Austin, Texas. Their primary mission is to raise funds for providing educational scholarships to future builders of America's highways, utility systems, and industrial construction projects within the state of Texas. In 2022, they successfully raised over $740,000 and disseminated over $750,000 in scholarships to 32 eligible recipients. The foundation operates from a PO Box location in Austin, Texas.
Official website here: www.agctx.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Associated General Contractors of Texas Scholarship Foundation has achieved an impressive 96% rating, highlighting its strong accountability and financial practices. This score is solely derived from its Accountability & Finance metrics, indicating a robust commitment to transparency and responsible management of resources.
The foundation boasts a fully independent board, which contributes to its high score in governance. With all board members being independent and a solid structure for oversight, the organization demonstrates a clear commitment to ethical standards and effective oversight. Additionally, the foundation has a perfect score in areas such as financial statements and conflict of interest policies, reflecting its dedication to sound management practices.
One notable strength of the nonprofit is its program expense ratio, which stands at an exceptional 100%. This indicates that all its expenditures are directed towards its mission, emphasizing efficiency in fund utilization. No significant limitations or concerns were noted in the data, suggesting that the organization operates effectively and maintains a high level of integrity in its financial dealings.
This AI summary has been generated from information found on Charity Navigator.
Is Associated General Contractors Of Texas Scholarship Foundation legitimate?
Associated General Contractors Of Texas Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Associated General Contractors Of Texas Scholarship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.agctx.org
What is the mission statement of Associated General Contractors Of Texas Scholarship Foundation?
The Associated General Contractors of Texas Scholarship Foundation's mission is centered around raising funds with the aim of providing educational scholarships to budding builders in the fields of highways, utility systems, and industrial construction projects across Texas. By doing so, they aim to invest in the future generation of professionals in this sector, thereby contributing to the nation's infrastructure development. In 2022, the foundation successfully raised over $740,000 and disbursed over $750,000 in scholarships to 32 eligible recipients.
Official website here: www.agctx.org
Who is the CEO of Associated General Contractors Of Texas Scholarship Foundation?
Jennifer Woodard is the Executive Trustee of Associated General Contractors Of Texas Scholarship Foundation. The CEO's salary of Associated General Contractors Of Texas Scholarship Foundation is $0 and their total compensation is $714,921.
Official website here: www.agctx.org
What is the revenue of Associated General Contractors Of Texas Scholarship Foundation?
Associated General Contractors Of Texas Scholarship Foundation's revenue in 2022 was $741,806.
Official website here: www.agctx.org
Who are the executives of Associated General Contractors Of Texas Scholarship Foundation and what are their salaries?
Here are 5 key members and their salaries (Associated General Contractors Of Texas Scholarship Foundation's CEO's salary is $0 and their total compensation is $714,921):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $665,000
- Other: $49,921
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $115,010
- Other: $14,375
Official website here: www.agctx.org
Where can I find the form 990 for Associated General Contractors Of Texas Scholarship Foundation?
Associated General Contractors Of Texas Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.agctx.org
Learn more at the official website: www.agctx.org
Mission Statement of Associated General Contractors Of Texas Scholarship Foundation
The Associated General Contractors of Texas Scholarship Foundation is a dedicated organization with a mission to support the future builders of America's highways, utility systems, and industrial construction projects. This mission is achieved through the raising of funds, which are then utilized to provide educational scholarships to talented individuals in the field within the state of Texas. In 2022, the foundation managed to accumulate over $740,000 in scholarship funds and dispensed over $750,000 of these funds to 32 eligible recipients. By doing so, the Associated General Contractors of Texas Scholarship Foundation plays a significant role in fostering the growth and development of the construction industry in Texas, ensuring a continued supply of skilled professionals to contribute to the nation's infrastructure.
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Impact
July, 2024
The Associated General Contractors of Texas Scholarship Foundation has a significant impact on the future builders of America's highways, utility systems, and industrial construction projects in the state of Texas. In 2022, the foundation raised over $740,000 in scholarship funds and distributed over $750,000 to 32 eligible recipients. These scholarships provide financial support to deserving individuals who are pursuing education and training in the construction industry, helping to develop a skilled workforce for the state of Texas.
This information is meant to be a general summary of Associated General Contractors Of Texas 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.
- Gross Receipts: $741,806
Assets and Liabilities:
- Total Assets: $1,345,733
- Total Liabilities: $0
- Net Assets: $1,345,733
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Organization Details
Founding Year
2017
Phone
(512) 478-4691Principal Officer
Jennifer Woodard
Main Address
PO BOX 2185, AUSTIN, TX, 78768
Website
www.agctx.orgNTEE Category
Code: B82 - Education
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