Private Foundation

RIO-SOUTH TEXAS EDUCATION AND COMMUNITY DEVELOPMENT FOUNDATION INC

RIO-SOUTH TEXAS EDUCATION AND COMMUNITY DEVELOPMENT FOUNDATION INC is a Private Foundation headquartered in MISSION, TX. Financial data from the 2024 filing: $1.3M revenue, $3.0M expenses, $44.0M total assets. IRS filings disclose 24 grants awarded by this foundation, totaling roughly $6.6M.

EIN: 237393210 MISSION, TX Support N.E.C. NTEE: B19 Latest filing: 2024
Total Revenue$1.3M
Total Expenses$3.0M
Total Assets$44.0M
Grants Given24
Grant Total$6.6M
Filing Years2020–2024

Where $100 goes at Rio-South Texas Education and Community Development Foundation Inc

How Rio-South Texas Education and Community Development Foundation Inc divides every $100 it spends, from its own Form 990 filings.

$13 Programs the work itself
$87 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $13 for programs

$13
The organization's mission is to ensure residents acquire skills and knowledge and have access to economic opportunities to pursue meaningful careers and live prosperous lives in rio south…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Rio-South Texas Education and Community Development Foundation Inc

Preselected only Doesn't accept unsolicited requests for funds, per its 2024 Form 990-PF.

Often funds new orgs 69% of recent recipients were first-time grantees (2021–2023).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

THE UNIVERSITY OF TEXAS RIO GRANDE VALLEY
MCALLEN, TX · 2023
THE RIO-SOUTH TEXAS EDUCATION AND COMMUNITY DEVELOPMENT FOUNDATION ENDOWED SCHOLARSHIP SHALL BE A PERMANENT ENDOWMENT AND SHALL BE FOR THE USE AND BENEFIT OF UTRGV. FUNDS DISTRIBUTED FROM THE ENDOWMENT SHALL BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS TO INCREASE ATTAINMNET OF MASTER AND DOCTORAL DEGREES IN THE FIELDS OF AGRICULTURE, FOOD, NATURAL RESOURCES, BUSINESS, FINANCE, MARKETING, EDUCATION, HEALTH SCIENCE, INFORMATION TECHNOLOGY, MANUFACTURING, OR STEM.
$1,000,000
TEXAS A&M INTERNATIONAL UNIVERSITY ALUMNI ASSOCIATION
LAREDO, TX · 2023
AWARDS SCHOLARSHIPS TO TEXAS A&M INTERNATIONAL UNIVERSITY STUDENTS ELIGIBLE FOR THE CLOSER THAN EVER PROGRAM.
$250,000
TEXAS A&M FOUNDATION
COLLEGE STATION, TX · 2023
CREATES AN ENDOWED SCHOLARSHIP FOR THE CONSTRUCTION SCIENCE PROGRAM AT THE TEXAS A&M UNIVERSITY HIGHER EDUCATION CENTER IN MCALLEN.
$250,000
SOUTH TEXAS COLLEGE EDUCATION FOUNDATION
MCALLEN, TX · 2023
PROVIDES "LAST-DOLLAR" SCHOLARSHIPS TO HIDALGO AND STARR COUNTY STUDENTS UNDER THE STC PROMISE PRGRAM. A LAST DOLLAR SCHOLARSHIP REFERS TO FUNDS THAT COVER FINANCIAL GAPS NOT PROVIDED THRU FEDERAL FINANCIAL AID OR STATE AID. STC PROMISE PROGRAM WILL PROVIDE ADDITIONAL SUPPORT FOR STUDENTS TO TRANSITION TO SOUTH TEXAS COLLEGE AND COMPLETE THE EDUCATION JOURNEY THEY STARTED IN HIGH SCHOOL.
$250,000
THE TSTC FOUNDATION
HARLINGEN, TX · 2023
PROVIDES SUPPORT OF TSTC'S GOAL LINE ASSISTANCE PROGRAM WHICH ASSISTS TSTC STUDENTS WHO ARE WITHIN THREE SEMESTERS OF GRADUATION WHO ARE FACING A FINANCIAL CRISIS. PROGRAM WILL ASSIST STUDENTS IN TECHNICAL PROGRAMS SUCH AS BUSINESS MANAGEMENT, EDUCATION, ALLIED HEALTH, NURSING, IT, MANUFACTURING, AND WELDING.
$200,000

Showing up to 5 of 24 total records — full history available with membership.

Officers & Directors

DIRECTOR Dr Joel Solis
DIRECTOR Dr Kelly Nassour
SECRETARY-TREASURER Dr Miguel A Nevarez
CHIEF EXECUTIVE OFFICER Mr Adam Gonzalez
DIRECTOR Mr David Oliveira
DIRECTOR Mr Frank Almaraz

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$5,323,961 14 grants
Health & Medicine
$713,960 3 grants
Research & Policy
$310,250 1 grant
General Support
$45,000 2 grants
Economic Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $3.0M $44.0M
2023 $248K $616K $39.0M
2022 $-292K $2.5M $37.1M
2021 $12.4M $2.9M $43.6M
2020 $366K $962K $40.4M

Between 2020 and 2024, reported annual revenue grew from $366K to $1.3M (+248%), with total assets most recently reported at $44.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

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