Public Charity

GVEC CHARITABLE FOUNDATION

GVEC CHARITABLE FOUNDATION is a Public Charity headquartered in GONZALES, TX. Financial data from the 2024 filing: $412K revenue, $413K expenses, $181K total assets. IRS filings disclose 143 grants awarded by this foundation, totaling roughly $2.5M.

EIN: 453420216 GONZALES, TX Housing Expense Reduction Support NTEE: L82 Latest filing: 2024
Total Revenue$412K
Total Expenses$413K
Total Assets$181K
Grants Given143
Grant Total$2.5M
Filing Years2020–2024

Mission

TO PROVIDE FUNDING ASSISTANCE TO LOCAL NON-PROFIT GROUPS AND CIVIC ORGANIZATIONS FOR COMMUNITY DEVELOPMENT AND IMPROVEMENT PROJECTS AND PROVIDE ASSISTANCE FOR LOW INCOME INDIVIDUALS WITHIN THE GUADALUPE VALLEY ELECTRIC COOPERATIVE SERVICE AREA.

Where $100 goes at Gvec Charitable Foundation

How Gvec Charitable Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$99 Programs the work itself
$1 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 $99 for programs

$99
To provide assistance to needy individuals with their utility bills and through donations to local non-profit groups and civic organizations
All program spending · Reported in the filing: 186 individuals
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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 Gvec Charitable Foundation

Often funds new orgs 89% of recent recipients were first-time grantees (2022–2024).

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

Sample Grants Given

CITY OF NEW BERLIN
NEW BERLIN, TX · 2024
WALKING TRACK
$20,000
GONZALES COUNTY VETERANS MEMORIAL ASSOCIATION
GONZALES, TX · 2024
VETERANS MEMORIAL
$20,000
CITY OF CIBOLO
CIBOLO, TX · 2024
CIBOLO'S PARTNERED TRAILWAYS PROJECT
$20,000
NEW BRAUNFELS, TX · 2024
SANCTUARY OF PLAY AND HEALING
$20,000
MEYERSVILLE ISD
MEYERSVILLE, TX · 2024
LIGHT UP PARKING SAFETY
$20,000

Showing up to 5 of 143 total records — full history available with membership.

Officers & Directors

SECRETARY/TREASURER Ceason Barnick
PRESIDENT Gary Korn
VICE PRESIDENT Sean Alvarez

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$608,786 34 grants
Sports & Recreation
$161,134 9 grants
Education
$154,601 9 grants
Environment & Conservation
$135,000 7 grants
Health & Medicine
$80,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $412K $413K $181K
2023 $389K $342K $182K
2022 $367K $401K $135K
2021 $369K $355K $170K
2020 $368K $369K $160K

Between 2020 and 2024, reported annual revenue grew from $368K to $412K (+12%), with total assets most recently reported at $181K.

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.

See the full picture for GVEC CHARITABLE FOUNDATION

Complete financials, all 143 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
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