Public Charity

FEI HOUSTON SCHOLARSHIP FOUNDATION

FEI HOUSTON SCHOLARSHIP FOUNDATION, of HOUSTON, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $236K in revenue, $109K in expenses, $1.0M in total assets. 11 publicly reported grants to this organization, totaling roughly $113K, appear in IRS filings.

EIN: 161675255 HOUSTON, TX Latest filing: 2024
Total Revenue$236K
Total Expenses$109K
Total Assets$1.0M
Grant Records11
Funding Total$113K
Filing Years2020–2024

Mission

To provide college scholarships to 13 finance and accounting students from Greater Houston/Galveston colleges and universities in conjunction with an annual Financial Executives of Houston Inc. Academic Honors Day in February 2024. Students are selected by the Deans of the colleges and universities based on financial needs, grades and activities on campus and in the community.

Officers & Directors

DIRECTOR Abigail Winn
DIRECTOR Andrew Nobbay
PRESIDENT & DIRECTOR Arturis Spencer Iii
SECRETARY & DIRECTOR Deborah Clark
CHAIRMAN & DIRECTOR Evelyn Angelle
DIRECTOR Laura Fulton

Officer compensation and complete director data available with membership.

Top Grant Purposes

$30,000 designated for 12 college scholarships. $14,000 designated for increasing the Foundation's endowment. $3,300 designated for paying 12 months of administrative management fees for the Foundation (billed by the management company at $275 per month).
$47,300 1 grant
EDUCATION
$25,250 4 grants
GENERAL SUPPORT
$18,207 2 grants
Education
$10,000 1 grant
For grant recipient's exempt purposes
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $236K $109K $1.0M
2023 $199K $111K $879K
2022 $73K $112K $789K
2021 $135K $96K $831K
2020 $122K $101K $811K

Between 2020 and 2024, reported annual revenue grew from $122K to $236K (+94%), with total assets most recently reported at $1.0M.

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

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