Public Charity

Foundation for a Globally Competitive Texas

Foundation for a Globally Competitive Texas is a Public Charity headquartered in Austin, TX. Financial data from the 2025 filing: $273K revenue, $309K expenses, $390K total assets. 7 publicly reported grants to this organization, totaling roughly $706K, appear in IRS filings.

EIN: 205645189 Austin, TX Research Institutes & Public Policy Analysis NTEE: B05 Latest filing: 2025
Total Revenue$273K
Total Expenses$309K
Total Assets$390K
Grant Records7
Funding Total$706K
Filing Years2021–2025

Mission

The Foundation for a Globally Competitive Texas (FGCT) was created to facilitate the growth of Texas in a global business environment. The Foundation advises state and national policy makers on issues critical to Texas' economic growth with timely and fact-based information.

Where $100 goes at Foundation for a Globally Competitive Texas

How Foundation for a Globally Competitive Texas divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$95 Programs the work itself
$5 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 $95 for programs

$95
Provide and coordinate research on public policy issues that affect Texas' global competitiveness, including economic development, federal issues, public and higher education, and infrastructure
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Brian Haley
Treasurer Colleen Mchugh
Director Gay Gaddis
Director Jason Schenker
Executive Dir/Secretary Justin Yancy
Director Kyndel Bennett

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$300,000 1 grant
Health & Medicine
$200,000 2 grants
General Support
$101,000 2 grants
Economic Development
$100,000 1 grant
Research & Policy
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $273K $309K $390K
2024 $633K $264K $425K
2023 $205K $240K $56K
2022 $118K $147K $90K
2021 $295K $219K $119K

Between 2021 and 2025, reported annual revenue declined from $295K to $273K (-7%), with total assets most recently reported at $390K.

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

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