2024-11-15T17:05:10-06:00 2023-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2023-01-01 742728765 WACO ISD EDUCATION FOUNDATION WACO 2547559510 PO BOX 2369 WACO TX 76703 STEVE MYATT TREASURER 2547559510 2024-11-15 1 0 SHARON M HERWALD CPA P00079864 2547724901 2023 2024-10-15 13:58:12Z STEVE MYATT PO BOX 2369 WACO TX 76703 506109 0 X WWW.WACOISDFOUNDATION.ORG X 1994 TX THE WACO ISD EDUCATION FOUNDATION STRIVES TO FUND CREATIVE, EDUCATIONAL PROGRAMS AND PROJECTS NOT COVERED BY SCHOOL BUDGETS OR TAX DOLLARS, THUS OUR MOTTO, "RAISING THE POWER OF EDUCATION!" MORE THAN 93% OF ALL FOUNDATION EXPENSES FUND WACO ISD CLASSROOM GRANTS AND STUDENT SCHOLARSHIPS. THE FOUNDATION WAS FOUNDED FOR THE PURPOSE OF RECEIVING AND DISBURSING FUNDS, PROPERTY AND GIFTS OF ANY KIND EXCLUSIVELY FOR THE BENEFIT OF THE WACO INDEPENDENT SCHOOL DISTRICT. 26 26 0 36 0 0 95606 185003 0 0 183585 40331 118371 128593 397562 353927 264077 240659 0 0 0 0 0 0 1137 26372 17284 290449 257943 107113 95984 5243333 5959042 248077 231483 4995256 5727559 X THE WACO ISD EDUCATION FOUNDATION STRIVES TO FUND CREATIVE, EDUCATIONAL PROGRAMS AND PROJECTS NOT COVERED BY SCHOOL BUDGETS OR TAX DOLLARS, THUS OUR MOTTO, "RAISING THE POWER OF EDUCATION!" MORE THAN 93% OF ALL FOUNDATION EXPENSES FUND WACO ISD CLASSROOM GRANTS AND STUDENT SCHOLARSHIPS. THE FOUNDATION WAS FOUNDED FOR THE PURPOSE OF RECEIVING AND DISBURSING FUNDS, PROPERTY AND GIFTS OF ANY KIND EXCLUSIVELY FOR THE BENEFIT OF THE WACO INDEPENDENT SCHOOL DISTRICT. 0 0 196784 196784 BY FUNDING INNOVATIVE EDUCATOR GRANTS, THE WACO ISD EDUCATION FOUNDATION IS ABLE TO IMPACT OUR STUDENTS, TEACHERS, CLASSROOMS AND ENTIRE DISTRICT. THE FOUNDATION SEEKS TO PROVIDE FUNDING FOR WACO ISD TEACHERS AND SCHOOLS BY AWARDING GRANTS IN FOUR FOCUS AREAS: EARLY CHILDHOOD DEVELOPMENT, ENHANCED PROGRAMMING FOR ADVANCED STUDENTS, EXTENDED EDUCATION FOR STAFF, AND EMPHASIS ON STUDENT PERFORMANCE. TO DATE, THE FOUNDATION HAS AWARDED OVER $2,259,072 IN 618 GRANTS TO WISD TEACHERS. 43875 43875 SCHOLARSHIPS ARE AN OPPORTUNITY TO RECOGNIZE STUDENTS FOR THEIR ACADEMIC ACHIEVEMENTS, LEADERSHIP AND COMMUNITY INVOLVEMENT AS WELL AS A CONDUIT TO PROVIDE HIGHER EDUCATION OPPORTUNIIES. SCHOLARSHIPS ARE ALSO A GREAT MEMORIAL TO LOVED ONES AND PROVIDE A LASTING LEGACY. TO DATE, THE FOUNDATION HAS AWARDED $480,850 IN SCHOLARSHIPS TO WACO ISD GRADUATES. 240659 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X STEPHANIE HINES 2547559510 501 FRANKLIN AVE 3RD FLOOR WACO TX 76701 TAYLOR BLEDSOE CHAIR 2.00 X X 0 0 0 CHARLOTTE HENDERSON VICE CHAIR 1.00 X X 0 0 0 RACHEL WILDE SECRETARY 1.00 X X 0 0 0 STEVE MYATT TREASURER 1.00 X X 0 0 0 DR SUSAN KINCANNON DIRECTOR 1.00 X 0 0 0 TONY BROWN DIRECTOR 1.00 X 0 0 0 DAN CASTILLO DIRECTOR 1.00 X 0 0 0 JULIE CARLSON DIRECTOR 1.00 X 0 0 0 ANNA CLARK-MARTINEZ DIRECTOR 1.00 X 0 0 0 RUTH JACKSON DIRECTOR 1.00 X 0 0 0 BRYAN FONVILLE DIRECTOR 1.00 X 0 0 0 KIRA HANEY DIRECTOR 1.00 X 0 0 0 LONDRIA GILMORE DIRECTOR 1.00 X 0 0 0 KIM KLARAS DIRECTOR 1.00 X 0 0 0 MEGAN HENDERSON DIRECTOR 1.00 X 0 0 0 ROMAN NOVIAN DIRECTOR 1.00 X 0 0 0 JIM PATTON DIRECTOR 1.00 X 0 0 0 ROCKI HORNE DIRECTOR 1.00 X 0 0 0 MARYANN RIGGS DIRECTOR 1.00 X 0 0 0 KHRISTIAN HOWARD DIRECTOR 1.00 X 0 0 0 TY ANDERSON DIRECTOR 1.00 X 0 0 0 EMILY HUNT-HINOJOSA DIRECTOR 1.00 X 0 0 0 MELISSA JOHNSON DIRECTOR 1.00 X 0 0 0 KELLY LAWSON DIRECTOR 1.00 X 0 0 0 ANNETTE PEREZ DIRECTOR 1.00 X 0 0 0 DR HAZEL ROWE DIRECTOR 1.00 X 0 0 0 EVERETT PHIPPS 1213-1231 DIRECTOR 1.00 X 0 0 0 TYLER TALBERT 1213-1231 DIRECTOR 1.00 X 0 0 0 STEPHANIE HINES EXECUTIVE DIRECTOR 20.00 X X 73328 0 6057 73328 0 6057 0 0 0 0 0 115111 69892 185003 148194 148194 107863 -107863 -107863 -107863 83070 115111 44319 38751 38751 RETURNED/UNUSED GRANTS 900099 89842 89842 89842 353927 89842 0 79082 169284 169284 71375 71375 5745 5745 150 150 4057 2920 1137 3624 3624 2157 2157 TEACHER APPRECIATION 1551 1551 257943 240659 16147 1137 15594 27588 173736 213773 10000 20000 1000 1000 5043003 5696681 5243333 5959042 41002 13500 196575 178483 10500 39500 248077 231483 X 1999138 2639302 2996118 3088257 4995256 5727559 5243333 5959042 95984 675879 -39560 0 X X 0 1 X 1 0 X 214546 144569 202912 220787 99467 882281 214546 144569 202912 220787 99467 882281 882281 49263 65420 142263 166326 148194 571466 1453747 0.60690 0.68640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5043002 713238 20000 39560 5696680 5876917 -784062 10000 39853 5043002 5175893 761832 20000 40808 5876917 4669745 539088 32940 5175893 4032685 734219 65000 32159 4669745 0.45790 0.38230 0.15980 0 0 0 WACO FOUNDATION ENDOWMENT FUNDS 5696681 F 5696681 X 991146 675879 675879 315267 39560 -900 38660 353927 258843 0 258843 -900 -900 257943 PART V, LINE 4: TO GENERATE SUFFICIENT EARNINGS TO PROVIDE 1) COLLEGE SCHOLARSHIPS TO GRADUATES OF WACO ISD AND 2) GRANTS FOR WACO ISD CLASSROOMS. PART X, LINE 2: THE FOUNDATION IS A TAX EXEMPT ENTITY FOR FEDERAL INCOME TAX PURPOSES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS LONG AS THE INCOME DERIVED IS FROM THE ACTIVITIES FOR WHICH ITS CHARITABLE EXEMPTION WAS GRANTED. UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES AT CORPORATE TAX RATES. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME IN THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. THERE WERE NO UNCERTAIN TAX POSITIONS IN EITHER YEAR. THE FOUNDATION'S TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THE DATE OF FILING. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOUNDATION GRANTS OFFSET AGAINST DESIGNATED OUT EXPENSES RETURN OF UNUSED GRANT FUNDS OFFSET AGAINST EXPENSE ON 990 -900. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOUNDATION GRANTS OFFSET AGAINST DESIGNATED OUT EXPENSES RETURN OF UNUSED GRANT FUNDS OFFSET AGAINST EXPENSE ON 990 -900. CELEBRITY COOK OFF 169736 115111 54625 13867 8280 18329 STAFF DRIVE 28445 28445 3843 198181 115111 83070 13867 8280 22172 44319 38751 1 WACO ISD 501 FRANKLIN WACO TX 76701 746002532 169284 0 TO ASSIST WITH NON BUDGETED DISTRICT EXPENSES, BANQUET, AND GWAMA SPONSORSHIP HURD SCHOLARSHIP 2 20000 TEACHER AWARDS 3 2000 OTHER SCHOLARSHIPS 10 23875 NEW TEACHER GRANTS 85 25500 PART I, LINE 2: THE FOUNDATION HAS A COMPREHENSIVE SYSTEM FOR RECORDING THE USE OF FUNDS AND ACTIVITIES RELATED TO GRANTS. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, SECTION A, QUESTION 5 THE SALARY AND BENEFITS OF THE EXECUTIVE DIRECTOR OF THE WACO ISD EDUCATION FOUNDATION ARE PAID FOR IN FULL BY THE WACO INDEPENDENT SCHOOL DISTRICT. THE NAME, SALARY, AND BENEFITS OF THE EXECUTIVE DIRECTOR ARE LISTED ON FORM 990, PART VII. X AUCTION ITEMS 39 39077 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCUSSION AND SIGNATURE REQUIRED ON CONFLICT OF INTEREST STATEMENT FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR