2024-05-15T04:46:09-07:00 2023-06-30 453695464 H&C PLLC 14207 Withersdale Drive Houston TX 77070 990 2022-07-01 161675255 FEI HOUSTON SCHOLARSHIP FOUNDATION FEIH 7132996618 1321 ANTOINE DRIVE HOUSTON TX 77055 COLLEEN ESTES TREASURER 7132996618 2024-04-30 true COLLEEN ESTES XXX-XX-XXXX true Christopher A Hopkins P00450296 7139273537 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z FEI HOUSTON SCHOLARSHIP FOUNDATION EVELYN ANGELLE 13822 DRY CREEK RANCH RD CYPRESS TX 77429 199417 false X feihoustonfoundation.org/index.php X 2003 TX The FEI Houston Scholarship Foundation provides scholarships in the amount of $5,000 each to 11 finance/accounting students, and $14,000 each to two finance/accounting students, selected by their colleges and universities based on the criteria noted in Part III, Section 1 below. 10 10 0 100 0 0 175683 164046 0 26070 33832 -128683 1539 73070 199417 83000 83000 0 0 0 0 29285 27997 112285 110997 -39215 88420 789153 879215 720 2362 788433 876853 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 2023. Students are selected by the Deans of the colleges and universities based on financial needs, grades and activities on campus and in the community. false false 110997 83000 199417 The FEI Scholarship Foundation provided scholarships in the amount of $5,000 each to 11 finance/accounting students ($55,000), and 2 finance/accounting students ($14,000 each), selected by their colleges and universities based on the criteria noted in Part III, Section 1 above. Expenses include professional and administrative costs of $27,997. 110997 true true false false false false false false false true false false false false false false true false false false false false false false false false false false true false false false false false false false true false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false X 10 10 false false false false true true true true true false false true true true true false false false false false TX X X COLLEEN ESTES 7132996618 8107 WINDSWEPT LANE HOUSTON TX 77063 X MARK FEHRS HAUKOHL CHAIRMAN & DIRECTOR 2.00 X X 0 0 0 EVELYN ANGELLE PRESIDENT & DIRECTOR 2.00 X X 0 0 0 DEBORAH CLARK SECRETARY & DIRECTOR 2.00 X X 0 0 0 M COLLEEN ESTES TREASURER & DIRECTOR 2.00 X X 0 0 0 RASHEED ABDULMALIK DIRECTOR 2.00 X 0 0 0 ANDREW NOBBAY DIRECTOR 2.00 X 0 0 0 RICH ROSENBERG DIRECTOR 2.00 X 0 0 0 ARTURIS SPENCER III DIRECTOR 2.00 X 0 0 0 MIKE VITEK DIRECTOR 2.00 X 0 0 0 LISA BORDELON DIRECTOR 2.00 X 0 0 0 0 0 0 false false false 164046 4800 164046 33832 0 33832 INVESTMENT INCOME-UNREALIZED GAINS 900099 29779 0 0 29779 INVESTMENT INCOME-REALIZED LOSSES 900099 -28240 0 0 -28240 1539 199417 0 0 35371 83000 83000 13440 13440 0 0 7500 7500 0 0 7057 7057 0 0 110997 110997 0 0 108680 66922 114865 110121 565608 702172 789153 879215 720 2362 720 2362 X 604183 670603 184250 206250 788433 876853 789153 879215 X 88420 X false true X true false X 0 93035 103127 106332 149183 172546 624223 0 0 93035 103127 106332 149183 172546 624223 242343 381880 21262 26046 27547 26070 33832 134757 0 0 758980 0.36300 0.32500 X 0 0 0 Pt II Ln 17a Part II, Section C, Lines 17a and 17b -See attached Facts and Circumstances Test Memo RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53909 50000 3697 107606 37678 23500 -7269 53909 31833 750 5095 37678 27405 4750 -322 31833 25561 1500 344 27405 1.00000 false false 199417 199417 199417 110997 110997 110997 Pt XI, Line 4b Disregard, no "other" amounts reflected on this line item Pt V, Line 4 In accordance with the investment policy, the objective of the endowment fund is to create growth while enabling an annual drawdown for current operating purposes, including scholarships. Investment returns are accumulated in net assets with donor restrictions until appropriated for expenditure. true CASH SCHOLARSHIP AWARDS FOR COLLEGE 13 83000 0 ACTUAL CASH VALUE NONE Other Cash Scholarship Awards are distributed only to students attending the selected universities and colleges within the state of Texas. Awards are approved by the Board of Directors after detailed review and approval of their application. Other Checks are signed and mailed directly to the universities and colleges, to be credited to student's account for tuition and fees. Other The Scholarship receipients are acknowledged at an Annual Academic Honors Day Program held in Houston, Texas. The Professors and Deans of the recipient universities attend the event as well. ANGELLE SERVICES OFFICER 4800 BOOKKEEPING & ACCOUNTING SVCS false Pt VI, Line 10b The Form 990 is prepared by a paid preparer, a Certified Public Accountant with over 25 years of experience. The Foundation's books and records and the audited financial statements are used to prepare the Form 990. At the completion of the preparation of the return, it is distributed electronically to the Directors for their review. Comments and questions are sent back to the Treasurer for further investigation. Changes are made to the Form 990 and supporting schedules as appropriate and required. Pt VI, Line 11b The governing documents of the FEI Scholarship Foundation can be found on the website at info.feihouston.org. The annual audited financial statements as well as the tax returns are also posted on the FEI Houston Scholarship Foundation website. Pt VI, Line 7b see schedule R, Part VII regarding governance decisions of the Member. Pt XI Line 5, net realized losses of $28,240 and net unrealized gains of $29,779 are included in line 1 total of $199,417. Pt VI, Line 6 See list of trustees/directors under section VII. Pt VI, Line 7a there were none Pt VI, Line 12c Conflict of Interest policy responses were reviewed by the Secretary; there were no conflicts of interest. FINANCIAL EXECUTIVES OF HOUSTON INC 1321 ANTOINE ST HOUSTON TX 77055 746061063 CAREER DEVELOPMENT PROGRAMS TX 501(c)(6) N/A NONE false false false true false false false false false false false false false false false false false false false false 1) FEI Houston Scholarship Foundation has one Member, Financial Executives of Houston Inc. The Member shall exercise such rights and perform such duties as required or permitted by law, the Articles of Incorporation or the Bylaws. The following matters are reserved to the Member and shall require the affirmative action of the Member to be effective: a) merger, acquisition or consolidation of the FEI Scholarship Foundation; b) borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or simarilar action; and c) removal of directors.