2024-12-06T08:32:45-06:00 2024-08-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990EZ 2023-09-01 832470779 GLASSCOCK COUNTY EDUCATION FOUNDATION INC GLAS 2102942030 PO BOX 1240 GARDEN CITY TX 79739 KAYLA HARTL TREASURER 2102942030 2024-11-21 1 1 MATT R WILLIS P00419741 8067473806 2024-11-21 X 2023 2024-10-15 13:58:12Z X X N/A X X 13691 X 500 13191 13691 7000 825 265 8090 5601 252059 0 257660 X 21217 13777 230842 243883 252059 257660 0 0 252059 257660 X THE MISSION OF THE GLASSCOCK COUNTY EDUCATION FOUNDATION IS TO PROVIDE SCHOLARSHIPS FOR STUDENTS THAT GRADUATE FROM GLASSCOCK COUNTY INDEPENDENT SCHOOL DISTRICT. DURING 2023-2024, THE FOUNDATION PAID OUT SCHOLARSHIPS TO GRADUATING SENIORS FOR THEIR USE IN PURSUING HIGHER EDUCATION. 7000 7000 7000 JOAN NEIHUES PRESIDENT 1.00 0 0 0 KIM HALFMAN VICE PRESIDENT 1.00 0 0 0 JESSICA HILLGER SECRETARY 1.00 0 0 0 KAYLA HARTL TREASURER 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KAYLA HARTL PO BOX 1240 GARDEN CITY TX 79739 2102942030 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 80000 6200 120750 33500 500 240950 80000 6200 120750 33500 500 240950 214580 26370 44 65 95 2641 13191 16036 256986 0.10260 0.27690 X 2023-24 IS THE 6TH YEAR THE FOUNDATION HAS BEEN IN EXISTENCE. SCHEDULE A, PART II, SECTION C COMPUTATION OF PUBLIC SUPPORT PERCENTAGE IS NOW REQUIRED TO BE COMPLETED. THE FOUNDATION HAS COMPLETED SECTION C FOR BOTH 2022-23 AND 2023-24 AND THE PERCENTAGES WERE BELOW 33 1/3%, BUT ABOVE 10%. THIS IS BECAUSE IN THE FIRST FEW YEARS OF THE FOUNDATION LARGE DONATIONS WERE MADE BY A SMALL GROUP OF DONORS. GOING FORWARD THESE DONORS ARE NO LONGER MAKING DONATIONS AND THE FOUNDATION WILL BE FUNDED BY MORE DONORS MAKING SMALLER DONATIONS. IT IS ANTICIPATED THAT THE FOUNDATION WILL PASS THE PUBLIC SUPPORT TEST IN THE NEXT FEW YEARS. FOR 2023-24 THE FOUNDATION IS CLAIMING PUBLIC CHARITY STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST. FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 10. DESCRIPTION: INTEREST INCOME. AMOUNT: 13,181. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 13,191. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIPS TO GRADUATING SENIORS. GRANTEE NAME: 8 GRADUATING SENIORS. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: N/A. AMOUNT GIVEN: 7,000. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: P.O. BOX RENTAL. AMOUNT: 125. DESCRIPTION: INVESTMENT FEES. AMOUNT: 140. TOTAL TO FORM 990-EZ, LINE 16: 265. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: INVESTMENT IN RBC. BEG. OF YEAR AMOUNT: 230,842. END OF YEAR AMOUNT: 243,883. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.