2025-06-02T15:25:14-05:00 2024-08-31 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2023-09-01 752892470 THE TSTC FOUNDATION TSTC 2548674897 3801 CAMPUS DRIVE WACO TX 76705 CLEDIA HERNANDEZ EXECUTIVE DIRECTOR 2548673940 2025-01-22 1 1 NANCY A LIVINGSTON P00115852 2547764190 2025-01-22 2023 2025-03-06 01:10:19Z CLEDIA HERNANDEZ 3801 CAMPUS DRIVE WACO TX 76705 11963989 0 X WWW.TSTC.EDU/DONORS/FOUNDATION X 2000 TX TO COMPLEMENT THE STATE OF TEXAS' SUPPORT OF THE COLLEGES BY PROVIDING FINANCIAL SUPPORT FOR NEW AND ONGOING PROJECTS AND ACTIVITIES IN THE AREAS OF RESEARCH, EDUCATION AND COMMUNITY SERVICE. 10 10 0 10 0 0 11233915 5886715 0 0 490240 1091192 -312374 -194675 11411781 6783232 2934595 11690342 0 0 0 0 0 0 0 478780 582326 3413375 12272668 7998406 -5489436 55373933 46853957 30068401 26612483 25305532 20241474 TO COMPLEMENT THE STATE OF TEXAS' SUPPORT OF THE COLLEGES BY PROVIDING FINANCIAL SUPPORT FOR NEW AND ONGOING PROJECTS AND ACTIVITIES IN THE AREAS OF RESEARCH, EDUCATION AND COMMUNITY SERVICE. 0 0 11808172 11690342 CONDUCTED SUCCESSFUL FUND RAISING THROUGH DIRECT MAIL, SOLICITED DONORS, AND PERSONAL VISITS. MADE AWARDS TO DESERVING STUDENTS AND FACULTY. ASSISTED IN STUDENT RECRUITMENT AND TEXTBOOK PURCHASES FOR REMEDIAL CLASSES. 11808172 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X THE ORGANIZATION 2548674897 3801 CAMPUS DRIVE WACO TX 76705 CLEDIA HERNANDEZ EXECUTIVE DIRECTOR 40.00 X X 0 0 0 CHARLIE RIGNEY TREASURER 1.00 X X 0 0 0 ROLAND ADAMSON 1ST VICE CHAIRMAN 1.00 X X 0 0 0 HAROLD RAFUSE CHAIRMAN 1.00 X X 0 0 0 JONATHAN NEWTON SECRETARY 1.00 X X 0 0 0 CHARLIE HERVEY ASST TREASURER 1.00 X X 0 0 0 CARY MAC ABNEY IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MARK ROBINSON DIRECTOR-EAST TX REGION 1.00 X 0 0 0 LARRY GONZALES DIRECTOR-EAST WILLIAMSON C 1.00 X 0 0 0 DEREK BENAVIDES DIRECTOR-SOUTH TX REGION 1.00 X 0 0 0 JEROLD NICHOLS DIRECTOR-NORTH TX REGION 1.00 X 0 0 0 MICHAEL SMITH EXECUTIVE DIRECTOR(THRU 10/20/23) 40.00 X X 0 115028 18080 PATTI RANZINI EXECUTIVE DIRECTOR(10/21-12/31/23) 40.00 X X 0 36318 3152 0 151346 21232 0 0 0 0 0 5886715 5886715 989161 989161 798702 1053394 -254692 -254692 -254692 4229394 4127363 102031 102031 102031 AFFINITY INCOME 900099 58437 58437 OTHER INCOME 900099 1580 1580 60017 6783232 -194675 0 1091192 9213909 9213909 2476433 2476433 15450 15450 97147 97147 47967 47967 OTHER DISCRETIONARY 245134 63146 181988 FOOD PURCHASES 55006 54684 322 BANK FEES 47482 47482 DUES & MEMBERSHIPS 30746 30746 43394 43394 12272668 11808172 464496 0 13695695 5725208 7764093 4504837 21001528 21490730 1172293 90500 1127043 1081793 11785574 14026389 0 25000 55373933 46853957 1376988 1161946 28691413 25450537 30068401 26612483 X 6120737 6916895 19184795 13324579 25305532 20241474 55373933 46853957 -5489436 425378 0 X X 0 1 X 1 0 X 4816793 3546377 4091997 11233915 5886715 29575797 4816793 3546377 4091997 11233915 5886715 29575797 768074 28807723 307591 536929 1235448 1310071 1787863 5177902 60017 60017 34813716 0.82750 0.84130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 47762 1 14354 0 1 71336 133452 0 PART II-B, LINE 1: LINE 1F-SPONSORSHIPS,DONATIONS AND MEMBERSHIP FEES PAID TO OTHER ORGANIZATIONS FOR LOBBYING PURPOSES - $47,762 LINE 1G - 1. MEALS FOR MEETINGS WITH LEGISLATORS,LEGISLATOR STAFF AND OTHER GOVERNMENT OFFICIALS - $12,270 2. BUSINESS OUTINGS WITH LEGISLATORS AND OTHER GOVERNMENT OFFICIALS - $1,904 3. PARKING FOR MEALS AND BUSINESS OUTINGS - $23 4. GIFTS FOR LEGISLATORS AND STAFF - $157 TOTAL - $14,354 LINE 1I - CONSULTING SERVICES FROM LOBBYISTS - $71,336 19184795 5787751 580268 11690342 537893 13324579 10390221 11016045 224900 1790124 656247 19184795 9329049 4056646 -267921 1231127 1496426 10390221 8766786 3373977 1228705 1583009 9329049 6964281 4814943 963798 2048640 8766786 0.26562 0.73438 0 0 124393 124393 1047900 90500 957400 1081793 X 9275751 425378 1013747 1053394 2492519 6783232 0 6783232 14339809 1013747 1053394 2067141 12272668 0 12272668 PART V, LINE 4: TEMPORARILY RESTRICTED NET ASSETS ARE AVAILABLE FOR SCHOLARSHIPS AND CONSTRUCTION PROJECTS. ALL MONEY IS APPROPRIATELY DESIGNATED FOR EITHER PURPOSE AND RECORDS ARE MAINTAINED TO ENSURE THE FUNDS ARE USED FOR THE PURPOSE THE DONOR DESIGNATED. PERMANENTLY RESTRICTED NET ASSETS CONSIST OF APPROXIMATELY 60 ENDOWMENT FUNDS ESTABLISHED PRINCIPALLY FOR SCHOLARSHIPS. THE FUNDS ARE HELD IN PERPETUITY, THE INCOME OF WHICH IS AVAILABLE FOR THE SPECIFIC USE. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS GENERALLY NOT SUBJECT TO FEDERAL INCOME TAX. THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION RECORDS INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN MANAGEMENT AND GENERAL EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 1,053,394. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 1,053,394. 1 TEXAS STATE TECHNICAL COLLEGE 3801 CAMPUS DRIVE WACO TX 76705 741646989 115 388369 0 FMV EQUIPMENT FOR COLLEGE TO TRAIN AND EDUCATE STUDENTSO TRAIN AND EDUCATE STUDENTS TEXAS STATE TECHNICAL COLLEGE 3801 CAMPUS DRIVE WACO TX 76705 741646989 115 191734 0 FMV REIMB FOR PBE & VETERANS SALARIES TEXAS STATE TECHNICAL COLLEGE 3801 CAMPUS DRIVE WACO TX 76705 741646989 115 8633806 0 FMV WORKSITE PROJECT STUDENT SCHOLARSHIPS AND AWARDS 1703 2476433 N/A N/A SCHEDULE I PART I THE TSTC FOUNDATION HONORS DONORS' WISHES FOR THE TYPE OF STUDENTS TO RECEIVE SCHOLARSHIP FUNDS GIVEN BY THE DONOR. IN CONSIDERING THE AVAILABLITY AND AWARDING OF SCHOLARSHIPS. MOST SCHOLARSHIPS ARE BASED ON NEED AND/OR MERIT AND THE RECIPIENTS ARE SELECTED BY A TSTC COMPONENT. THE TSTC FOUNDATION PURCHASES AND DONATES EQUIPMENT TO THE TEXAS STATE TECHNICAL COLLEGE WHEN INFORMED BY WRITTEN REQUEST BY THE COLLEGE'S BOARD OF DIRECTORS, AS TO WHAT EQUIPMENT IS NECESSARY FOR THE TRAINING AND EDUCATION OF STUDENTS. CASH ASSISTANCE IS MADE TO TEXAS STATE TECHNICAL COLLEGE STAFF AND FACULTY AND TO PROVIDE FOR CONTINUING EDUCATION AND TRAINING TO STAFF AND FACULTY. STAFF AND FACULTY ARE CHOSEN FOR ASSISTANCE AND RECOGNITION BY TEXAS STATE TECHNICAL COLLEGE AND NOT THE TSTC FOUNDATION. IN FISCAL YEAR ENDING AUGUST 31, 2024, THE TSTC FOUNDATION PROVIDED SPONSORSHIP DONATIONS TO TEXAS PUBLIC POLICY FOUNDATION AS WELL AS SMALLER DONATIONS TO OTHER CHAMBERS OF COMMERCE LOCATED IN TEXAS CITIES WHERE A TSTC CAMPUS IS LOCATED AND TO LOCAL HIGH SCHOOL EDUCAITON FOUNDATIONS. THESE DONATIONS ARE FOR THE PROGRAMS OF THE ORGANIZATIONS WHICH FOCUS ON EDUCATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S EXECUTIVE DIRECTOR REVIEWS THE FORM 990 BEFORE SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REMINDS BOARD MEMBERS OF THE CONFLICT OF INTEREST POLICY AND HAS THEM REVIEW IT, AND ACKNOWLEDGE THAT REVIEW, ON AN ANNUAL BASIS. 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. PART XII, LINE 2C NO CHANGE IN THE PROCESS.