2025-10-15T13:54:06-07:00 2024-12-31 263988942 CANALES GARZA & BAUM PLLC PO BOX 3627 LAREDO TX 78044 990 2024-01-01 311742706 Laredo Area Community Foundation LARE 9563262845 PO Box 450223 Laredo TX 78045 Juan M Caballero Treasurer 2025-10-15 true true Juan Jose Garza CPA P00534273 9567241111 X 2024 2025-03-06 01:10:19Z PO Box 450223 Laredo TX 78045 1686911 false X http://www.laredofoundation.org X 2004 TX To inspire by generosity and empower by a legacy of giving, the Laredo Area Community Foundation provides for the philanthropic needs of Laredo and surrounding communities. 14 14 3 0 1303814 748533 0 439740 938378 0 1743554 1686911 651893 734733 0 63906 59900 0 0 300497 325226 1016296 1119859 727258 567052 17493744 19390943 13000 17493744 19377943 To inspire by generosity and empower by a legacy of giving, the Laredo Area Community Foundation provides for the philanthropic needs of Laredo and surrounding communities. false false 1017237 1686911 The Laredo Area Community Foundation manages funds contributed by citizens, Business entities, Non-profit organizations and public agencies to benefit Laredo and South Texas. Revenues are from contributions, investments and fund raising. The individual funds (Donor Advised Funds and Permanent Endowment Funds) make charitable qualified grants as specified in their governing instruments. Grants are used in the areas of: Arts, Education, Environment, Health, Religious and Social Services. 1017237 true true false false false true false false false true true false false false false false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 3 0 true 3 true false false false false false false false 0 false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true false true false X Celina Summers 9563262845 5201 University Blvd Laredo TX 78045 X Cynthia M Cisneros Operations Manager 40.00 0.00 51075 0 0 Celina R Summers Administrator 40.00 0.00 800 0 0 Eduardo Canamar Director 0.50 0.00 X 0 0 0 Matias de Llano III Director 0.50 0.00 X 0 0 0 Roy S Franklin Director 0.50 0.00 X 0 0 0 William B Green Director 0.50 0.00 X 0 0 0 Annie Trevino Director 0.50 0.00 X 0 0 0 Ricardo E Morales Director 0.50 0.00 X 0 0 0 Diana Ortiz Director 0.50 0.00 X 0 0 0 Jeremy Peters Director 0.50 0.00 X 0 0 0 Mario Rullan Director 0.50 0.00 X 0 0 0 Gerry Salinas Director 0.50 0.00 X 0 0 0 Christine Holliday Cerda President 0.50 0.00 X 0 0 0 Jennifer Beckelhymer Vice Presiden 0.50 0.00 X 0 0 0 Juan J Castillo Secretary 0.50 0.00 X 0 0 0 Juan M Caballero Treasurer 0.50 0.00 X 0 0 0 51875 0 false false false 0 748533 748533 0 938378 938378 0 0 0 0 0 0 0 0 1686911 938378 734733 734733 0 0 0 51875 51875 0 1400 1400 0 2475 2475 4150 4150 144878 144878 0 0 0 0 137463 137463 13500 13500 500 500 3410 3410 0 0 0 0 0 848 848 0 0 1445 1445 7292 7292 Computer Services 10765 10765 Dues & Subscriptions 3135 3135 Telephone 985 985 Postage and Shipping 730 730 275 163 112 1119859 1017237 102622 0 183752 127992 0 0 0 0 0 0 0 0 11296 10459 2282 837 17307710 19262114 0 0 0 0 17493744 19390943 13000 0 13000 X 7995757 8830155 9497987 10547788 17493744 19377943 17493744 19390943 567052 1317147 X false true X true false X 1138975 1128455 825413 1166422 603655 4862920 0 0 1138975 1128455 825413 1166422 603655 4862920 0 4862920 343756 401653 401051 439740 938378 2524578 0 14765 2300 3890 3126 24081 7411579 0.65610 0.72660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38 292316 378152 7805257 true true 9497987 313140 1240625 329595 174369 10547788 7059697 1813195 1119624 341273 153256 9497987 8072230 239659 -957756 301866 126746 6925521 7262154 336658 866738 203253 129020 8133277 8233860 288500 676900 186323 114143 8898794 1.00000 false false false 11296 10459 837 837 3004058 1317147 1317147 1686911 1686911 1119859 1119859 1119859 Part V, Line 4: Intended uses of the endowment fund. Part V Line 4: Intended Uses of Endowments: Endowment Funds are intended to be used for grant making purposes to charitable organizations in perpetuity. true Bethany House of Laredo 819 Hidalgo St Laredo TX 78040 742317098 5025 0 Operating Expenses Boys and Girls Club of Laredo 500 Moctezuma St Laredo TX 78040 741152598 41287 0 Operating Expenses Casa De Misericordia 1000 Mier St Laredo TX 78040 742912461 14250 0 Operating Expenses Christ Church Episcopal 2320 Lane Laredo TX 78043 741238419 58979 0 Operating Expenses Cong of the Blessed Sacramen 5384 Wilson Mills Rd Highland Height OH 44143 131623999 10000 0 Operating Expenses Cotulla Childrens Museum PO Box 659 Cotulla TX 78014 901132747 59234 0 Operating Expenses Divine Mercy Catholic Church 9350 Amber Ave Laredo TX 78045 742899597 15000 0 Operating Expenses Franciscan Farias of Hebbron 504 East Santa Clara St Hebbronville TX 78361 882143789 10000 0 Operating Expenses Imaginarium of South Texas PO Box 450621 Laredo TX 78045 742588661 36746 0 Operating Expenses Junior Achievement of Laredo 313 West Village Blvd Laredo TX 78041 742061852 11529 0 Operating Expenses Landon School 6101 Wilson Ln Bethseda MD 20817 520635092 10000 0 Scholarships Laredo Cancer Society 702 S Zapata Highway Laredo TX 78043 475281347 8383 0 Operating Expenses Laredo Center of the Arts 500 San Agustin Ave Laredo TX 78040 742131194 8276 0 Operating Expenses Laredo Church of Christ 9202 Backwoods Trail Laredo TX 78045 815224886 21500 0 Operating Expenses Laredo College 1 West End Washington St Laredo TX 78040 746001582 26053 0 Scholarships Laredo Philharmonic Orchestra PO Box 451644 Laredo TX 78045 742169044 6767 0 Operating Expenses Laredo Theater Guild Intl PO Box 451337 Laredo TX 78045 203172732 8001 0 Operating Expenses Martin High School 2000 San Bernardo Laredo TX 78040 746001580 10187 0 Scholarsahips Rio Grande Intl Study Center West End Washigton St Laredo TX 78040 742742037 6387 0 Operating Expenses Sacred Heart Children Home 3310 S Zapata Hwy Laredo TX 78046 530196617 11658 0 Operating Expenses Sisters of Mercy 2905 Monterrey St Laredo TX 78043 113816411 51500 0 Operating Expenses St Augustine School 1300 Galveston Street Laredo TX 78040 742521504 5258 0 Scholarships Texas A&M International Unive 5201 University Blvd Laredo TX 78041 742603619 133115 0 Scholarships Texas A&M Univ - Kingsville 700 Univeristy Blvd Kingsville TX 78363 746001530 6500 0 Scholarships Texas A&M University PO Box 30016 College Station TX 77842 746000531 10000 0 Scholarships United Day School 1701 San Ysidro Parkway Laredo TX 78045 741221296 9600 0 Scholarships University of Texas at San An 1 UTSA Circle San Antonio TX 78249 741717115 10000 0 Scholarships Volunteers Serving the Need 1202 Salinas Ave Laredo TX 78040 271143556 5079 0 Operating Expenses 0 28 Additional Supplemental Information Other: Part II, Line 1: All university/college grants are sent to the student scholarship departments and are utilized for the student's tuition, books and student fees assessed by the university/college. Grantmaker's Description of How Grants are Used Grants are reviewed by the Grant committee and upon recommendation to and approval by the board, the grant is awarded. All released grants are accompanied by a letter specifying the use of the funds, reporting requirements and deadlines, if required. The Grant committee then reviews compliance of grant use by the deadline prescribed. Form 990, Part VI, Section B, Line 11b Members of the Executive Committee, charged with the management of the organization by authority of its entire governing body, received the draft Form 990 via email, reviewed the same for accuracy and completeness to the best of their knowledge, and provided their comments and questions to the same prior to finalizing and filing. Form 990, Part VI, Section B, Line 12c Each board member and each employee are required to disclose potential conflicts of interest with them and their family members annually. The board meets the first Wednesday of each month to discuss financial reports and at such time potential conflicts can be discussed. Form 990, Part VI, Section B, Line 15b The organization's top management official is the President and Executive Director who is a volunteer and does not receive any form of compensation from the organization. The process for determining compensation for the organization's office manager included a review by a hiring committee of comparable compensation for similar administrative employees for other community foundations and life positions with the local university. Form 990, Part VI, Section C, Line 19 Governing documents, conflicts of interest policy and financialreports are available at the organization's office upon request. The foundation publishes its address, phone # and website.