2026-02-10T06:24:15-08:00 2025-06-30 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2024-07-01 752756537 GRAPEVINE-COLLEYVILLE ISD EDUCATION FOUNDATION GRAP 8172515480 3051 IRA E WOODS AVENUE GRAPEVINE TX 76051 Meredith Martin Executive Dir. 2026-02-10 true true Carroll Elizabeth Arnott P01965628 8176498083 2024 2025-03-06 01:10:19Z Meredith Martin 396961 false X WWW.GCEDFOUNDATION.ORG X 1998 TX To generate and distribute resources to the Grapevine-Colleyville Independent School District for programs and projects that enhance the quality of education and opportunities for students. 21 21 2 30 0 268152 252878 30284 32247 147031 87189 -2642 -1635 442825 370679 182347 179501 0 142881 132719 0 65130 107274 96312 432502 408532 10323 -37853 2609339 2778017 127334 118759 2482005 2659258 To generate and distribute resources to the Grapevine-Colleyville Independent School District for programs and projects that enhance the quality of education and opportunities for students. false false 255546 148001 THE FOUNDATION MANAGES A PERMANENT ENDOWMENT TO SUPPORT CAMPUS ACTIVITIES, SCHOLARSHIPS, AWARDS, AND OTHER GRANT PROGRAMS. THE ENDOWMENT IS INVESTED IN PUBLICLY TRADED MARKETABLE SECURITIES MANAGED BY PROFESSIONAL INVESTMENT ADVISORS. AN INVESTMENT COMMITTEE MADE UP OF BOARD MEMBERS AND OTHER VOLUNTEERS HIRE THE INVESTMENT ADVISORS AND OVERSEE INVESTMENT AND SPENDING POLICIES. ENDOWMENT EARNINGS ARE UTILIZED FOR THE PURPOSE INTENDED BY THE DONORS. 31500 31500 32247 Grants are awarded to teachers for classroom, school or district-wide projects within GCISD, and scholarships are awarded to graduating GCISD seniors. Teacher grants are funded by annual campaign donations, net proceeds from special events, and donor-designated contributions. Scholarships are funded by permanent endowments or donor-designated contributions. Teacher grant proposals and student applications are evaluated by volunteer committees of Board members and community volunteers. In addition, the Foundation hosts two special events: a luncheon to welcome newly-hired teachers, and an Academic Recognition Banquet honoring top-ranked graduating seniors, distinguished teachers, and the GCISD teachers and paraprofessional of the year. THE FOUNDATION ADMINISTERS A CORPORATE SPONSORSHIP/SPORTS MARKETING PROGRAM ON BEHALF OF THE SCHOOL DISTRICT, and proceeds are split between GCISD and the Foundation operations. 287046 true true false false false false false false false true false false false false false true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false true 2 0 true 2 true false false false false false true true false 0 false false false false false false false X 21 21 false false false false false false false true true false false true true true true true true true true false X KELLI GUYTAN 8174806902 3051 IRA E WOODS AVENUE GRAPEVINE TX 76051 JANE RICHARDS thru 1224 Executive Dir. 40.00 0.00 X 78583 0 0 LAVON BOLECH Secretary 1.00 0.00 X X 0 0 0 DAVID CRAWFORD Director 1.00 0.00 X 0 0 0 RUTH ANN MEEK Treasurer 2.00 0.00 X X 0 0 0 LEANN BROWN Director 1.00 0.00 X 0 0 0 STEVE HALEY Director 1.00 0.00 X 0 0 0 KIM DOBECKA Director 1.00 0.00 X 0 0 0 RODERICK CAPELO Director 1.00 0.00 X 0 0 0 LEON LEAL Director 1.00 0.00 X 0 0 0 IVA MISHRA Director 1.00 0.00 X 0 0 0 JEANNIE O'NEIL Director 1.00 0.00 X 0 0 0 LISA PARDO Vice President 1.00 0.00 X X 0 0 0 TRACI HUTTON Director 1.00 0.00 X 0 0 0 KIM FARBISZ PRESIDENT ELECT 1.00 0.00 X X 0 0 0 RACHAEL ABELL Vice President 1.00 0.00 X X 0 0 0 JENNIFER HIBBS Director 1.00 0.00 X 0 0 0 ANA ERWIN Director 1.00 0.00 X 0 0 0 DEWAYNE SMART Vice President 1.00 0.00 X X 0 0 0 CHELSEA ROSE Director 1.00 0.00 X 0 0 0 ROBYN SCOTT Director 1.00 0.00 X 0 0 0 KAREN DEAKIN President 2.00 0.00 X X 0 0 0 CAROLYN SIMS Director 1.00 0.00 X 0 0 0 Meredith Martin from 425 Executive Dir. 40.00 0.00 X 0 0 0 78583 0 false false false 0 59745 193133 19622 252878 PROGRAM INCOME 900099 32247 32247 32247 87189 87189 0 0 0 0 24647 59745 26282 -1635 -1635 0 0 0 370679 32247 85554 148001 148001 31500 31500 0 0 54250 36630 8094 9526 0 70780 47790 10560 12430 0 0 7689 5192 1147 1350 0 0 21502 2542 10291 8669 0 0 20017 20017 6862 811 3284 2767 5254 1454 3800 2726 1363 1363 7329 3310 1069 2950 0 0 0 0 0 0 0 0 1894 1894 EVENT EXPENSES 19622 4076 15546 Bank Fees 3716 1329 2387 Printing and Publications 2494 1247 1247 BAD DEBT EXPENSE 2353 842 1511 2543 959 1584 408532 287046 56356 65130 161194 139125 0 898 3616 0 0 0 0 0 3056 62 0 2444191 2635214 0 0 0 0 2609339 2778017 113848 111683 13486 7076 127334 118759 X 777104 1187739 1704901 1471519 2482005 2659258 2609339 2778017 -37853 215106 X true X false true false X 225228 244310 329476 268152 252878 1320044 0 0 225228 244310 329476 268152 252878 1320044 118612 1201432 50257 70760 81124 85539 87189 374869 0 0 1694913 153245 0.70880 0.71560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2444191 20666 282278 87877 2659258 1804178 20124 12244 20773 1815773 1698967 47316 57895 1804178 1641715 6210 60542 9500 1698967 1590672 23125 42893 14975 1641715 0.44660 0.53280 0.02060 false false false X 565768 215106 215106 350662 20017 20017 370679 388515 388515 20017 20017 408532 Part X : FIN48 Footnote The Foundation is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Foundations exempt purposes is subject to tax under IRC Section 511. The Foundation had no unrelated business income for the year ended June 30,2025. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Foundations tax returns and recognition of a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Foundation, and has concluded that as of June 30, 2025, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. false GOLF TOURNAMENT 84392 59745 24647 24647 1635 84392 59745 24647 24647 1635 26282 -1635 true GRAPEVINE-COLLEYVILLE ISD 3051 IRA E WOODS AVE GRAPEVINE TX 76051 756001702 138729 0 EDUCATIONAL GRANTS GRAPEVINE-COLLEYVILLE ISD 3051 IRA E WOODS AVE GRAPEVINE TX 76051 756001702 9272 0 CAMPUS GRANTS 1 1 STUDENT SCHOLARSHIPS 25 24500 TEACHERS OF THE YEAR 2 5000 PARAPROFESSIONAL AWARD 1 500 TEACHER EXCELLENCE AWARD 1 1500 Grantmaker's Description of How Grants are Used THE EDUCATION FOUNDATION RECEIVES A YEARLY REPORT FROM THE SCHOOL DISTRICT DETAILING THE USE OF FUNDS. Form 990, Part VI, Section B, Line 11b THERE ARE TWO LEVELS OF REVIEW OF THE FORM 990. THE EXECUTIVE DIRECTOR, BOARD TREASURER AND BOARD PRESIDENT REVIEW THE FORM 990 AND THEN IT IS DISTRIBUTED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Section B, Line 12c AT THE BEGINNING OF EACH FISCAL YEAR, EVERY BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY AND REPORTS ON ANY POTENTIAL CONFLICTS. THE BOARD PRESIDENT INQUIRES ABOUT CONFLICTS AT THE OPENING OF EACH MEETING. ANY POTENTIAL CONFLICTS ARE ANNOUNCED AND THEN RECORDED IN THE MEETING MINUTES. MEMBERS ABSTAIN FROM VOTING ON ISSUES WHERE A POTENTIAL CONFLICT MAY EXIST. Form 990, Part VI, Section B, Line 15a THE GOVERNANCE COMMITTEE DETERMINES COMPENSATION AND THEN GIVES ITS RECOMMENDATION TO THE FULL BOARD. THE BOARD THEN VOTES TO APPROVE COMPENSATION. Form 990, Part VI, Section B, Line 15b THE GOVERNANCE COMMITTEE DETERMINES COMPENSATION AND THEN GIVES ITS RECOMMENDATION TO THE FULL BOARD. THE BOARD THEN VOTES TO APPROVE COMPENSATION. Form 990, Part VI, Section C, Line 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII INCOME FROM FUNDRAISING EVENTS The net economic benefit from our fundraising event is calculated as follows:Contributions from fundraising event reported on Part VIII, line 1c $ 59,745Gross income from fundraising event reported on Part VIII, line 8a 24,647Less: Direct costs of event reported on part VIII, Line 8b (26,282) Net economic benefit of fundraising event $ 58,110