TX 501(c)(3)
GECU FOUNDATION
B11: Education
$1,156,092 budget
Filed 2024
Verified profile
THE GECU FOUNDATION WORKS TO SUPPORT GECU MISSION, GOALS & THE CREDIT UNION MOVEMENT BY SUPPORTING CHARITABLE CAUSES FOCUSING ON TWELVE DEVELOPMENT ISSUES THAT AFFECT OUR COMMUNITY
Total received from foundations
$32K
2 grants from 2 funders
· 2020–2022
Annual revenue
$1,551,607
Annual expenses
$1,156,092
Total assets
$682,625
Months of operating reserves
7.1
assets / monthly burn
Funding history · IRS 990-PF public records
Who funds GECU FOUNDATION
$32K
Total received
2
Distinct funders
2
Grants on record
2020–2022
Span of records
Top funders by cumulative giving
-
1
$20Kcumulative
-
2
$12Kcumulative
Where the money came from (United States)
Texas counties the money came from
1 TX counties with funders on record
- 1 El Paso
For grant reviewers
Filing and contact details Data quality: 80%
Officer
CRYSTAL LONG
CHAIRMAN
Contact email
Last 990 filed
2024
most recent IRS filing
Year founded
2008
IRS ruling year
EIN
208801986
NTEE classification
B11
Education
From Form 990
Programs and activities
WE BELIEVE THAT INVESTING IN EDUCATION, ESPECIALLY IN THE HEALTH CARE FIELD, IS GOING TO HELP WITH THE OVERALL QUALITY OF LIFE OF UNDERSERVED REGIONS. THIS YEAR, WE CONTRIBUTED TO STUDENTS' TUITION COSTS AT VARIOUS INSTITUTIONS, ALLOWING THEM TO BETTER FOCUS ON COMPLETING THEIR DEGREES. OUR CONTRIBUTION TO BURRELL COLLEGE OF OSTEOPATHIC MEDICINE IN LAS CRUCES, NEW MEXICO, WILL FUND A FULL FOUR-YEAR SCHOLARSHIP FOR ONE STUDENT. THE ESTIMATED COST OF ATTENDANCE AT THIS COLLEGE IS $60,600 PER YEAR. WE TRUST THAT THIS INITIATIVE IS GOING TO HELP ADDRESS THE CRITICAL NEED FOR PHYSICIAN RETENTION IN
THIS YEAR, WE CONTINUED TO ELEVATE THE COMMUNITIES THAT WE SERVE BY DONATING TO COMMUNITY ORGANIZATIONS THAT FOCUS ON OUR 12 CORE DEVELOPMENT ISSUES, INCLUDING THROUGH A NEW FUNDRAISING INITIATIVE. WE ALSO PROVIDED SUPPORT TO THOSE AFFECTED BY THE WILDFIRES IN NEW MEXICO. IN 2024, THE GECU FOUNDATION LAUNCHED ITS FIRST MATCHING MAY CAMPAIGN, WHERE WE MATCHED DONATIONS OF UP TO $12,000 TO EACH OF THE 12 NONPROFIT ORGANIZATIONS THAT WE SELECTED. EACH OF THE SELECTED NONPROFITS REPRESENTS ONE OF OUR CORE DEVELOPMENT ISSUES THAT ARE CRUCIAL FOR THE ECONOMIC GROWTH AND PROSPERITY OF THE EL PASO, TE
Data provenance
About this profile
Built from the IRS Business Master File, Form 990 and 990-EZ filings, and public website enrichment. Funding history is derived from IRS Form 990-PF Schedule I grant records for private foundations. Data accuracy depends on how recently the organization filed. The data-quality score reflects how many fields are populated.
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