EIN 75-2731283

3 To 1 Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
State
Year formed
1997
Most recent tax filings
2023-11-01
Description
The 3 To 1 Foundation serves the community by conducting financial seminars and providing tools for budgeting, financial goal setting, debt management, investment basics, wealth accumulation, and wealth management. They also offer need and academic-based scholarships for college students. Additionally, the organization presents seminars for high school students that include presentations on various financial topics. The foundation incurs other expenses related to ongoing operations and aims to present more seminars in the future.
Total revenues
$271,199
2023
Total expenses
$121,752
2023
Total assets
$1,221,121
2023
Num. employees
2
2023

Program areas at 3 To 1 Foundation

The organization conducted seminars providing information and tools for budgeting, financial goal setting, debt management, investment basics, wealth accumulation and wealth management. Seminars conducted for high school students also included presenting information about careers in accounting, tax, banking, financial planning and investment advising. The organization also awarded scholarships To college students.
Other expenses that are for the ongoing operations of the Foundation To present more seminars that were not direct expenses of the seminars presented this fiscal year.

Who funds 3 To 1 Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Communities Foundation of TexasThis Grant Is Designated for General Support.$12,733
Invest in Others Charitable FoundationGive, Save, Spend$5,500
Heilmeier-Jarvie Family FoundationSupport the Missions of 3 To 1 Foundation$1,000

Personnel at 3 To 1 Foundation

NameTitleCompensation
Darrell CainPresident$0
Richard ChillemiVice President and Board Member / Vice President and Board Director$0

Financials for 3 To 1 Foundation

RevenuesFYE 11/2023
Total grants, contributions, etc.$29,935
Program services$740
Investment income and dividends$42,957
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$100
Net gain from sale of non-inventory assets$141,378
Net income from fundraising events$53,109
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,980
Total revenues$271,199

Form 990s for 3 To 1 Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-112024-10-15990View PDF
2022-112023-10-16990View PDF
2021-112022-10-17990View PDF
2020-112021-10-14990View PDF
2019-112021-02-19990View PDF
...and 11 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $12,733 from Communities Foundation of Texas
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 2 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCharities
Issues
Education
Characteristics
Fundraising eventsProvides scholarshipsAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
17 Cowboys Way 300
Frisco, TX 75034
Metro area
Dallas-Fort Worth-Arlington, TX
County
Collin County, TX
Website URL
3to1foundation.org/ 
Phone
(972) 233-3323
IRS details
EIN
75-2731283
Fiscal year end
November
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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