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EIN 23-7079589

Cy-Fair Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Cypress
State
Texas
Year formed
1970
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Cy-Fair Educational Foundation exists to increase college access for graduates of Cy-Fair ISD by awarding scholarships and to promote excellence in teaching by providing staff development grants. The foundation awarded college scholarships to 103 students, evaluating them based on economic necessity, academic achievement, leadership qualities, and other donor-imposed criteria. Additionally, the foundation provides a grant each year to the Cy-Fair ISD from a portion of the proceeds of the Salute to the Stars fundraising event, which is used to promote excellence in teaching.
Total revenues
$3,028,827
2023
Total expenses
$1,266,276
2023
Total assets
$16,508,033
2023
Num. employees
4
2023

Program areas at Cy-Fair Educational Foundation

College scholarships - Cy-Fair Educational Foundation awarded college scholarships to 143 students. Scholarship recipients are evaluated based on economic necessity, academic achievement, leadership qualities, and other donor-imposed criteria. This program's objecteve is to increase college access for graduates of Cy-Fair isd.
Staff development grant - Cy-Fair Educational Foundation provides a grant each year to the Cy-Fair isd from a portion of the proceeds of the "salute to the stars" fundraising event. The grant is to be used by the Cy-Fair isd to promote excellence in teaching by funding selected staff development.

Who funds Cy-Fair Educational Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Interlinc Family FoundationTo Provide Support for the Organization's Program Services.$62,759
Houston Methodist Leading MedicineSponsorship$20,000
Chun-Cheng Cheng Charitable and Educational FoundationDonation$15,000
...and 6 more grants received

Personnel at Cy-Fair Educational Foundation

NameTitleCompensation
Marie HolmesExecutive Director$116,773
Mark McShaffryChairman$0
Adrian DominguezAt Large Officer$0
Bryan GinsburgChair$0
Donna DraudtAt Large Officer$0
...and 5 more key personnel

Financials for Cy-Fair Educational Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$879,250
Program services$0
Investment income and dividends$1,703,623
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$445,954
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,028,827

Form 990s for Cy-Fair Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-15990View PDF
2022-062023-06-29990View PDF
2021-062022-05-31990View PDF
2020-062022-03-23990View PDF
2019-062021-03-12990View PDF
...and 9 more Form 990s
Data update history
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $9,700 from Memorial Hermann Health System
May 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 5 new personnel
May 18, 2024
Used new vendors
Identified 1 new vendor, including
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $62,759 from Interlinc Family Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 1698
Cypress, TX 77410
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
thecfef.org/ 
Phone
(281) 370-0144
IRS details
EIN
23-7079589
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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