EIN 47-2725448

Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
2015
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation carries out charitable and educational objectives, nurtures the development of leaders in the LGBT community and supports young adults. The Foundation hosts the Texas Business Equality Conference, a three-day conference with keynote speaker(s), breakout sessions with subject matter experts, and panel discussions. Approximately 100 attended this event. Additionally, the Foundation funds college scholarships and awarded a total of 5 scholarships totaling $10,000 in 2021.
Related structure
Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation is a subordinate organization under North Texas Gay Lesbian Bisexual Transgender Chamber of Commerce.
Total revenues
$72,810
2022
Total expenses
$50,774
2022
Total assets
$133,557
2022
Num. employees
0
2022

Program areas at Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

ScholarshipsIn 2022, two fundraising events were produced to support the Foundations scholarship program, the scholars gala and the fall fundraising event, Spooktacular. Spooktacular is a Halloween-themed dance party. These events helped to fund scholarships granted in 2023. In 2022, six students received scholarships totaling $13,000. About the LGBT Chamber Foundation Scholarship Program-Since 2011, the LGBT Chamber of Commerce Foundation has awarded more than $150,000 in scholarships to deserving LGBTQ and ally students across Texas. The Foundation makes scholarship grants to students who self-identify as LGBTQ+, children of LGBTQ+ parent(s), and LGBTQ+ allies who have worked in support of the community in a significant way. The scholarship grants may be used for any accredited post-secondary education, including traditional colleges and universities, trade schools, and certificate programs. Applications are accepted for all degree programs, from undergraduate studies to Ph.D. candidates.
DEI ConferenceIn 2022, the Foundation held its 7th annual Texas Diversity Equity & Inclusion Conference. Forty-five people attended the in-person day of the conference on July 19, 2022, hosted by Southwest Airlines. An additional forty-seven people attended all or part of the virtual conference on July 20, 2022.About the Texas DEI Conference-The Texas Diversity Equity & Inclusion Conference brings together local businesses, LGBT and other certified businesses, Employee Resource Group members, and corporate diversity/supplier diversity professionals. In peer groups and professionally led sessions, attendees learn about current issues facing diverse businesses and communities, gain new skills/knowledge, and share best practices.
Leadership InstituteThe LGBT Leadership Institute is a nine-month leadership development program that runs from September through May. In 2022, which includes five months of the prior year cohort and four months of the current year cohort, total program expenses were $6,715 (Income from the 2022 cohort was $11,250). The 2021 cohort had thirteen participants. The 2022 Cohort that began in September had seventeen participants.About the LGBT Leadership Institute-The LGBT Chamber of Commerce Foundation Leadership Institute develops leadership skills for LGBT and Ally professionals. We provide a safe and nurturing environment to develop skills and explore the critical issues facing the LGBTQ+ community. The program presents a diverse cohort of participants with valuable leadership skills, knowledge, and a historical view of the LGBTQ+ community and the equality movement. Upon completing the nine-part program, participants will better understand the community and have obtained advanced leadership skills.

Who funds Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dallas Tourism Public Improvement District (DTPID)General Support$12,500
AmazonSmile FoundationGeneral Support$40

Personnel at Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

NameTitleCompensation
Anthony P VeddaPresident$0
Clint ThomsonChairman$0
Suzanne ButlerTreasurer$0
Gerardo SanchezChairman$0
Armando GonzalezSecretary$0
...and 1 more key personnel

Financials for Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$77,202
Program services$12,524
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-16,916
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$72,810

Form 990s for Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-03-01990View PDF
Data update history
January 21, 2024
Updated personnel
Identified 5 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Received grants
Identified 1 new grant, including a grant for $12,500 from Dallas Tourism Public Improvement District (DTPID)
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsHuman rights organizationsCivil rights and social justice organizationsChapter / child organizationsCharities
Issues
EducationHuman rightsLGBTQ
Characteristics
Provides grantsFundraising eventsState / local levelProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3824 Cedar Springs Rd 429
Dallas, TX 75219
Metro area
Dallas-Fort Worth-Arlington, TX
County
Dallas County, TX
Website URL
lgbtchamberfoundation.org/ 
Phone
(214) 821-4528
IRS details
EIN
47-2725448
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
R26: LGBT Rights
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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