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
2023-12-01
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
$43,769
2023
Total expenses
$49,193
2023
Total assets
$128,130
2023
Num. employees
0
2023

Program areas at Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation

ScholarshipsIn 2023, one fundraising event was produced to support the Foundations scholarship program, the scholars gala. 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.
Leadership InstituteThe LGBT Leadership Institute is a nine-month leadership development program that runs from September through May. In 2023, income was $11,600; expenses were $10,805.As of 12/31/2023 Total Leadership Institute program income was $48,650 and expenses were $19,651. 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.
DEI Conference-The Texas DEI Conference was held on July 19, 2023. The conference was held at Dallas College Brookhaven Campus. In conjunction with the DEI Conference, we hosted a Business/Employee Resource Group summit. Attendance at the summit was 47; attendance at the DEI Conference was 62.

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 12/2023
Total grants, contributions, etc.$70,654
Program services$-4,100
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$0
Net income from fundraising events$-22,785
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$43,769

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

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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 scholarshipsGala fundraisersTax 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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