EIN 76-0307944

Lorease and Ed Priesmeyer Foundation

IRS 501(c) type
501(c)(92)
Num. employees
0
City
Huntsville
State
Year formed
Most recent tax filings
2023-12-01
Description
The Lorease and Ed Priesmeyer Foundation is a private foundation located in Huntsville, TX that primarily funds scholarships, supplies, and equipment. Its purpose is to provide resources to Rice CISD and other grantees. Last year, it made 10 grants and removed the financial burden from preschoolers by purchasing school supplies for every student grades K-5.
Total revenues
$91,817
2023
Total expenses
$249,532
2023
Total assets
$657,973
2023
Num. employees
0
2023

Program areas at Lorease and Ed Priesmeyer Foundation

Provided scholarship funds to six universities, four colleges, and one trade school to provide post high school education for 21 rice cisd graduates. Provided funding for dual credit courses for students attending rice cisd high school.
Provided resources to rice cisd: school supplies for 525 students, grades k-5, were purchased. 81.8% of school population is economically disadvantaged. Funds also were provided for district to purchase classroom furniture.
Used to fund scholarships
Used to fund scholarships
Used to fund scholarships
Used to fund scholarships
Used to fund scholarships
Used to fund scholarships

Grants made by Lorease and Ed Priesmeyer Foundation

GranteeGrant descriptionAmount
Honor Society of Phi Kappa Phi / University of Texas at San AntonioFund Scholarships$11,624
Grand Canyon UniversityFund Scholarships$5,000

Personnel at Lorease and Ed Priesmeyer Foundation

NameTitleCompensation
Candyce F DixonChief Executive Officer and Board President$35,000

Financials for Lorease and Ed Priesmeyer Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$18,263
Net rental income$0
Net gain from sale of non-inventory assets$40,237
Gross sales of inventory$0
Miscellaneous revenues$33,317
Total revenues$91,817

Form 990s for Lorease and Ed Priesmeyer Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122025-02-11990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-14990PFView PDF
2020-122022-01-20990PFView PDF
2019-122021-10-12990PFView PDF
...and 7 more Form 990s

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Data update history
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 22, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsSchools
Issues
Education
Characteristics
Funds one specific organizationProvides grantsPartially liquidatedState / local levelNo full-time employees
General information
Address
1106 Ave O
Huntsville, TX 77340
County
Walker County, TX
Phone
(936) 291-7316
IRS details
EIN
76-0307944
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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