EIN 75-2081274

Lubbock Chamber of Commerce Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1987
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Lubbock Chamber of Commerce Foundation is a private foundation located in Lubbock, TX. Its purpose is to lead a city-wide branding campaign that started in 2021, while also growing participation and sponsorships for the future.
Total revenues
$228,370
2023
Total expenses
$307,770
2023
Total assets
$664,663
2023
Num. employees
0
2023

Program areas at Lubbock Chamber of Commerce Foundation

Total pipeline management - the Lubbock talent pipeline management (tpm) initiative is a partnership with the Lubbock economic development alliance (leda). Tpm was started in 2014 by the u.s. Chamber of Commerce as an effort to mobilize the business community to close the skills gap by applying lessons learned from supply chain management to education and workforce partnerships. Employer collaborations play an expanded role as "end-customers" of a talent supply chain, thus they become more effective at determining their most critical working needs, communicating those needs to trusted partners, and managing and improving performance. The second important initiative involves the community workforce partnership of which the Lubbock Chamber, leda and workforce solutions south plains are members. Since 2015, these partners have collaborated to provide area school districts with career and technical education equipment for training in targeted in-demand jobs. This initiative has leveraged o
Leadership Lubbock - this campaign is designed to increase the participation across both the Foundation and the Chamber and all of their events. The total amount of tuition, sponsorships, and banquet sponsorships received for leadership Lubbock can vary from year to year. This appears reasonable due to the sponsorships being voluntary, and the receipt of the sponsorships is sporadic.
Performing arts project
Regional monument of courage - the regional monument of courage fund raising campaign started in 2022. Fundraising efforts are directed towards veteran programs. The Foundation serves as an "agent and collects funds, pays expenses directly associated with fundraising activities, and disburses net proceeds to qualified veteran organizations. No Foundation resources are expended towards such efforts except for administrative support.
A community wide effort by Lubbock citizens to frame, define and create a roadmap for Lubbock's future to help make Lubbock more attractiv
The Lubbock talent pipeline management (tpm) initiative is a partnership with the Lubbock economic development alliance (leda). Tpm was started in 2014 by the u.s. Chamber of Commerce as an effort to mobilize the business community to close the skills gap by applying lessons learned from supply chain management to education and workforce partnerships. Employer collaborations play an expanded role as "end-customers" of a talent supply chain, thus they become more effective at determining their most critical working needs, communicating those needs to trusted partners, and managing and improving performance. The second important initiative involves the community workforce partnership of which the Lubbock Chamber, leda and workforce solutions south plains are members. Since 2015, these partners have collaborated to provide area school districts with career and technical education equipment for training in targeted in-demand jobs. This initiative has leveraged over $1.1m in state funds, gr

Who funds Lubbock Chamber of Commerce Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Texas Mutual Insurance CompanyWorkforce Development & Safety Training$100,000

Personnel at Lubbock Chamber of Commerce Foundation

NameTitleCompensation
Kay McDowellSecretary$0
Eddie McBridePresident / Secretary$0

Financials for Lubbock Chamber of Commerce Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$3,330
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$225,040
Total revenues$228,370

Form 990s for Lubbock Chamber of Commerce Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-08990PFView PDF
2022-122023-06-13990PFView PDF
2021-122022-10-20990PFView PDF
2020-122021-10-18990PFView PDF
2019-122022-01-19990PFView PDF
...and 9 more Form 990s
Data update history
December 30, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Texas Mutual Insurance Company
August 2, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 27, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 25, 2023
Updated personnel
Identified 1 new personnel
July 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvementBusiness and industry
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1500 Broadway Suite 101
Lubbock, TX 79401
Metro area
Lubbock, TX
County
Lubbock County, TX
Website URL
lubbockchamber.com/ 
Phone
(806) 761-7000
IRS details
EIN
75-2081274
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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