Transparency, by the numbers
Every figure on this page comes from our public IRS filings. We keep our overhead close to zero so that what you give becomes what scholars receive.
The financial record
Three fiscal years, fully public
Our Form 990 filings are summarized below — and linked in full, as filed with the IRS.
| Fiscal year | Contributions | Total expenses | Surplus / (deficit) | Net assets (year-end) |
|---|---|---|---|---|
| FY2023 | $450,000 | $373,647 | +$76,353 | $79,107 |
| FY2024 | $480,000 | $556,398 | −$76,398 | $2,709 |
| FY2025 | $460,000 | $454,933 | +$5,067 | $7,776 |
| Three-year total | $1,390,000 | $1,384,978 | +$5,022 | — |
Source: IRS Form 990 filings via ProPublica Nonprofit Explorer. In each year, 100% of revenue is reported as contributions — no program fees, investment income, rental or fundraising-event revenue.
Sources of support
Where every dollar comes from
We are not an endowment foundation — our ability to grant each year depends on the year's contributions. That is why monthly giving matters so much to us.
Where it goes
A pass-through model
Across FY2023–FY2025, the grant amounts reported in our 990s total approximately 99% of our total expenses:
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No paid staff Officer compensation $0 · salaries $0 · professional fundraising $0 (FY2023).
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No debt Liabilities at end of FY2025: $0.
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Nearly everything passes through Receive contributions → grant them out → hold back almost nothing. Three-year surplus: just $5,022.
A $153,000 grant to Tyler Catholic School Foundation — supporting scholarship aid and student programs at St. Gregory Cathedral School and Bishop Gorman Catholic School. Remaining grantees are listed in the grant schedules of our Form 990 filings.
Public documents
Open by default
Documents we make publicly available, with links to the primary sources where they exist.
Accountability
We answer to you
Questions, record requests and concerns are answered by the full board within 5 business days. Write to [email protected] — or anonymously through the contact form. EIN 84-1962360 · Tyler, TX.