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Grapevine Colleyville Isd Education Foundation Inc

EIN 75-2756537 · Grapevine, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood79 out of 100GovernanceStrong97 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To generate and distribute resources to the Grapevine-Colleyville Independent School District for programs and projects that enhance the quality of education and opportunities for students.

Income
$370,679
Spending
$408,532
Spent on programs
70%
Reserves
34.9 months of spending
Largest source of income
donations and private grants, 68%
Employees
2
Volunteers
30
Highest pay
$78,583, executive dir.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 79 out of 100. Higher than 44% of charities in its peer group (philanthropy, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 34.9 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 10% of income.

  • Income trend

    5 of 15

    Income fell 16% on the year before.

  • Spending floor

    15 of 15

    70% of spending went to programs and raising each dollar of donations cost 26 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 97 out of 100. Higher than 89% of charities in its peer group (philanthropy, $250k to $1m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $255,546 spent. THE FOUNDATION MANAGES A PERMANENT ENDOWMENT TO SUPPORT CAMPUS ACTIVITIES, SCHOLARSHIPS, AWARDS, AND OTHER GRANT PROGRAMS. THE ENDOWMENT IS INVESTED IN PUBLICLY TRADED MARKETABLE SECURITIES MANAGED BY PROFESSIONAL INVESTMENT ADVISORS. AN INVESTMENT COMMITTEE MADE UP OF BOARD MEMBERS AND OTHER VOLUNTEERS HIRE THE INVESTMENT ADVISORS AND OVERSEE INVESTMENT AND SPENDING POLICIES. ENDOWMENT EARNINGS ARE UTILIZED FOR THE PURPOSE INTENDED BY THE DONORS.
  2. $31,500 spent. Grants are awarded to teachers for classroom, school or district-wide projects within GCISD, and scholarships are awarded to graduating GCISD seniors. Teacher grants are funded by annual campaign donations, net proceeds from special events, and donor-designated contributions. Scholarships are funded by permanent endowments or donor-designated contributions. Teacher grant proposals and student applications are evaluated by volunteer committees of Board members and community volunteers. In addition, the Foundation hosts two special events: a luncheon to welcome newly-hired teachers, and an Academic Recognition Banquet honoring top-ranked graduating seniors, distinguished teachers, and the GCISD teachers and paraprofessional of the year.
  3. THE FOUNDATION ADMINISTERS A CORPORATE SPONSORSHIP/SPORTS MARKETING PROGRAM ON BEHALF OF THE SCHOOL DISTRICT, and proceeds are split between GCISD and the Foundation operations.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1998.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.