NonprofitsDel Mar College Foundation Inc

Public Foundations

Del Mar College Foundation Inc

CORP CHRISTI, TX

Total revenue

$12.1M

Total expenses

$4.7M

Net assets

$41.5M

Grants received

$3.1M

91 grants

EIN

742286234

Tax year

2024

Mission

Support dmc student success via philanthropic support and in alignment with dmc initiatives.

Programs

1 program

Support the people, programs and projects at del mar college including expenditures for art, drama, music, technology, library, radiology technology, welding, process technology, childcare, mental health, student emergency aid, specifically $166,969 emergency aid to 594 students. In addition the foundation contributed funds for the rennovation and modernization of the william f. White, jr. Library.

Expenses: $1.6MGrants: $1.6M

Financials

FY 2024

Revenue

Contributions & grants$7.0M
Program service revenue
Investment income$5.1M
Other revenue
Total revenue$12.1M

Expenses

Grants paid$4.6M
Salaries & benefits
Fundraising
Other expenses$111K
Total expenses$4.7M
Total assets$41.6M
Net assets$41.5M

People

18 listed

NameRoleCompensation

SANDRA ALVAREZ

PRESIDENT

Board

0

LANCE BROWN

VICE PRESIDENT

Board

0

TRAVIS NELSON

TREASURER

Board

0

MELODY NIXON-BICE

SECRETARY

Board

0

TODD M WALTER

SCHOLARSHIP AWARDS CHAIR

Board

0

DRUE JONES

SPECIAL PROJECTS CHAIR

Board

0

MICHELLE UNDA

PAST PRESIDENT

Board

0

DR MARK ESCAMILLA

DMC PRESIDENT AND CEO

Board

0

TROY BETHEL

TRUSTEE

Board

0

KEN TREVINO

BOARD DEVELOPMENT CHAIR

Board

0

ROSENDO CRUZ

TRUSTEE

Board

0

KAUSHIK BHAKTA

TRUSTEE

Board

0

RUSSELL FRANQUES

TRUSTEE

Board

0

DR CRISSY HINOJOSA

TRUSTEE

Board

0

TIM LEGAMARO

TRUSTEE

Board

0

SUSAN TEMPLE

TRUSTEE

Board

0

ADAM SMITH

TRUSTEE

Board

0

MATTHEW BUSBY

VP OF DEV & DONOR ADVISING

Board

40 hrs/wk

Grants received

Showing 91 of 91

FromAmountPurposeYear
$178K
EDUCATIONAL PROGRAMS
2024
$150K
Vocational Programs
2024
$100K
College Safety Grant
2024
$50K
ENDOWMENT/SCHOLARSHIPS
2024
$41K
Student support services program
2024
$35K
KMF Initiative - Annual Scholarship
2024
$8K
DMC welding greatest need
2024
$5K
Youth child care
2024
$2K
EDUCATIONAL SUPPORT
2024
$2K
Established in 1983, the Del Mar College Foundation is people helping people. The Foundation provides scholarships, supports educational programs and works with other organizations to help remove barriers for students. We identify and develop resources that help solve problems in our community. More about our people here.Ninety percent (90%) of Del Mar College students come from the local area and remain in the community. As students join the local workforce, the credentials they earn at Del Mar College increase their earning potential, empowering them to become productive, contributing citizens. Their lives and the lives of their families are forever changed by the newfound prospect of financial stability. The Foundation's goal is to provide the resources needed for all students to have the ability to achieve their educational goals
2024
$1K
Established in 1983, the Del Mar College Foundation is people helping people. The Foundation provides scholarships, supports educational programs and works with other organizations to help remove barriers for students. We identify and develop resources that help solve problems in our community. More about our people here.Ninety percent (90%) of Del Mar College students come from the local area and remain in the community. As students join the local workforce, the credentials they earn at Del Mar College increase their earning potential, empowering them to become productive, contributing citizens. Their lives and the lives of their families are forever changed by the newfound prospect of financial stability. The Foundation's goal is to provide the resources needed for all students to have the ability to achieve their educational goals
2024
$100K
College Safety Grants
2023
$100K
CAPITAL CAMPAIGN
2023
$68K
EDUCATIONAL PROGRAMS
2023
$50K
To provide scholarships to five (5) students at $10,000 covering the cost of tuition, fees and books for the full program with preference to students from San Patricio County
2023
$50K
ENDOWMENT/SCHOLARSHIPS
2023
$35K
KMF Initiative - Annual Scholarship
2023
$30K
UNRESTRICTED GENERAL SUPPORT
2023
$20K
SCHOLARSHIPS
2023
$15K
SCHOLARSHIPS
2023
$11K
PUBLIC, SOCIETAL BENEFIT
2023
$10K
SCHOLARSHIPS
2023
$8K
Youth child care
2023
$7K
For grant recipient's exempt purposes
2023
$3K
SCHOLARSHIP
2023
$2K
Established in 1983, the Del Mar College Foundation is people helping people. The Foundation provides scholarships, supports educational programs and works with other organizations to help remove barriers for students. We identify and develop resources that help solve problems in our community. More about our people here.Ninety percent (90%) of Del Mar College students come from the local area and remain in the community. As students join the local workforce, the credentials they earn at Del Mar College increase their earning potential, empowering them to become productive, contributing citizens. Their lives and the lives of their families are forever changed by the newfound prospect of financial stability. The Foundation's goal is to provide the resources needed for all students to have the ability to achieve their educational goals
2023
$1K
EDUCATIONAL SUPPORT
2023
$647
Established in 1983, the Del Mar College Foundation is people helping people. The Foundation provides scholarships, supports educational programs and works with other organizations to help remove barriers for students. We identify and develop resources that help solve problems in our community. More about our people here.Ninety percent (90%) of Del Mar College students come from the local area and remain in the community. As students join the local workforce, the credentials they earn at Del Mar College increase their earning potential, empowering them to become productive, contributing citizens. Their lives and the lives of their families are forever changed by the newfound prospect of financial stability. The Foundation's goal is to provide the resources needed for all students to have the ability to achieve their educational goals
2023
$53
PROGRAM/OPERATING SUPPORT
2023
$148K
EDUCATIONAL PROGRAMS
2022
$100K
College Safety Grants
2022
$65K
DEL MAR COLLEGE SCHOLARSHIP
2022
$52K
ENDOWMENT/SCHOLARSHIPS
2022
$35K
Annual Scholarship
2022
$25K
General & Unrestricted
2022
$15K
SCHOLARSHIPS
2022
$10K
SPONSOR STUDENT SCHOLARSHIPS
2022
$10K
Youth child care
2022
$10K
SCHOLARSHIPS
2022
$8K
SCHOLARSHIPS
2022
$6K
For grant recipient's exempt purposes
2022
$4K
SCHOLARSHIP
2022
$2K
PROGRAM/OPERATING SUPPORT
2022
$1K
PHILANTHROPIC
2022
$900
EDUCATIONAL SUPPORT
2022
$50K
ENDOWMENT/SCHOLARSHIPS
2021
$28K
SCHOLARSHIPS BASED ON FINANCIAL NEED
2021
$20K
(1) BEHMANN BROTHERS FOUNDATION ENDOWED SCHOLARSHIP FUND (2) DEL MAR COLLEGE FOUNDATION STUDENT EMERGENCY ASSISTANCE FUND
2021
$20K
(1) BEHMANN BROTHERS FOUNDATION ENDOWED SCHOLARSHIP FUND (2) DEL MAR COLLEGE FOUNDATION STUDENT EMERGENCY ASSISTANCE FUND
2021
$15K
SCHOLARSHIPS
2021
$14K
SCHOLARSHIP
2021
$10K
SCHOLARSHIPS
2021
$6K
SCHOLARSHIPS
2021
$4K
STEM SUPPORT
2021
$3K
Youth child care
2021
$2K
SCHOLARSHIPS BASED ON FINANCIAL NEED
2021
$2K
SCHOLARSHIPS BASED ON FINANCIAL NEED
2021
$381K
DISASTER RELIEF
2020
$200K
TO HELP AND IMPROVE AEP COMMUNITIES
2020
$162K
EDUCATIONAL PROGRAMS
2020
$100K
Grants to Texas community colleges to fund safety programs
2020
$40K
ENDOWNMENT/SCHOLARSHIPS
2020
$33K
SCHOLARSHIP
2020
$25K
SCHOLARSHIPS
2020
$25K
ENDOWNMENT FUND FOR SCHOLARSHIPS
2020
$11K
For grant recipient's exempt purposes
2020
$10K
SCHOLARSHIPS
2020
$10K
SCHOLARSHIPS
2020
$4K
STEM SUPPORT
2020
$4K
SCHOLARSHIPS BASED ON FINANCIAL NEED
2020
$3K
SCHOLARSHIPS BASED ON FINANCIAL NEED
2020
$3K
Youth child care
2020
$20K
COVID-19 EMERGENCY AID
2019
$4K
STEM SUPPORT
2019
$40K
ENDOWNMENT/SCHOLARSHIPS
2018
$35K
Tuition Assistance Program
2018
$22K
SCHOLARSHIP
2018
$10K
SCHOLARSHIPS
2018
$10K
Youth education
2018
$5K
SCHOLARSHIPS
2018
$2K
GENERAL SUPPORT
2018
$600
PROGRAM/OPERATING SUPPORT
2018
$500
PROGRAM/OPERATING SUPPORT
2018
$5K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$3.1M from 35 funders · 91 grants · 2017–2024

Coastal Bend Community Foundation

$556K · 4 grants · 2020–2024

Texas Mutual Insurance Company

$400K · 4 grants · 2020–2024

The Onestar Foundation

$381K · 1 grant · 2020

Yvonne H Simard Foundation

$282K · 6 grants · 2018–2024

American Electric Power Foundation

$225K · 2 grants · 2020–2022

The John G and Marie Stella Kenedy

$175K · 5 grants · 2018–2024

Tres Grace Family Foundation

$150K · 1 grant · 2024

Margaret Sue Rust Foundation

$100K · 1 grant · 2023

Details

EIN742286234
NTEE codeT30
Subsection03
Ruling date1983-12
Formed1983
Employees0
Volunteers0
DEL MAR COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo