NonprofitsDr Lanse T Fox Memorial Organization

Education

Dr Lanse T Fox Memorial Organization

LAREDO, TX

Total revenue

$258K

Total expenses

$452K

Net assets

$83K

Grants received

EIN

471421061

Tax year

2024

Mission

Our mission is to host events to raise funds for academic scholarships for students attending college and veterinary school, primarily at ross university school of veterinary medicine. Our nonprofits namesake, dr. Lanse t. Fox, was a graduate of rusvm and owed much of his life experience and success to his time there, and our goal is to help other students realize their dreams of going to school there and becoming veterinarians.

Programs

1 program

We have established a second endowed scholarship fund. This fund was established at the laredo area community foundation, and it will disburse scholarships for students graduating from cotulla high school. We are already the largest scholarship giver at chs graduation each year, and the establishment and growth of our endowment at lacf will ensure that our scholarships will be disbursed there in perpetuity. This endowment fund is scheduled to disburse for the first time in 2025.

Financials

FY 2024

Revenue

Contributions & grants$162K
Program service revenue
Investment income$2
Other revenue$96K
Total revenue$258K

Expenses

Grants paid$450K
Salaries & benefits
Fundraising
Other expenses$2K
Total expenses$452K
Total assets$83K
Net assets$83K

People

5 listed

NameRoleCompensation

CHARLES K COLEMAN

EXECUTIVE VI

Board

2.5 hrs/wk

KEITH W FRANKLIN

PRESIDENT

Board

5 hrs/wk

ROY FRANKLIN

VP OF COMMUN

Board

2.5 hrs/wk

JASON HART

VICE PRES OF

Board

1.5 hrs/wk

LOGAN WEST

SECRETARY

Board

1.5 hrs/wk

Details

EIN471421061
NTEE codeB82
Subsection03
Ruling date2014-08
Formed2014
Employees0
Volunteers15
DR LANSE T FOX MEMORIAL ORGANIZATION — Mission, Financials & Grants Received | Grantivo