NonprofitsPanola College Foundation

Panola College Foundation

CARTHAGE, TX

Total revenue

$590K

Total expenses

$178K

Net assets

$4.9M

Grants received

$230K

14 grants

EIN

751846813

Tax year

2023

Mission

To foundation's purpose is to strengthen the educational resources of panola college by encouraging a program of benefactions to the college.

Programs

1 program

Scholarships awarded from the foundation to panola college students. There were no students that received in excess of $5,000.

Expenses: $89KGrants: $89K

Financials

FY 2023

Revenue

Contributions & grants$159K
Program service revenue
Investment income$366K
Other revenue$65K
Total revenue$590K

Expenses

Grants paid$171K
Salaries & benefits
Fundraising
Other expenses$7K
Total expenses$178K
Total assets$5.0M
Net assets$4.9M

People

13 listed

NameRoleCompensation

MRS TONI BIGGS

CHAIR

Board

0

MR ROBERT SHERMAN

VICE CHAIR

Board

0

MR STEVE WILLIAMS

SECRETARY

Board

0

MRS PATRICIA SMITH

MEMBER

Board

0

MS PEGGY POPE

MEMBER

Board

0

MR MARK LEACH

MEMBER

Board

0

MR BOBBY PHILLIPS

MEMBER

Board

0

MRS ALEASE COPELIN

MEMBER

Board

0

MR ROBBIE SHOULTS

MEMBER

Board

0

MRS TRACY SHOULTS

MEMBER

Board

0

MRS SANDRA PAYNE

MEMBER

Board

0

MS CAROLYN MURPHY

MEMBER

Board

0

MRS CHASTITI HORNE

MEMBER

Board

0

Grants received

Showing 14 of 14

FromAmountPurposeYear
$50K
GENERAL SUPPORT CONTRIBUTION
2024
$25K
GENERAL CONTRIBUTION
2024
$25K
GENERAL CONTRIBUTION
2023
$25K
GENERAL SUPPORT CONTRIBUTION
2023
$8K
GENERAL OPERATIONS
2023
$2K
AEP Foundation/SWEPCO Scholarship Endowment
2023
$10K
GENERAL OPERATIONS
2022
$8K
CHARITABLE DONATION
2022
$10K
GENERAL OPERATIONS
2021
$25K
GENERAL CONTRIBUTION
2020
$10K
GENERAL OPERATIONS
2020
$10K
COVID-19 EMERGENCY AID
2019
$10K
GENERAL OPERATIONS
2019
$12K
GENERAL OPERATIONS
2017

Funded by

$230K from 6 funders · 14 grants · 2017–2024

The Ray H Marr Foundation

$75K · 2 grants · 2023–2024

The Crain Foundation

$75K · 3 grants · 2020–2024

Lewis H Pool Foundation

$60K · 6 grants · 2017–2023

Texas Higher Education Foundation

$10K · 1 grant · 2019

Charities Aid Foundation America

$8K · 1 grant · 2022

Details

EIN751846813
Subsection03
Ruling date1983-02
Formed1982
Employees0
Volunteers0
PANOLA COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo