NonprofitsSolar Car Challenge Foundation

Education

Solar Car Challenge Foundation

PLANO, TX

Total revenue

$192K

Total expenses

$188K

Net assets

$27K

Grants received

$394K

26 grants

EIN

274536063

Tax year

2024

Mission

STEM Education - Science, Engineering, Alternative Energy. The Solar Car Challenge Foundation helps motivate students in Science, Engineering, and Alternative Energy. We teach high school students how to plan, fund-raise, design, engineer, build, and race roadworthy solar cars. This goal is achieved through in-person workshops, virtual workshops, curriculum materials, mentor programs, and on-site visits. Since its inception, we have worked with more than 65,000 students in 37 states helping share the fun of STEM Education. Students enter a 15-month education cycle wherein they learn mechanical engineering, electrical engineering, aerodynamics, battery technology, project management, financial planning, materials technology, communications, coding, and construction skills. Most importantly, students learn life skills including dedication and commitment to a project. They learn how to deal with both success and failure.

Financials

FY 2024

Revenue

Contributions & grants$156K
Program service revenue
Investment income
Other revenue$36K
Total revenue$192K

Expenses

Grants paid$10K
Salaries & benefits
Fundraising
Other expenses$164K
Total expenses$188K
Total assets$27K
Net assets$27K

People

7 listed

NameRoleCompensation

Lehman Marks

President

Board

60 hrs/wk

William Shih

Vice-President

Board

5 hrs/wk

Chris Jones

Chief Race Judge

Board

2 hrs/wk

Jarrett Dunn

Race Operations

Board

3 hrs/wk

Brandon Ching

Technology

Board

2 hrs/wk

Christian Negratti

Ambassador

Board

2 hrs/wk

Mackenzie Becker

Public Affairs

Board

1 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$25K
Summer Intern Program
2024
$22K
Solar Car Challenge Fund
2024
$3K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$32K
Texas Star Alliance Engagement
2023
$25K
Intern Program
2023
$7K
Solar Car Challenge Trailer
2023
$20K
Summer Intern Program
2022
$10K
General & Unrestricted
2022
$10K
General & Unrestricted
2022
$2K
Science and Teachers Association of TX convention display space fund
2022
$2K
CAST Conference
2022
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$500
GENERAL SUPPORT
2022
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2021
$25K
Summer Intern Program
2020
$10K
Challenge fund
2020
$2K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$394K from 8 funders · 26 grants · 2018–2024

American Online Giving Foundation Inc

$139K · 5 grants · 2020–2024

The Lightner Sams Foundation Inc

$119K · 8 grants · 2020–2024

Caraway Family Foundation

$76K · 5 grants · 2022–2024

Mightycause Charitable Foundation

$53K · 3 grants · 2022–2024

The Northrop Grumman Foundation

$3K · 1 grant · 2024

Texas Instruments Foundation

$2K · 2 grants · 2021–2022

Baker Hughes Foundation

$500 · 1 grant · 2022

Details

EIN274536063
NTEE codeB90
Subsection03
Ruling date2011-03
SOLAR CAR CHALLENGE FOUNDATION — Mission, Financials & Grants Received | Grantivo