NonprofitsTorch Foundation

Torch Foundation

ROUND ROCK, TX

Total revenue

$15.3M

Total expenses

$13.5M

Net assets

$4.0M

Grants received

$1.4M

9 grants

EIN

208911377

Tax year

2024

Mission

To provide secured telecommunications services to the state's rural and community hospitals.

Programs

1 program

Providng rural healthcare facilities with the telecommunications equipment and services needed to advance in healthcare with telemedicine.

Expenses: $829K

Financials

FY 2024

Revenue

Contributions & grants$15.2M
Program service revenue
Investment income$80K
Other revenue
Total revenue$15.3M

Expenses

Grants paid$72K
Salaries & benefits
Fundraising
Other expenses$13.4M
Total expenses$13.5M
Total assets$4.0M
Net assets$4.0M

People

8 listed

NameRoleCompensation

TED MATTHEWS

Chairman

Board

1 hrs/wk

JEFF BARNHARDT

Secretary

Board

1 hrs/wk

BRIAN ROLLAND

VICE CHAIR

Board

1 hrs/wk

JEFF TURNER

TORCH CHAIR

Board

1 hrs/wk

JEFF LYLE

Director

Board

1 hrs/wk

CHRISTY FRANCIS

Director

Board

1 hrs/wk

JOHN HENDERSON

Director

Board

1 hrs/wk

QUANG NGO

President & CEO

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$250K
Support Change in Healthcare Financing
2024
$142K
Generational Learning
2024
$142K
Generational Learning
2023
$50K
Rural Telehealth Network and Infrastructure fund
2023
$500K
Support Change in Healthcare Financing
2022
$250K
Advancing Rural Health; Clinical Integration, Telehealth and data analytics
2021

Funded by

$1.4M from 5 funders · 9 grants · 2021–2024

Episcopal Health Foundation

$750K · 2 grants · 2022–2024

The Molina Healthcare Charitable Foundation

$300K · 2 grants · 2021–2023

Texas Mutual Insurance Company

$284K · 2 grants · 2023–2024

Dallas Jewish Community Foundation

$97K · 2 grants · 2022–2023

Fred And Ann Margolin Foundation

$1K · 1 grant · 2022

Details

EIN208911377
Subsection03
Ruling date2008-01
Employees0
TORCH FOUNDATION — Mission, Financials & Grants Received | Grantivo