NonprofitsUsit Foundation

Education

Usit Foundation

HOUSTON, TX

Total revenue

$172K

Total expenses

$150K

Net assets

$145K

Grants received

$25K

8 grants

EIN

812766893

Tax year

2022

Mission

We develop undergraduate students to critically assess the world and apply their analysis in investing data science and philanthropy

Programs

1 program

Educational and interactive student organization to promote personal, occupational, and academic growth through active securities investing.

Expenses: $51K

Financials

FY 2022

Revenue

Contributions & grants$149K
Program service revenue$23K
Investment income$622
Other revenue
Total revenue$172K

Expenses

Grants paid$100K
Salaries & benefits
Fundraising
Other expenses$51K
Total expenses$150K
Total assets$145K
Net assets$145K

People

1 listed

NameRoleCompensation

HARVEY D POWERS

Trustee

Board

10 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$750
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$2K
GENERAL OPERATING SUPPORT
2023
$250
GENERAL OPERATING SUPPORT
2021
$450
OPERATIONAL SUPPORT
2020
$150
GENERAL OPERATING SUPPORT
2020

Funded by

$25K from 4 funders · 8 grants · 2020–2024

Villa Family Foundation Inc

$15K · 2 grants · 2022–2023

Jpmorgan Chase Foundation

$3K · 4 grants · 2020–2024

LPL Financial Foundation Inc

$450 · 1 grant · 2020

Details

EIN812766893
NTEE codeB84
Subsection03
Ruling date2016-07
Formed2016
Employees0
USIT FOUNDATION — Mission, Financials & Grants Received | Grantivo