Nonprofits›Usit 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
Funded by
$25K from 4 funders · 8 grants · 2020–2024
Villa Family Foundation Inc
$15K · 2 grants · 2022–2023
American Online Giving Foundation Inc
$6K · 1 grant · 2024
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