| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 18,485 | 0 | 0 | 18,485 |
| Dissolution Name | Dissolution Address | Explanation | Dissolution Amount |
|---|---|---|---|
| THE CHARLES BUTT FOUNDATION |
200 E BASSE RD STE 201 SAN ANTONIO,TX782094490 |
IN DECEMBER 2021, ALL OF THE CASH, ACCOUNTS RECIEVABLE, PREPAID EXPENSES, AND ACCOUNTS PAYABLE OF THE FOUNDATION WERE TRANSFERRED TO A PRIVATE FOUNDATION DUE TO A MERGER IN ACCORDANCE WITH SECTION 507(B)(2). | 3,951,531 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| INFO ABOUT DIRECTORS AND HIGHLY PAID EMPLOYEES: | PART VIII, LINE 1 AND 2 | DIRECTOR CHARLES CLINES IS NOT DIRECTLY COMPENSATED HOWEVER FAIR WINDS MANAGEMENT, LLC (FWM), HIS WHOLLY OWNED COMPANY PROVIDES ADMINISTRATIVE SUPPORT TO THE FOUNDATION AND IS PAID UNDER A SERVICES AGREEMENT.AMOUNTS PAID TO FWM ARE BASED ON TIME SPENT BY FWM EMPLOYEES ON RAISE YOUR HAND FOR TEXAS EDUCATION FUND (RYHTEF) MATTERS. FWM IS ALSO REIMBURSED FOR DIRECT OUT OF POCKET COSTS INCURRED ON BEHALF OF RYHTEF. ALL AMOUNTS CHARGED TO RYHTEF ARE BASED ON ACTUAL COSTS TO FWM AND DO NOT INCLUDE ANY PREMIUM OR MARK-UP.RAISE YOUR HAND FOR TEXAS EDUCATION FUND (RYHTEF) HAS ENTERED INTO A COST SHARING AGREEMENT WITH RAISE YOUR HAND FOR PUBLIC SCHOOLS (RYHPS). RYHTEF WILL REIMBURSE RYHPS FOR ALL RYHTEF PROGRAM RELATED EXPENSES AND THE PAYROLL RELATED TO THE MANAGEMENT OF THE PROGRAMS.ALL COMPENSATION REPORTED IS A REIMBURSEMENT OF EMPLOYEE COSTS TO RAISE YOUR HAND FOR PUBLIC SCHOOLS. |
| SCHEDULE OF CONTROLLED ENTITIES | FORM 990-PF, PAGE 5 PART VII-A, LINE 11 | RAISE YOUR HAND FOR TEXAS EDUCATION FUND 20-3918577 ---------------------------------------- ------ ========================================================================== FORM 990-PF SCHEDULE OF CONTROLLED ENTITIES STATEMENT 9 PART VII-A, LINE 11 -------------------------------------------------------------------------- NAME OF CONTROLLED ENTITY EMPLOYER ID NO -------------------------- ------------ HOLDSWORTH CENTER FOR EXCELLENCE IN EDUCATION LEADERSHIP, 81-4254457 LLC (SMLLC) ADDRESS EXCESS BUSINESS HOLDING [ ] YES [X ] NO ------- P.O. BOX 90389 SAN ANTONIO, TX 78209 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS | 4 |
| TRANSFER DUE TO MERGER | 3,951,531 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 811,195 | 0 | 0 | 809,629 |
| OFFICE EXPENSE | 412,553 | 0 | 0 | 371,892 |
| DUES & SUBSCRIPTIONS | 125,597 | 0 | 0 | 117,082 |
| OTHER ADMINISTRATIVE EXPENSES | 159,012 | 0 | 0 | 161,680 |
| COMPUTER MAINTENANCE | 5,812 | 0 | 0 | 5,806 |
| PROFESSIONAL DEVELOPMENT | 6,872 | 0 | 0 | 6,872 |
| TUITION/REGISTRATION | 46,859 | 0 | 0 | 45,724 |
| EDUCATIONAL MATERIALS | 105 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| EXCISE TAX REFUNDS | 4,899 | 4,899 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTANTS - BLENDED LEARNING | 1,061,839 | 0 | 0 | 1,061,839 |
| CONSULTANTS - ADVOCACY & OUTREACH | 37,097 | 0 | 0 | 36,968 |
| HONORARIUM - LEADERSHIP SYMPOSIUM | 6,027 | 0 | 0 | 6,027 |
| CONSULTANTS - RAISING TEXAS TEACHERS | 1,015,025 | 0 | 0 | 418,606 |
| CONSULTANTS - LEADERSHIP SYMPOSIUM | 12,500 | 0 | 0 | 12,500 |
| OTHER PROFESSIONAL FEES | 140,627 | 0 | 0 | 77,458 |
| CONSULTANTS - MANAGEMENT SERVICES | 3,817,206 | 0 | 0 | 3,491,467 |
| CONSULTANTS - TEACHERS CAN | 201,400 | 0 | 0 | 196,306 |
| CONSULTANTS - CB SCHOLARSHIPS | 5,014 | 0 | 0 | 5,014 |
| KEY NOTE SPEAKERS - LEADERSHIP SYMPOSIUM | 14,113 | 0 | 0 | 14,113 |
| CONSULTANTS - PRESIDENT'S FUND | 400 | 0 | 0 | 400 |
| KEY NOTE SPEAKERS - CB SCHOLARSHIPS | 19,000 | 0 | 0 | 19,000 |
| KEY NOTE SPEAKERS - RAISING TEXAS TEACHERS | 56,000 | 0 | 0 | 56,000 |
| HONORARIUM - ADVOCACY & OUTREACH | 4,500 | 0 | 0 | 4,500 |