Community foundation · EIN 31-1742706
Laredo Area Community Foundation
Laredo, TX
Laredo Area Community Foundation is a community foundation based in Laredo, TX. On its Form 990 (Schedule I) for tax year 2024, it reported $735K in grants paid across 28 grants, with $19.4M in total assets. Its largest grants went to Texas A&M International Unive, Cotulla Childrens Museum and Christ Church Episcopal.
How to request funding
Community foundations usually run open grant rounds for nonprofits in their area, alongside donor-advised funds that donors direct. Check Laredo Area Community Foundation's website for current grant opportunities, deadlines and eligibility.
How it makes and monitors grants (Schedule I, Part IV)
Other: Part II, Line 1: All university/college grants are sent to the student scholarship departments and are utilized for the student's tuition, books and student fees assessed by the university/college. Grants are reviewed by the Grant committee and upon recommendation to and approval by the board, the grant is awarded. All released grants are accompanied by a letter specifying the use of the funds, reporting requirements and deadlines, if required. The Grant committee then reviews compliance of grant use by the deadline prescribed.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
To inspire by generosity and empower by a legacy of giving, the Laredo Area Community Foundation provides for the philanthropic needs of Laredo and surrounding communities.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Texas A&M International Unive | Laredo, TX | Scholarships | $133,115 |
| Cotulla Childrens Museum | Cotulla, TX | Operating Expenses | $59,234 |
| Christ Church Episcopal | Laredo, TX | Operating Expenses | $58,979 |
| Sisters of Mercy | Laredo, TX | Operating Expenses | $51,500 |
| Boys and Girls Club of Laredo | Laredo, TX | Operating Expenses | $41,287 |
| Imaginarium of South Texas | Laredo, TX | Operating Expenses | $36,746 |
| Laredo College | Laredo, TX | Scholarships | $26,053 |
| Laredo Church of Christ | Laredo, TX | Operating Expenses | $21,500 |
| Divine Mercy Catholic Church | Laredo, TX | Operating Expenses | $15,000 |
| Casa De Misericordia | Laredo, TX | Operating Expenses | $14,250 |
| Sacred Heart Children Home | Laredo, TX | Operating Expenses | $11,658 |
| Junior Achievement of Laredo | Laredo, TX | Operating Expenses | $11,529 |
| Martin High School | Laredo, TX | Scholarsahips | $10,187 |
| Cong of the Blessed Sacramen | Highland Height, OH | Operating Expenses | $10,000 |
| Franciscan Farias of Hebbron | Hebbronville, TX | Operating Expenses | $10,000 |
| Landon School | Bethseda, MD | Scholarships | $10,000 |
| Texas A&M University | College Station, TX | Scholarships | $10,000 |
| University of Texas at San An | San Antonio, TX | Scholarships | $10,000 |
| United Day School | Laredo, TX | Scholarships | $9,600 |
| Laredo Cancer Society | Laredo, TX | Operating Expenses | $8,383 |
| Laredo Center of the Arts | Laredo, TX | Operating Expenses | $8,276 |
| Laredo Theater Guild Intl | Laredo, TX | Operating Expenses | $8,001 |
| Laredo Philharmonic Orchestra | Laredo, TX | Operating Expenses | $6,767 |
| Texas A&M Univ - Kingsville | Kingsville, TX | Scholarships | $6,500 |
| Rio Grande Intl Study Center | Laredo, TX | Operating Expenses | $6,387 |
The 25 largest of 28 grants listed on the return. Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Laredo Area Community Foundation accept grant applications?
Community foundations usually run open grant rounds for nonprofits in their area, alongside donor-advised funds that donors direct. Check Laredo Area Community Foundation's website for current grant opportunities, deadlines and eligibility. Form 990 does not report an application process, so confirm with the organization.
How much does Laredo Area Community Foundation give each year?
For tax year 2024, it reported $734,733 in grants paid (28 grants). Giving can change from year to year.
What organizations has Laredo Area Community Foundation funded?
Its largest grants in tax year 2024 went to Texas A&M International Unive (TX), $133K, Cotulla Childrens Museum (TX), $59.2K, Christ Church Episcopal (TX), $59K, Sisters of Mercy (TX), $51.5K and Boys and Girls Club of Laredo (TX), $41.3K.