2023-11-14T04:18:06-00:00 2022-12-31 990EZ 2022-01-01 208534633 Insurance Council of Texas Education Foundation INSU 5124449611 5508 W US 290 HWY WB STE UNIT 100 Austin TX 78735 Tony Gonzalez President 5124449611 2023-11-13 false Antonio Gonzalez Antonio Gonzalez 999009999 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X www.insurancecouncil.org/educationfoundation X X 139612 X 139612 139612 82733 82733 56879 132625 189504 X 135125 189254 250 250 135375 189504 2750 132625 189504 X See Schedule O SCHOLARSHIPS The Foundation gave scholarships to 25 students in amounts ranging from 1,000 to 2,500 per semester for studying insurance and/or risk management. 39750 ACADEMIC ACHIEVEMENT AWARDS The Foundaton gave Academic Achievement Awards ranging from 2,000 to 3,000 to 9 Texas universities. 21000 PREVENTION SAFETY PROGRAM The Foundation distributed smoke alarms to fire departments in Texas and Hide, Lock Take signs to police departments in Texas. 21983 82733 Tony Gonzalez President 001.00 0 Craig Sparks Trustee 001.00 0 Joe Johnson Vice-President 001.00 0 Albert Betts Jr Ex-officio Trustee 001.00 0 Rick Gentry Trustee 001.00 0 Errica Rivera Trustee 001.00 0 John Schramm Trustee 001.00 0 Felicia Hutchins Trustee 001.00 0 Angela Doss Trustee 001.00 0 John Henle Trustee 001.00 0 Max McClure Trustee 001.00 0 X false true false false false false 0 0 0 false false Paula Harmon 5508 W US 290 HWY WB UNIT 100 Austin TX 78735 5124449611 false false false false false false false false false false false NONE NONE true X 114125 120658 97460 111635 134705 578583 114125 120658 97460 111635 134705 578583 578583 578583 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 10, Grants Paid Activity Student Scholarships, Grantee Various, Cash Grant 39,750, Relationship Form 990-EZ, Part I, Line 10, Grants Paid Activity Academic Achievement Awards, Grantee Various, Cash Grant 21,000, Relationship Form 990-EZ, Part I, Line 10, Grants Paid Activity Prevention, Safety and Public Education, Grantee Various, Cash Grant 21,983, Relationship Form 990-EZ, Part II, Line 24, Other Assets Accounts Receivable Beginning of year 250, End of year 250 Form 990-EZ, Part II, Line 26, Liabilities Accounts Payable Beginning of year 2,750, End of year 0 Form 990-EZ, Part I, Line 10 The Foundation awarded scholarships to 25 students, academic achievement awards to 9 universities, distributed smoke alarms to fire departments across Texas and distributed Hide Lock and Take signs to police departments across Texas. Form 990-EZ, Part III, Line 28 The organizations primary exempt purposes are to provide scholarships to students studying insurance or risk management courses at colleges and universities in Texas, to give monetary awards to colleges and universities in Texas to aid in enhancing their risk management and insurance courses, and to educate the public on risk management. Form 990-EZ, Part V, Line 34 In 2022, the Foundation board of trustees voted to make the following changes to the bylaws 1 updated the number of potential trustess from a maximum of ten to a maximum of twelve 2 updated the provisions regarding meetings to allow for alternative forms of meeting via available electronics communications systems 3 revised the list of board officers to include the immediate past president in addition to the presidend and vice-president roles and 4 changed the terms for officers from one to two years.