ENTREPRENEURS FOUNDATION OF CENTRAL TEXAS: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ENTREPRENEURS FOUNDATION OF CENTRAL TEXAS (EIN 74-2930535)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-06
IRS object ID
201343109349301439
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-06T14:05:59-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1401 CONGRESS SUITE 1800AddressLine1
CityAUSTINCity
StateTXState
ZIP Code78701ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN742930535EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Entrepreneurs Foundation of Central TexasBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% EUGENE SEPULVEDAInCareOfName
Name ControlENTRNameControl
Phone5124828894Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 684826AddressLine1
Address Line2SuiteAddressLine2
CityAustinCity
StateTXState
ZIP Code78768ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameEugene SepulvedaName
TitleCEOTitle
Date Signed2013-11-06DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Phone5124733446Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonEugene SepulvedaNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO Box 684826AddressLine1
CityAustinCity
StateTXState
ZIP Code78768ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1236645GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.amplifyaustin.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1999YearFormation
State Legal DomicileTXStateLegalDomicile
Activity Or Mission DescriptionPromote philanthropy & volunteerism in Austin's high-tech, venture-backed communityActivityOrMissionDescription
Nbr Voting Members Governing Body11NbrVotingMembersGoverningBody
Nbr Independent Voting Members10NbrIndependentVotingMembers
Total Nbr Employees6TotalNbrEmployees
Total Nbr Volunteers2334TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year378489ContributionsGrantsPriorYear
Contributions Grants Current Year385165ContributionsGrantsCurrentYear
Program Service Revenue Prior Year207500ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year-88248InvestmentIncomePriorYear
Investment Income Current Year792840InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year-18206OtherRevenueCurrentYear
Total Revenue Prior Year497741TotalRevenuePriorYear
Total Revenue Current Year1159799TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year88351GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY72000GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year280143SalariesEtcPriorYear
Salaries Etc Current Year241968SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year26591TotalFundrsngExpCurrentYear
Other Expense Prior Year453085OtherExpensePriorYear
Other Expenses Current Year228877OtherExpensesCurrentYear
Total Expenses Prior Year821579TotalExpensesPriorYear
Total Expenses Current Year542845TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-323838RevenuesLessExpensesPriorYear
Revenues Less Expenses CY616954RevenuesLessExpensesCY
Total Assets BOY1664824TotalAssetsBOY
Total Assets EOY1686490TotalAssetsEOY
Total Liabilities BOY300TotalLiabilitiesBOY
Total Liabilities EOY4293TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1664524NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1682197NetAssetsOrFundBalancesEOY
Mission DescriptionPROMOTE PHILANTHROPY & VOLUNTEERISM IN AUSTIN'S HIGH-TECH, VENTURE-BACKED COMMUNITYMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense141610Expense
Grants0Grants
DescriptionOur Leadership projects: 2012 primary leadership project is Lemonade Day, an entrepreneurial training program for children.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense348441Expense
Grants72000Grants
DescriptionCorporate Social Responsibility programs for member companies, approximately 110 active member companies. Over 11,000 volunteer hours leveraged for community initiatives.Description
FieldValueIRS element (for citing)
Total Program Service Expense490051TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundstrueDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10966NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees6NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members11NbrVotingGoverningBodyMembers
Number Independent Voting Members10NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonEUGENE SEPULVEDANamePerson
Telephone Number5124828894TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 684826AddressLine1
CityAustinCity
StateTXState
ZIP Code78768ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
Bill Bock
Chairman1.0XX000
Jeff Browning
Board Member1.0X000
Elizabeth Davis
Board Member1.0X000
David Hood
Board Member1.0X000
Paul Hurdlow
Secretary1.0XX000
David Lee
Board Member1.0X000
Jan Lindelow
Board Member1.0X000
Eugene Sepulveda
CEO, Board Member30.0XX12396101800
Phil Siegel 1112 - 91112
Board Member1.0X000
Ellen Wood
Treasurer1.0XX000
Tom Ball Eff 91112
Board Member1.0X000
Amy Chronis Eff 21412
Board Member1.0X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org123961TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation1800TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events105818FundraisingEvents
All Other Contributions279347AllOtherContributions
Noncash Contributions57888NoncashContributions
Total Contributions385165TotalContributions
Total Program Service Revenue0TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column49TotalRevenueColumn
Exclusion$49ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities826831Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities34040Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities792791Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column792791TotalRevenueColumn
Exclusion$792,791ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events24600GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events105818CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses42806FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-18206TotalRevenueColumn
Exclusion-$18,206ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1159799TotalRevenueColumn
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$774,634ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total72000Total
Program Services72000ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total125911Total
Program Services100729ProgramServices
Management And General12591ManagementAndGeneral
Fundraising12591Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total80282Total
Program Services64226ProgramServices
Management And General8028ManagementAndGeneral
Fundraising8028Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total19708Total
Program Services15766ProgramServices
Management And General1971ManagementAndGeneral
Fundraising1971Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total16067Total
Program Services12853ProgramServices
Management And General1607ManagementAndGeneral
Fundraising1607Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total0Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total3852Total
Program Services3852ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total3000Total
Program Services3000ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total1942Total
Program Services1554ProgramServices
Fundraising388Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total7196Total
Program Services7196ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total3036Total
Program Services3036ProgramServices

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total19868Total
Program Services19868ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total10031Total
Program Services6019ProgramServices
Management And General2006ManagementAndGeneral
Fundraising2006Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total0Total

Insurance Insurance

FieldValueIRS element (for citing)
Total1524Total
Program Services1524ProgramServices

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
TRAINING & DEVELOPMENT17351735
EVENT EXPENSE179915179915
OTHER EXPENSES-3222-3222

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total542845Total
Program Services490051ProgramServices
Management And General26203ManagementAndGeneral
Fundraising26591Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY105673BOY
EOY73063EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY0BOY
EOY678710EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY50000BOY
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY16500BOY
EOY16000EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY0BOY
EOY1500EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY0BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY1355277BOY
EOY744476EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY134374BOY
EOY169741EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY3000BOY
EOY3000EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1664824BOY
EOY1686490EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY300BOY
EOY4293EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY300BOY
EOY4293EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1664524BOY
EOY1682197EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1664524BOY
EOY1682197EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1664824BOY
EOY1686490EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses616954ReconcilationRevenueExpenses
Reconciliation Unrealized Invest-599281ReconciliationUnrealizedInvest
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years197250CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years549564CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1251884CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year378488CurrentTaxYearMinus1Year
Current Tax Year385165CurrentTaxYear
Total2762351Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years197250CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years549564CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1251884CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year378488CurrentTaxYearMinus1Year
Current Tax Year385165CurrentTaxYear
Total2762351Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total662361AmountsSubstContributorsTotal
Public Support Total1702099990PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years29483CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years341CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years60CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year19CurrentTaxYearMinus1Year
Current Tax Year49CurrentTaxYear
Total29952Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years142875CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years26415CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years361522CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year207500CurrentTaxYearMinus1Year
Current Tax Year0CurrentTaxYear
Total738312Total
FieldValueIRS element (for citing)
Total Support3530615TotalSupport
Public Support Pertcentage1700.59479PublicSupportPertcentage170
Public Support Pertcent Prior Year0.53008PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControltrueDisclosedOrgsLegalControl
Disclosed For Charitable PurposestrueDisclosedForCharitablePurposes
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
Current Year Minus3 YearsCurrentYearMinus3Years
Current Year Minus4 YearsCurrentYearMinus4Years
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements
EquipmentEquipment
Other Land BuildingsOtherLandBuildings
Financial DerivativesFinancialDerivatives

Closely Held Equity Interests CloselyHeldEquityInterests

FieldValueIRS element (for citing)
Book Value169741BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities169741TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability
Total Of Amounts0TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt654324TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-599281NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities51000DonatedSrvcAndUseOfFacilities
Other Revenues42806OtherRevenues
Revenue Not Rptd F990-505475RevenueNotRptdF990
Revenue Subtotal1159799RevenueSubtotal
Total Revenue Per Form9901159799TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt636651TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities51000DonatedServicesUseOfFacilities
Other Expenses Included42806OtherExpensesIncluded
Expenses Not Rptd F99093806ExpensesNotRptdF990
Expenses Subtotal542845ExpensesSubtotal
Total Expenses Per Form990542845TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Supplemental InformationSch D Part X Line 2 Income tax footnoteThe Foundation has not identified or recorded any liability for uncertain tax positions for 2012 or 2011.
Sch D Part XI line 2d AND Sch D Part XIi line 2DFUNDRAISING EVENT DIRECT EXPENSES RECLASSED FROM EXPENSE TO REVENUE FOR THE 990: 42,806

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1AUSTIN INVITATNNameOfEvent1
Gross Receipts Event1130418GrossReceiptsEvent1
Charitable Contributions Event1105818CharitableContributionsEvent1
Gross Revenue Event124600GrossRevenueEvent1
Rent Facility Costs Event17500RentFacilityCostsEvent1
Food And Beverage Event110927FoodAndBeverageEvent1
Entertainment Event113800EntertainmentEvent1
Other Direct Expenses Event110579OtherDirectExpensesEvent1
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total130418GrossReceiptsTotal
Charitable Contributions Total105818CharitableContributionsTotal
Gross Revenue Total Events24600GrossRevenueTotalEvents
Rent Facility Costs Total Events7500RentFacilityCostsTotalEvents
Food And Beverage Total Events10927FoodAndBeverageTotalEvents
Entertainment Total Events13800EntertainmentTotalEvents
Other Direct Expenses Total Events10579OtherDirectExpensesTotalEvents
Direct Expense Summary Events42806DirectExpenseSummaryEvents
Net Income Summary-18206NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Recipient Table RecipientTable (4 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrant
JEREMIAH PROGRAM
PO BOX 50590AUSTINTX78763411801834501(C)(3)20000COMMUNITY SUPPORT
DOWN SYNDROME ASSOCIATION OF CENTRAL TEXAS
3710 CEDAR STREET BOX 3AUSTINTX78705742577312501(c)(3)15000COMMUNITY SUPPORT
GREATER AUSTIN CHAMBER OF COMMERCE
535 EAST 5TH STREETAUSTINTX78701740492475501(C)(6)11500COMMUNITY SUPPORT
LIFEWORKS
3700 South 1st StAustinTX78704742137189501(C)(3)10000COMMUNITY SUPPORT
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants3TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations1TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierForm 990, Schedule IIdentifier
Return ReferenceDescription of Organization's Procedures for Monitoring the Use of GrantsReturnReference
ExplanationEntrepreneurs Foundation of Central Texas enters into grant contracts for specific use of funds. Grantees must report back on completion of contract.Explanation

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArt
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest
Books And PublicationsBooksAndPublications
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty
Securities Publicly TradedSecuritiesPubliclyTraded

Securities Closely Held Stock SecuritiesCloselyHeldStock

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions11NumberOfContributions
Noncash Contribs Rptd F99057888NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierPART 1 COLUMN BIdentifier
ExplanationTHE ORGANIZATION IS REPORTING BASED ON THE NUMBER OF CONTRIBUTIONS EXCEPT FOR CONTRIBUTIONS OF SECURITIES THAT ARE REPORTED PER GIFT.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

FieldValueIRS element (for citing)
IdentifierSupplemental InformationIdentifier
ExplanationFORM 990, PART VI, QUESTION 2 DID ANY OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE HAVE A BUSINESS RELATIONSHIP WITH ANY OTHER OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE JEFF BROWNING AND PHIL SIEGEL ARE DIRECTORS OF THE FOUNDATION AND HAVE A BUSINESS RELATIONSHIP AS PRINCIPALS IN AN UNRELATED COMPANY FORM 990, PART VI, QUESTION 11 DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 THE FORM 990 IS REVIEWED BY THE CEO BEFORE FILING. AFTER FILING, ELECTRONIC COPIES OF FORM 990 ARE DISTRIBUTED TO EACH DIRECTOR. FORM 990, PART VI, QUESTION 12C DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST WE ENGAGE IN NO OUTSIDE CONTRACTS EXCEPT FOR CONTRACT LABOR AND IT IS THOROUGHLY EXPLORED THAT THERE ARE NO DIRECTOR RELATIONSHIPS WITH ANYONE HIRED FOR CONTRACT LABOR. CONFLICT OF INTEREST QUESTIONNAIRES ARE SUBMITTED BY EACH OFFICER AND DIRECTOR ON AN ANNUAL BASIS. THE QUESTIONNAIRES ARE REVIEWED BY THE BOARD, AND ANY EXCEPTIONS TO POLICY ARE VOTED UPON BY THE BOARD. THE OFFICER OR DIRECTOR WITH THE POTENTIAL CONFLICT IS RECUSED FROM THE VOTE. FORM 990, PART VI, QUESTION 15A OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN ALL BOARD MEMBERS WITH THE EXCEPTION OF THE CEO ARE INDEPENDENT. THEY ENTER INTO EXECUTIVE SESSION TO DETERMINE FINAL COMPENSATION OF EACH KEY PERSON FOR THE YEAR. CURRENT COMPENSATION LEVELS WERE DETERMINED IN 2008 BY THE BOARD PER REVIEW OF INDUSTRY SURVEYS, WITH ANNUAL COST OF LIVING ADJUSTMENTS. FORM 990, PART VI, QUESTION 19 AVAIL OF GOV DOCS, CONFLICT OF INT POLICY, & FIN STMTS TO GEN PUBLIC THESE DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW ON OUR WEBSITE OR IN PERSON AT OUR OFFICES AT 2921 E. 17TH ST., AUSTIN, TX 78702. FORM 990, PART XII, QUESTION 2C THE ORGANIZATION HAS A COMMITTEE HEADED BY THE TREASURER WHICH OVERSEES THE SELECTION OF INDEPENDENT AUDITORS AND REVIEWS THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 5 RECONCILIATION OF NET ASSETS UNREALIZED LOSS - ($599,281)Explanation

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