TEXAS ECONOMIC DEVELOPMENT CORPORATION
AI Summary
Texas Economic Development Corporation is a Texas-focused economic development organization that promotes the state as a premier business location and works to facilitate the location, expansion, and retention of domestic and international business investment. For filing year 2024, it reported a $4.6M operating budget and $3.8M in total revenue, with funding that includes support from TEXAS MEDICAL CENTER FOUNDATION, CHARITABLE FOUNDATION FROST F0359600, and Kleinheinz Family Foundation For The Arts And Education.
Mission Statement
THE TEXAS ECONOMIC DEVELOPMENT CORPORATION, TXEDC, WAS ESTABLISHED TO MARKET AND PROMOTE TEXAS AS A PREMIER BUSINESS STATE; AND TO FACILITATE THE LOCATION, EXPANSION, AND RETENTION OF DOMESTIC AND INTERNATIONAL BUSINESS INVESTMENT IN THE STATE. TXEDC IS FUNDED THROUGH PRIVATE CONTRIBUTIONS BY BUSINESSES, ORGANIZATIONS AND INDIVIDUALS INTERESTED IN THE PROMOTION OF BUSINESS, ECONOMIC DEVELOPMENT, AND JOB CREATION IN THE STATE OF TEXAS.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 11 funders
- 50 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is TEXAS ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, TEXAS ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $4.6 million. More detailed financial information is available to registered users.
What causes does TEXAS ECONOMIC DEVELOPMENT CORPORATION support?
TEXAS ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does TEXAS ECONOMIC DEVELOPMENT CORPORATION operate?
TEXAS ECONOMIC DEVELOPMENT CORPORATION is headquartered in Austin, TX.
Who funded TEXAS ECONOMIC DEVELOPMENT CORPORATION recently?
In 2024, TEXAS ECONOMIC DEVELOPMENT CORPORATION received grants from CHARITABLE FOUNDATION FROST F0359600, THE DALLAS FOUNDATION, and CHARITABLE FOUNDATION FROST F0359600. More information on this organization’s funders is available to registered users.
What is the largest grant TEXAS ECONOMIC DEVELOPMENT CORPORATION received in 2024?
The largest grant to TEXAS ECONOMIC DEVELOPMENT CORPORATION in 2024 exceeds $100 thousand.