AI Summary
The SETRAC Foundation, a Texas nonprofit organization with EIN 82-4197811, is dedicated to supporting the SouthEast Texas Regional Advisory Council (SETRAC) by raising funds, managing endowment investments, and establishing financial policies for the benefit of the council. With an operating budget of $2.6K and total revenue of $47.9K for the filing year 2024, the foundation focuses on health-related initiatives in Southeast Texas. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
The Foundation is organized to support and benefit the SouthEast Texas Regional Advisory Council (SETRAC), a Texas nonprofit corporation, that is exempt as an organization described in Section 501(c)(3) of the Internal Revenue Code, and is a public charity described in Section 509(a)(1). This includes raising funds for the ultimate benefit of SETRAC, managing and investment of endowment funds of SETRAC, guaranty loans to SETRAC, and the establishment of spending or distribution policies regarding endowments.
Cause Areas
1
Health
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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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Frequently Asked Questions
What is The SETRAC Foundation’s budget?
In 2024, The SETRAC Foundation reported an annual operating budget of around $2,594. More detailed financial information is available to registered users.
What causes does The SETRAC Foundation support?
The SETRAC Foundation supports work in Health.
Where does The SETRAC Foundation operate?
The SETRAC Foundation is headquartered in Houston, TX.