3to1 Foundation

It is never too early to plan for your financial future.

aka 3 to 1 Foundation   |   Plano, TX   |  https://3to1foundation.org

Mission

To educate individuals regarding the financial principles of attaining lifetime economic freedom and to support other charitable efforts through foundation education and by collaborative, responsible and effective community philanthropy.

Ruling year info

1998

Foundation Director

Mr. Wayne Paul Dominick Jr.

Main address

6900 Dallas Parkway Suite 500

Plano, TX 75024 USA

Show more contact info

Formerly known as

III to I Foundation

EIN

75-2731283

NTEE code info

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

Business, Youth Development (O53)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2019, 2018 and 2017.
Register now

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We are working to help people improve their financial literacy so that they achieve lifetime economic freedom.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Financial Literacy Seminars

These personal finance seminars are relevant no matter an attendee's age, education, or financial situation. Since this program started, we have educated hundreds of students. We use an interactive curriculum taught by experienced CPA's and financial planners who actively involve the students in the learning process. Seminar topics include: Wealth Accumulation, Goal Setting, Budgeting, Debt Management, Wealth Management, Tax Basics, Investment Basics, Retirement Planning, Estate Planning.

Population(s) Served
Adults
Students

The 3to1 Foundation scholarship program serves students who need financial assistance in the community, families working in the dental industry who need help paying for their children's college education and also supports dental students pursuing their graduate studies.

Population(s) Served
Students
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of financial literacy courses conducted

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adolescents, Adults, Young adults

Related Program

Financial Literacy Seminars

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Please note Covid negatively impacted our ability to conduct seminars in 2020. We have rebounded in 2021 with 5 events YTD Sep. Each financial literacy seminar reaches between 10 - 80 people.

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Students

Related Program

Scholarship Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

# of Unique Views of our online financial tools

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Adolescents

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

YTD September '21 at 267 unique views.

# of Unique views of our online Personal Finance Series Videos

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Adolescents

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

YTD September '21 we have had 312 unique views.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our mission is educate individuals regarding the financial principles of attaining lifetime economic freedom. We hope to do this thru robust community partnerships to help people most in need of our services. We want to extend
the reach of our financial literacy seminars, our college scholarship program, and our on-line financial literacy videos and tools.




The 3to1 Foundation has 5 main strategies to impact the community.

1) Financial Literacy Seminars- Our personal finance seminar uses an interactive curriculum and is taught by experienced CPAs and financial planners who actively involve the students in the learning process. We have intensive 2 day seminars, one day seminars and half day, weekend seminars to meet the needs of our clients. During these seminars, students learn about: How Money Grows, Debt Management, Wealth Management, Investment Basics, Goal Setting, Budgeting, Tax Basics and Retirement Planning.

2) In 2021, we launched a Personal Finance Webinar Seminar which to help meet the needs of people who can not attend an in-person seminar. We have completed 2 of those YTD July 2021
Financial literacy videos and tools

3) College and graduate school scholarships. We will continue our college scholarship program to help out students who have participated in our programming reach their academic goals

4) Financial literacy videos and tools- We have rolled out the Personal Finance Series. It includes 12 chapters each consisting of a video, reinforcing activities and resources. Topics include: How Money Grows, Debt Management, Goal Setting and Budgeting.

5) Developing robust partnerships with education and nonprofit organizations to help their clients learn the fundamentals of financial literacy.




The 3to1 Foundation has an excellent group of volunteers who feel passionately about bringing financial literacy education to those who do not have access to this kind of information. Our volunteers are comprised of CPA's and financial managers. We also have a Board of Directors who are passionate about meeting the needs of our community (clients) and achieving our goals.

We have adapted due to the pandemic and now have in-person, virtual, and asynchronous tools to benefit the community and further our reach.

Thru July 2021 we have impacted nearly 2,300 people with our financial seminars and scholarship programs. In addition, we have given over $100,000 in scholarships to deserving students. We are currently voting on our 2021 scholarship winners now.

In addition we have developed partnerships with 2 additional non-profit partners and will begin teaching their constituents in August, 2021.


How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Paper surveys, Suggestion box/email,

  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals,

  • What significant change resulted from feedback?

    Due to the Pandemic of 2020, and the need to host online seminars, we are creating Personal Finance Webinars to begin in February 2021.

  • With whom is the organization sharing feedback?

    Our staff, Our board, Our funders,

  • How has asking for feedback from the people you serve changed your relationship?

    Asking for feedback helped us develop more virtual seminar options.

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually,

  • What challenges does the organization face when collecting feedback?

    Staff find it hard to prioritize feedback collection and review due to lack of time,

Financials

3to1 Foundation
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

3to1 Foundation

Board of directors
as of 10/5/2021
SOURCE: Self-reported by organization
Board chair

Mr. Darrell Cain

Cain Watters & Associates

Dr. Richard Chillemi II

Mrs. Toni Lee

Cain Watters & Associates

Dr. Tim Lane

Dr. Joe Miller

Dr. Michael Rosenberg

Mrs. Michelle Baird

Tectonic Advisors

Mr. Zane Harris

Cain Watters & Associates

Ms. Kimberly McBrayer

FedEx Services

Mr. Brett Pierce

Elite Dental Alliance

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 08/05/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data