PLATINUM2023

The TSTC Foundation

Waco, TX   |  https://www.tstc.edu/give/

Mission

TO COMPLEMENT THE STATE OF TEXAS' SUPPORT OF THE COLLEGES BY PROVIDING FINANCIAL SUPPORT FOR NEW AND ONGOING PROJECTS AND ACTIVITIES IN THE AREAS OF RESEARCH, EDUCATION AND COMMUNITY SERVICE.

Ruling year info

2001

Chief Executive Officer

Mrs. Beth Wooten

Main address

3801 Campus Dr

Waco, TX 76705 USA

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EIN

75-2892470

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

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

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Programs and results

What we aim to solve

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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?

Helping Hands

Helping Hands scholarships offers emergency aid to students at any campus to cover essential needs. This critical funding gives students the opportunity to focus on their programs instead of financial burdens that may keep them from finishing their classes.

Population(s) Served

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 endowments

This metric is no longer tracked.
Totals By Year
Type of Metric

Other - describing something else

Direction of Success

Increasing

Context Notes

Endowment Scholarships benefiting students

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.

Institutional Advancement is the strategic, integrated method of managing relationships
to increase understanding and support among the College’s key constituents, including
alumni, Industry partners, government policy makers, the media, members of the
community, and philanthropic entities of all types.
1. Increase cash gifts by 15%.
-FY 22 adjusted cash gift was 11% above FY22 goals
2. Recover 20% of all lapsed donors.
-FY 22 recovered 26% Industry Average was 5%
3. Maintain donor retention rate of 50%.
-FY 22 goal was 10%, achieved 52% Industry average was 40-45%

This operational plan is written to directly support the purpose of promoting the interests and welfare of Texas
State Technical College, and to develop community, corporate, and legislative support by raising
and managing private resources supporting the mission and priorities of the College and to
provide a culture of institutional excellence unavailable solely with state appropriated funds.

1. Formalize processes and procedures for past successes such as Private
Foundation engagement, Economic Development partnerships, special
projects, and more.
2. Generate warm lead outreach system in which all lapsed donors will be
contacted via those within The TSTC Foundation of whom they have an
established relationship.
3. Work cross-functionally with FDOs and Career Services to implement top tier
custom engagement plans utilizing the Council of Advocates, advisory
boards, and VIP events at the local and statewide level.
4. Understand which communication channels are available to us and how best
to utilize them for outreach about donor opportunities.

Financials

The TSTC Foundation
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Operations

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

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Connect with nonprofit leaders

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The TSTC Foundation

Board of directors
as of 11/28/2023
SOURCE: Self-reported by organization
Board chair

Harold Rafuse

Cary "Mac" Abney

Roland Adamson

Jonathan Newton

Derek Benavides

Charlie Hervey

Charlie Rigney

Jerold Nichols

Larry Gonzales

Mark Robinson

Organizational demographics

SOURCE: Self-reported; last updated 4/24/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data