2024-05-16T11:31:53+00:00 2023-12-31 440160260 FORVIS LLP 14241 Dallas Parkway Suite 1100 Dallas TX 75254 990PF 2023-01-01 752396279 Project Opportunity Foundation PROJ 8175999486 PO Box 1089 Weatherford TX 76086 Mandy Storm Officer 8175999486 2024-05-16 true Mandy Storm 999009999 Jeanette Verrelli P00742631 9727028262 2024-05-15 2023 2023-04-26 12:10:37Z X 1517365 X 130000 33864 33864 33864 17037 201593 17037 0 0 0 0 1602 102 1602 182503 51003 35466 0 0 0 0 0 0 0 0 10531 10531 0 0 547 547 0 0 0 0 0 2048 2048 0 0 13126 13126 0 0 142053 142053 155179 13126 0 142053 27324 37877 35466 342276 153980 153980 0 0 0 0 0 100000 100000 0 0 0 0 0 0 0 0 0 0 0 773363 963385 963385 0 0 0 0 0 0 300000 300000 300000 0 0 0 0 0 0 0 1415639 1517365 1517365 0 0 0 0 0 0 X 1415639 1517365 1415639 1517365 1415639 1517365 1415639 27324 74402 1517365 0 1517365 TRUIST - 3083 P 2023-01-01 2023-12-31 24615 25723 -1108 0 -1108 TRUIST - 5760 P 2023-01-01 2023-12-31 22051 21801 250 0 250 TRUIST - 2276 P 2023-01-01 2023-12-31 52173 52033 140 0 140 TRUIST - 3083 P 2022-12-31 2023-12-31 37778 44341 -6563 0 -6563 TRUIST - 5760 P 2022-12-31 2023-12-31 32654 20982 11672 0 11672 TRUIST - 2276 P 2022-12-31 2023-12-31 32322 24271 8051 0 8051 TRUIST - 3083 Capital Gain Distribution P 2022-12-31 2023-12-31 44 44 0 44 TRUIST - 5760 Capital Gain Distribution P 2022-12-31 2023-12-31 4551 4551 0 4551 17037 -718 526 526 526 1178 1178 652 652 0 false false false false false false false true true TX true true true false false true N/A Ed Kramer 8175999486 PO Box 1089 Weatherford TX 76086 false false false false false false false false false false false false false false false false false false false false false MANDY STORM PO BOX 1089 WEATHERFORD TX 76086 VICE CHAIRMAN 1.000 0 0 0 JERRY DURANT 1500 Highlake Dr WEATHERFORD TX 76087 BOARD MEMBER 1.000 0 0 0 PERRY MADER 3881 OLIVE BRANCH RD WEATHERFORD TX 76087 BOARD MEMBER 1.000 0 0 0 TYLER MILTON 8333 Douglas Ave Ste 380 Dallas TX 75225 BOARD MEMBER 1.000 0 0 0 DONNA DICKINSON 300 Post View Dr Aledo TX 76008 Secretary/Treasurer 1.000 0 0 0 KIM BAGLEY 1916 Martin Dr WEATHERFORD TX 76086 BOARD MEMBER 1.000 0 0 0 ED KRAMER 513 PEASTER HWY WEATHERFORD TX 76086 CHAIRMAN/PRESIDENT 1.000 0 0 0 SEE FOOTNOTE 2 0 NONE 0 911379 248015 300000 1459394 0 1459394 21891 1437503 71875 X 142053 0 0 142053 X 35466 51290 60616 34331 181703 30146 43597 51524 29181 154448 142053 82692 41580 80338 346663 0 142053 82692 41580 80338 346663 47917 46089 40419 36185 170610 NOT APPLICABLE NOT APPLICABLE WEATHERFORD HIGH SCHOOL COUNSELOR 2121 BETHEL ROAD WEATHERFORD TX 76087 8175982858 THE STUDENT AND PARENT(S) ARE REQUIRED TO FILL OUT AND SIGN THE PARENT(S)/GUARDIAN AGREEMENT AND RETURN TO THE COUNSELORS OFFICE. THE DEADLINE FOR SUBMISSION OF APPLICATION IS DECEMBER 1 OF THE STUDENT'S JUNIOR YEAR. SEE FOOTNOTE 3 WEATHERFORD COLLEGE 225 COLLEGE PARK DRIVE WEATHERFORD TX 76086 UNRELATED PC SELECTED STUDENT SCHOLARSHIPS 142053 142053 0 14 33864 18 17037 ROYALTIES - TRUIST 8663 15 102 TAX REFUND 1 1500 0 52503 0 52503 false false false false false false false false false false X X 1 THE STORM FAMILY PO BOX 1089 WEATHERFORD TX 76086 20000 X 2 North Texas Community Foundation 777 Main St Ste 2850 Fort Worth TX 76102 10000 X 3 Kramer Family Foundation 513 Peaster Hwy Weatherford TX 76086 100000 X FOOTNOTE 1: SUMMARY OF DIRECT CHARITABLE ACTIVITIES Form 990-PF, Part IX, Line 1a PROJECT OPPORTUNITY FOUNDATION GIVES FINANCIALLY DISADVANTAGED YOUNG PEOPLE FROM THE WEATHERFORD INDEPENDENT SCHOOL DISTRICT AN OPPORTUNITY TO RECEIVE FINANCIAL SUPPORT FOR POST-SECONDARY EDUCATION. NEED IS DETERMINED BY CONSIDERATION OF ANNUAL FAMILY INCOME, NUMBER OF FAMILY MEMBERS, UNUSUAL FAMILY EXPENSES AND THE POSSIBILITY OF ATTENDING COLLEGE WITHOUT SCHOLARSHIP AID. PROJECT OPPORTUNITY IS AIMED AT THOSE STUDENTS WHO ARE UNLIKELY CANDIDATES FOR POST-SECONDARY TRAINING WITHOUT INTERVENTION WITHIN THE EDUCATIONAL PROCESS. INTERVENTION WILL CREATE AN AWARENESS OF CAREER OPPORTUNITIES AVAILABLE TO INDIVIDUALS AND ASSIST IN THE DEVELOPMENT OF A VISION FOR THE FUTURE FOR THOSE STUDENTS. MENTORS PROVIDE GUIDANCE FOR STUDENTS FROM THE POINT OF ENTRY INTO THE PROGRAM THROUGH HIGH SCHOOL GRADUATION. THE PROJECT OPPORTUNITY FOUNDATION PROVIDES FINANCIAL AID TO ALLOW A STUDENT WHO QUALIFIES TO ATTEND WEATHERFORD COLLEGE. QUALIFYING STUDENTS ARE AWARDED A FULL TWO YEAR WEATHERFORD COLLEGE SCHOLARSHIP FOR TUITION,BOOKS AND FEES UP TO A MAXIMUM OF $5,000 PER STUDENT. SCHOLARSHIPS AWARDED TO STUDENTS AVERAGE ABOUT 20 PER YEAR. PROJECT OPPORTUNITY FOUNDATION PERIODICALLY MEETS WITH SCHOOL SUPERINTENDENTS, PRINCIPALS AND COLLEGE ADMINISTRATORS, INTERVIEWS SCHOLARSHIP APPLICANTS, AND MONITORS RECIPIENTS PROGRESS THROUGHOUT THE TWO YEAR PROGRAM. STUDENTS WITH DIFFICULTIES ARE REEVALUATED AND ASSISTANCE IS PROVIDED TO ENABLE THEM TO COMPLETE THEIR EDUCATION. PROJECT OPPORTUNITY SCHOLARSHIP RECIPIENTS ARE RECOGNIZED UPON GRADUATION AT GRADUATION CEREMONIES. ALL WORK IS DONE BY DIRECTORS AND OTHERS ON A VOLUNTEER BASIS ALLOWING PROJECT OPPORTUNITY FOUNDATION TO FOCUS ITS RESOURCES ON PROVIDING SCHOLARSHIPS TO NEEDY STUDENTS. FOOTNOTE 2: OFFICERS, DIRECTORS Form 990-PF, Part VIII, Line 1 ALL WORK DONE BY THE BOARD OF DIRECTORS AND OTHERS IS DONE ON A VOLUNTEER BASIS. THE FOUNDATION DOES NOT CURRENTLY MAINTAIN DETAIL VOLUNTEER SERVICE RECORDS. Footnote 3: RESTRICTIONS AND LIMITATIONS Form 990-PF, Part XIV, Line 2d PROJECT OPPORTUNITY FOUNDATION GIVES FINANCIALLY DISADVANTAGED YOUNG PEOPLE FROM WEATHERFORD INDEPENDENT SCHOOL DISTRICT AN OPPORTUNITY TO RECEIVE FINANCIAL SUPPORT FOR POST-SECONDARY EDUCATION. NEED IS DETERMINED BY CONSIDERATION OF ANNUAL FAMILY INCOME, NUMBER OF FAMILY MEMBERS, UNUSUAL FAMILY EXPENSES AND THE POSSIBILITY OF ATTENDING COLLEGE WITHOUT SCHOLARSHIP AID. STUDENTS MUST BE GRADUATES OF WEATHERFORD HIGH SCHOOL, NEVER HAVE BEEN CONVICTED OF A FELONY OR A CRIME INVOLVING MORAL TURPITUDE, ENROLL BY THE DATE ESTABLISHED FOR ELIGIBILITY, GRADUATE FROM HIGH SCHOOL WITHIN FOUR YEARS OF ENTRY, MEET ACADEMIC AND ATTENDANCE REQUIREMENTS, BEHAVE IN AND OUT OF SCHOOL IN A MANNER THAT DOES NOT HAMPER STUDENT'S EDUCATION, ABSTAIN FROM THE USE OF ILLEGAL DRUGS AND EXCESSIVE USE OF ALCOHOL, PARTICIPATE IN A DRUG TESTING PROGRAM, OBEY THE RULES, REGULATIONS AND LAWS OF THE SCHOOL DISTRICT AND GOVERNING DISTRICTS WHERE THE STUDENT LIVES, ATTEND THE MEETINGS, TUTORING SESSIONS AND OTHER ACTIVITIES PROVIDED AND REQUIRED BY THE DISTRICT FOR THE ENRICHMENT OF THE STUDENT'S EDUCATION, ENTER WEATHERFORD COLLEGE WITHIN THREE MONTHS OF HIGH SCHOOL GRADUATION. TRUIST - 3083 145197 145197 TRUIST - 2276 230533 230533 TRUIST - 5760 355643 355643 TRUIST - 8663 232012 232012 DOSS SCHOLARSHIP (Held by Weatherford College) FMV 200000 200000 GROGAN SCHOLARSHIP (Held by Weatherford College) FMV 100000 100000 ANNUAL LUNCHEON 900 900 ADVERTISING 1148 1148 ROYALTIES - TRUIST 8663 102 102 102 Tax Refund 1500 1500 Unrealized Gain/Loss 74402 Investment Management Fees 10531 10531 North Texas Community Foundation 777 Main St Ste 2850 Fort Worth TX 76102 Foreign Tax 530 530 Severance Tax 17 17