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Nonprofit · EIN 74-1994810

VICTORIA COLLEGE FOUNDATION INC

Tax-exempt · VICTORIA, TX 77901

Financials

$3.6M$2.6M2023$4.5M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of VICTORIA COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$4,502,256$6,408,338-$1,906,082$24,256,564$31,143$24,225,421
August 31, 2024990$3,595,964$2,561,955$1,034,009$24,845,773$5,359$24,840,414
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$3,640,943
Program service revenue
$0
Investment income
$861,308
Royalties
$5
Net gain from sales of assets
$279,730
Other revenue
$5

Expenses

Grants and similar amounts paid
$6,331,954
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$11,400
Program services (functional)
$6,332,647
Management and general (functional)
$61,400
Fundraising (functional)
$14,291

Balance sheet and other

Total assets, start of year
$24,845,773
Total assets, end of year
$24,256,564
Total liabilities, end of year
$31,143
Net assets, end of year
$24,225,421
Publicly traded securities
$16,247,494
Net assets without donor restrictions
$382,435
Net assets with donor restrictions
$23,842,986
Gross receipts
$8,379,802
Employees
0
Year formed
1978
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DR BRUCE BAUKNIGHTDIRECTOR
Trustee or director
0.25$0
BRIAN BILLINGSLEYDIRECTOR
Trustee or director
0.25$0
WILLIAM A BLACKWELLDIRECTOR
Trustee or director
0.25$0
BRIAN FERGUSONDIRECTOR
Trustee or director
0.25$0
BEN GALVANDIRECTOR
Trustee or director
1$0
BILL GIBBENSTREASURER
Trustee or director, Officer
0.25$0
PENNI GIETZDIRECTOR
Trustee or director
2$0
JUDGE BEATRIZ GONZALEZDIRECTOR
Trustee or director
0.25$0
LUIS A GUERRATRUSTEE REP.
Trustee or director
0.25$0
STEVE HIPESDIRECTOR
Trustee or director
0.25$0
MICHAEL D HUMMELDIRECTOR
Trustee or director
2$0
KATHLEEN HUNTDIRECTOR
Trustee or director
0.25$0
CLAY KOLLEDIRECTOR
Trustee or director
0.25$0
CHARLA BORCHERS LEONDIRECTOR
Trustee or director
0.25$0
JACKIE MIKESHDIRECTOR
Trustee or director
0.25$0
12 more people on this return
NameTitleHours / weekCompensation
DAVID MURPHYDIRECTOR
Trustee or director
0.25$0
KYLE NOACKDIRECTOR
Trustee or director
0.25$0
LUANN O'CONNORDIRECTOR
Trustee or director
0.25$0
DARRELL RANGNOWDIRECTOR
Trustee or director
0.25$0
MIKE RIVETDIRECTOR
Trustee or director
0.25$0
DR PETER P ROJASDIRECTOR
Trustee or director
0.25$0
ROBERT ROYERDIRECTOR
Trustee or director
0.25$0
JAKE SRPDIRECTOR
Trustee or director
0.25$0
VEE STRAUSSPRESIDENT
Trustee or director, Officer
1$0
BLAINE WARZECHASECRETARY
Trustee or director, Officer
0.5$0
GARY WORSHAMVICE PRESIDE
Trustee or director, Officer
1$0
JOHN ZACEKTRUSTEE REP.
Trustee or director
0.25$0
990 for the year ended August 31, 2024: 28 people
NameTitleHours / weekCompensation
DR BRUCE BAUKNIGHTDIRECTOR
Trustee or director
0.25$0
BRIAN BILLINGSLEYDIRECTOR
Trustee or director
0.25$0
WILLIAM A BLACKWELLDIRECTOR
Trustee or director
0.25$0
BRIAN FERGUSONDIRECTOR
Trustee or director
0.25$0
BEN GALVANDIRECTOR
Trustee or director
1$0
BILL GIBBENSSECRETARY
Trustee or director, Officer
0.25$0
PENNI GIETZDIRECTOR
Trustee or director
2$0
JUDGE BEATRIZ GONZALEZDIRECTOR
Trustee or director
0.25$0
LUIS A GUERRATRUSTEE REP.
Trustee or director
0.25$0
STEVE HIPESDIRECTOR
Trustee or director
0.25$0
MICHAEL D HUMMELDIRECTOR
Trustee or director
2$0
KATHLEEN HUNTDIRECTOR
Trustee or director
0.25$0
CLAY KOLLEDIRECTOR
Trustee or director
0.25$0
CHARLA BORCHERS LEONDIRECTOR
Trustee or director
0.25$0
JACKIE MIKESHDIRECTOR
Trustee or director
0.25$0
DAVID MURPHYDIRECTOR
Trustee or director
0.25$0
KYLE NOACKDIRECTOR
Trustee or director
0.25$0
LUANN O'CONNORDIRECTOR
Trustee or director
0.25$0
DARRELL RANGNOWDIRECTOR
Trustee or director
0.25$0
DR JOSIE RIVERATRUSTEE REP.
Trustee or director
0.25$0
MIKE RIVETPRESIDENT
Trustee or director, Officer
0.25$0
DR PETER P ROJASDIRECTOR
Trustee or director
0.25$0
ROBERT ROYERDIRECTOR
Trustee or director
0.25$0
JAKE SRPDIRECTOR
Trustee or director
0.25$0
VEE STRAUSSVICE PRESIDE
Trustee or director, Officer
1$0
BLAINE WARZECHADIRECTOR
Trustee or director
0.5$0
GARY WORSHAMTREASURER
Trustee or director, Officer
1$0
JOHN ZACEKTRUSTEE REP.
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
2200 E RED RIVER ST, VICTORIA, TX 77901-4442
Principal officer (990 for 2024)
GARY WORSHAM, 2200 EAST RED RIVER, VICTORIA, TX 77901
Signed the 990
GARY WORSHAM, VICE PRESIDENT
Phone
(361) 582-2519
Return prepared by
ROLOFF HNATEK AND CO LLP

Mission

THE VICTORIA COLLEGE FOUNDATION IS A 501(C)(3) NON-PROFIT ORGANIZATION RESPONSIBLE FOR SECURING FINANCIAL RESOURCES AND APPROPRIATELY ALLOCATING THEM TO SUPPORT VICTORIA COLLEGE AND ITS STUDENTS, FACULTY AND ACADEMIC PROGRAMS.

990 for the year ended August 31, 2025

Program accomplishments

  • VARIOUS VICTORIA COLLEGE DEPARTMENTS FOR STUDENT SUPPORT SERVICES, SALARIES AND EQUIPMENT RECEIVED 5,527,386. STUDENT SCHOLARSHIPS IN THE AMOUNT OF 804,568 WERE AWARDED.
    Expenses $6,332,647 · grants $6,331,954

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
74-1994810
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
1980
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,256,564
Income (IRS master file)
$8,379,802

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$4,502,256$6,408,338$24,256,564XML
990August 2024$3,595,964$2,561,955$24,845,773XML
990August 2023$3,488,501$1,373,858$22,565,838IRS
990August 2022$4,182,138$945,169$20,046,408IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1994810).

Questions about VICTORIA COLLEGE FOUNDATION INC

What is the EIN of VICTORIA COLLEGE FOUNDATION INC?
The employer identification number (EIN) of VICTORIA COLLEGE FOUNDATION INC is 74-1994810.
Is VICTORIA COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to VICTORIA COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does VICTORIA COLLEGE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VICTORIA COLLEGE FOUNDATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VICTORIA COLLEGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of VICTORIA COLLEGE FOUNDATION INC?
The 990 for the year ended August 31, 2025 names GARY WORSHAM.
Who are the officers and directors of VICTORIA COLLEGE FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 27 people; 0 received compensation from the organization.
How much revenue does VICTORIA COLLEGE FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $4,502,256, expenses of $6,408,338 and total assets of $24,256,564 at year end.

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