THE TERRY SCHOLARS FUND Charity Report

Public IRS 990 nonprofit record

THE TERRY SCHOLARS FUND

EIN 88-2349834 · Single Organization Support (B11)

What they do

The Mission of The Terry Scholars Fund is to Support The Success of The Terry Foundations Mission: to Develop Future Leaders of Texas Through Access to Education.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.46%of revenue went to mission work95.5% of expenses · Program services

2.23%of revenue went to fundraising3.0% of expenses

$74.85spent for every $100 of revenueRevenue covered expenses this year.

1.16%of revenue went to management and office costs1.6% of expenses

$0.40in assets for every $1 spent this yearSome assets cannot be spent right away.

96.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$279,891

Mission workProgram services$200,00071.46% of revenue95.5% of expenses

ManagementOffice and general costs$3,2481.16% of revenue1.6% of expenses

FundraisingAsking for donations$6,2432.23% of revenue3.0% of expenses

Total expenses$209,49174.85% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202495.5% mission

202391.6% mission

Money in and money out

Revenue$279,891

Expenses$209,491

Annual surplus $70,400 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$200,000 · 95.5% of expenses

Management and office costs$3,248 · 1.6% of expenses

Fundraising$6,243 · 3.0% of expenses

See all reported dollar amounts

Revenue$279,891

Expenses$209,491

Assets$83,156

Income$496,135

Contributions$269,932

Mission work (program services)$200,000

Fundraising$6,243

Grants given$417,000

Average grant$208,500

Management and general$3,248

Stocks and bonds$2,740

Accounting fees$2,900

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (7)

BLAIR A ABERNATHYVICE PRESIDENT, TREASURER

BRIAN G YARBROUGHDIRECTOR

HARRISON K PIERCEDIRECTOR

LEIGH A DARILEKDIRECTOR

MADHURA M KULKARNIDIRECTOR

MEYLING L ORTIZCHAIR, DIRECTOR

YVONNE R MOODYPRESIDENT, DIRECTOR

About this charity

Recognized since: January 2022
Location: 3336 Richmond Ave 450, Houston, TX 77098
County: Harris
In care of: Blair Abernathy
Primary officer: Blair Abernathy, Vice President

How to reach them

WebsiteVisit the charity’s website Phone(713) 552-0002

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BLAZEK & VETTERLING
NTEE classification: Single Organization Support (B11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes