SAN PATRICIO ELECTRIC EDUCATION TRUST
8642 CR 3349, TAFT, TX 78390

Total Revenue
$171,187
Total Expenses
$62,212
Net Assets
$2,649,297

Organizations Filed Purposes: THE ORGANIZATION AWARDED 20 5,000 SCHOLARSHIPS IN 2017 TOTALING 100,000. THE SCHOLARSHIPS ARE PAID FOR THE FALL 2017, SPRING AND FALL 2018, AND SPRING 2019 IN 1,250 INCREMENTS PROVIDED STUDENTS MAINTAIN THE SCHOLARSHIP REQUIREMENTS OF A MINIMUM OF 12 SEMESTER HOURS AND A MINIMUM 2.5 GRADE POINT AVERAGE FOR THE PREVIOUS SEMESTER. OF THE 100,000 IN SCHOLARSHIPS AWARDED IN 2017, 27,500 WAS PAID ON BEHALF OF SCHOLARSHIP RECIPIENTS IN 2017. OF THE 100,000 IN SCHOLARSHIPS AWARDED IN 2017, 31,250 WAS PAID ON BEHALF OF SCHOLARSHIP RECIPIENTS IN 2018. OF THE 100,000 IN SCHOLARSHIPS AWARDED IN 2017, 16,250 WAS PAID ON BEHALF OF SCHOLARSHIP RECIPIENTS IN 2019. IN 2019, THE ORGANIZATION DETERMINED THAT THE REMAINING 25,000 AWARDED IN 2017 WOULD NOT BE PAID BECAUSE THE SCHOLARSHIP RECIPIENTS NO LONGER MET THE REQUIREMENTS OF MINIMUM SEMESTER HOURS AND/OR MINIMUM GRADE POINT AVERAGE NECESSARY TO RECEIVE PAYMENT FOR SUBSEQUENT SEMESTERS. SEE SCHEDULE I PAGE 2 FOR ADDITIONAL INFORMATION REGARDING THE SCHOLARSHIP AWARD PROCESS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Jim BassettTRUSTEE0.25$0
Tom MayoTRUSTEE0.25$0
Clyde StewartTRUSTEE0.25$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043189349311214_public.xml