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Filing year 2024

FOMENTO EDUCACIONAL AC

·EIN 98-0116396·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$633k
Total assets
$8.7M
Total expenses
$371k
Reported officers
10

Reported officers (all unpaid)

No paid executives reported in 2024. FOMENTO EDUCACIONAL AC reported 10 unpaid officers and board members on its 990-PF.

Secretary
President
Member
Member
Member
Member
Member
Member
Member
Member

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$189k

Itemized grants

6

Median grant

$28k

RecipientLocationPurposeAmount
ACADEMIA DE MUSICA DEL PALACIO DE MMXSUPPORT BI-CULTURAL EXCHANGE$57k
SAN MIGUEL METOPERA TRUST ACMXSUPPORT BI-CULTURAL EXCHANGE$37k
BANCOMER SA FISO 22927MXSUPPORT BI-CULTURAL EXCHANGE$28k
MULTIDISCIPLINA ARTE Y SOCIEDAD ACMXSUPPORT BI-CULTURAL EXCHANGE$27k
ASOCIACION NACIONAL DE UNIVERSIDADEMXSUPPORT BI-CULTURE EXCHANGE$23k
FUNDACION AMIGOS DE LA JUVENTUD ACMXSUPPORT BI-CULTURAL EXCHANGE$16k
Financial trend

Revenue and expenses over time

FOMENTO EDUCACIONAL AC reported revenue and expenses across 2 filing years.

RevenueExpenses
$697k
$360k
2023
$633k
$371k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn

FOMENTO EDUCACIONAL AC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization nationwide earns a median of $17,572.

25th percentile
$5k
Median
$17,572
75th percentile
$60k
90th percentile
$152k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 35,968 organizations across 35,968 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking compensation data
FAQ

Common questions about FOMENTO EDUCACIONAL AC

What are FOMENTO EDUCACIONAL AC's revenue and expenses?

In 2024, FOMENTO EDUCACIONAL AC reported $633k in total revenue and $371k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.