Formosa Plastics Corporation Texas- is a private foundation focused on Education, based in PORT LAVACA, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $927K in total assets. In 2022, it awarded 25 grants totaling $49K. Net investment income was $9K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$927K
-4.1% YoY
Annual Giving
$49K
+0.0% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$2K
+0.0% YoY
About Formosa Plastics Corporation Texas-
Based on IRS filings
Formosa Plastics Corporation Texas- is a private foundation focused on Education, based in PORT LAVACA, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $927K in total assets. In 2022, it awarded 25 grants totaling $49K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $926,752 | $966,484 | $1,006,424 |
| Revenue | $9,268 | $10,135 | $154,926 |
| Expenses | $49,000 | $50,075 | $48,415 |
| Qualifying Distributions | $49,000 | $50,075 | — |
| Net Investment Income | $9,268 | $10,135 | $13,187 |
| Distributable Amount | $45,026 | $47,519 | $46,476 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEREK SCHMIDT | PRESIDENT | — | — |
| ROBIN MARTINEZ | VICE PRES. | — | — |
| BOBBY MEEKS | TREASURER, S | — | — |
| EVAN CARDWELL | MEMBER | — | — |
| KELLY TAYLOR | MEMBER | — | — |
| NICOLE AMASON | MEMBER | — | — |
| RICK CRABTREE | MEMBER | — | — |
| BILL HARVEY | MEMBER | — | — |
| JOHN FOESTER | MEMBER | — | — |
| DR MICHAEL MCGUIRE | MEMBER | — | — |
| KENDRA BOONE | MEMBER | — | — |
| RENE FLORES | MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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