Formosa Plastics Corporation Texas-
Formosa Plastics Corporation Texas- is a private foundation based in Port Lavaca, Texas. It provides scholarships to Calhoun High School graduates to assist with their first year of studies after graduation; its 2025 filing reports 48 scholarships awarded.
Formosa Plastics Corporation Texas- at a glance
In short: Formosa Plastics Corporation Texas- gave $48K across 48 grants in 2025 (avg $1K), mostly in Texas. 100% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $48,000
- Grants made (2025)
- 48
- Average grant
- $1,000
- Median grant
- $1,000
- Total assets
- $847,234
- New grantees (estimate)
- 100% first-time grantees (48 of 48, 2025)
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Formosa Plastics Corporation Texas-
- How to Apply
-
Contact the Office of the Superintendent for FPC/CCHS applications. The filing says deadlines are denoted on the applications. Awards are restricted according to the class rank of individuals graduating from Calhoun High School.
- Contact
Application contact: Office Of The Superintendent
Mailing address: 525 N Commerce, Port Lavaca, TX 77979
Phone: (361) 552-9728
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Formosa Plastics Corporation Texas- funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Kendyl Acosta ($1K). Together the top 10 received $10K.
Grant Size Distribution
122 grants across all recorded years
The most common grant size was under $50K: 122 grants of 122 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Texas. The listed scholarship recipients were in Port Lavaca and Seadrift.
Grant Distribution by State
Share of 2025 grant dollars across all 48 itemized grants.
States
Cities
Is Formosa Plastics Corporation Texas- open to new grantees?
100%
first-time grantees, 2025
In 2025, 48 of 48 grantees (100%) were first-time recipients. First grants averaged $1K. How we count
- Giving held roughly steady from 2022 to 2025 (−2%). Method
- In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $47K (2020) to $49K (2022). In 2025 it made 48 grants totaling $48K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kendyl Acosta Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Jaycee Barnes Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| McKenna Boedeker Seadrift, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Callie Brown Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Maci Bryan Seadrift, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Kashney Cantu Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Emily Caylor Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Alexis Chandler Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Gavin Chavez Port Lavaca, TX | To Aid in Pursuit of Educational Stu | $1,000 |
| Briley Christensen Seadrift, TX | To Aid in Pursuit of Educational Stu | $1,000 |
Ready to take the next step with Formosa Plastics Corporation Texas-?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $847,234 | $28,745 | $57,725 | $48,000 | 48 | $48,000 | $28,745 | $40,540 |
| 2022 | $926,752 | $9,268 | $49,000 | $49,000 | 25 | $49,000 | $9,268 | $45,026 |
| 2021 | $966,484 | $10,135 | $50,075 | $49,000 | 25 | $50,075 | $10,135 | $47,519 |
| 2020 | $1,006,424 | $154,926 | $48,415 | $47,000 | 24 | — | $13,187 | $46,476 |
Under IRS private-foundation payout rules, Formosa Plastics Corporation Texas- reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation states that its direct charitable activity is providing first-year scholarships to Calhoun High School graduates. Scholarship funds are allocated strictly according to the class rank of graduating Calhoun High School students.
Grantmaking
In 2025, the foundation awarded 48 scholarships totaling $48,000. Each listed grant was $1,000. In 2022, it reported 25 grants totaling $49,000. Its 2025 filing, the latest on this page, reports 48 grants totaling $48,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Derek Schmidt as president, Robin Martinez as vice president, and Bobby Meeks as treasurer. It also lists Evan Cardwell, Tiffany O'Donnell, Dana Dworaczyk, Mike Rivet, Cindy Alford, Dominic Robles, and Kendra Boone as members.
Formosa Plastics Corporation Texas- is led by Derek Schmidt, President on every filing since 2020; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Derek Schmidt
President
On filings since 2020
No compensation reported
Bobby Meeks
Treasurer & S
Treasurer → Treasurer & S, 2021
On filings since 2020
No compensation reported
Robin Martinez
Vice President
On filings since 2020
No compensation reported
Kendra Boone
Member
On filings since 2021
No compensation reported
Evan Cardwell
Member
On filings since 2022
No compensation reported
Cindy Alford
Member
New on the 2025 filing
No compensation reported
Dana Dworaczyk
Member
New on the 2025 filing
No compensation reported
Dominic Robles
Member
New on the 2025 filing
No compensation reported
Mike Rivet
Member
New on the 2025 filing
No compensation reported
Tiffany O'Donnell
Member
New on the 2025 filing
No compensation reported
Former officers (10)
- Former: Bill Harvey (2020–2022) — Member
- Former: John Foester (2020–2022) — Member
- Former: Kelly Taylor (2020–2022) — Member
- Former: Michael McGuire (2020–2022) — Member
- Former: Nicole Amason (2020–2022) — Member
- Former: Rick Crabtree (2020–2022) — Member
- Former: Rene Flores (2022) — Member
- Former: Larry Nichols (2020–2021) — Member
- Former: Debbie Boyd (2020) — Member
- Former: Lina Moore (2020) — Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Formosa Plastics Corporation Texas-
How much does Formosa Plastics Corporation Texas- give each year?
Formosa Plastics Corporation Texas- gave $48K across 48 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Formosa Plastics Corporation Texas-'s typical grant size?
Formosa Plastics Corporation Texas-'s median grant in 2025 was $1,000, and its average grant was $1,000, across 48 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Formosa Plastics Corporation Texas- that year got $1K on average.
Where does Formosa Plastics Corporation Texas- give grants?
Formosa Plastics Corporation Texas- gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Port Lavaca, TX (42 grants) and Seadrift, TX (5 grants).
Does Formosa Plastics Corporation Texas- give general operating support?
Not in 2025: none of the 48 grants with a stated purpose on Formosa Plastics Corporation Texas-'s 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Aid in Pursuit of Educational Stu" (47 grants).
Who are Formosa Plastics Corporation Texas-'s largest grantees?
Formosa Plastics Corporation Texas-'s largest 2025 grantees include Kendyl Acosta ($1,000), Jaycee Barnes ($1,000) and McKenna Boedeker ($1,000), according to its 2025 IRS Form 990-PF. Together they received 6% of its itemized 2025 grant dollars.
How large is Formosa Plastics Corporation Texas-?
Formosa Plastics Corporation Texas- reported $847K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).
What does Formosa Plastics Corporation Texas- fund?
The foundation states that its direct charitable activity is providing first-year scholarships to Calhoun High School graduates. Scholarship funds are allocated strictly according to the class rank of graduating Calhoun High School students. See mission & focus areas ↑
How do I apply for a grant from Formosa Plastics Corporation Texas-?
Contact the Office of the Superintendent for FPC/CCHS applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Formosa Plastics Corporation Texas-'s EIN?
Formosa Plastics Corporation Texas-'s EIN (Employer Identification Number) is 74-2634043. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2022
Live grants for the work Formosa Plastics Corporation Texas- funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Formosa Plastics Corporation Texas-'s focus areas in our free grants database
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Cite this profile
Grantable. (2026). Formosa Plastics Corporation Texas- funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/formosa-plastics-corporation-texas-morg_1dba7d7fc0704ff3af9c44191d486ff5
BibTeX
@misc{grantable_742634043_2026,
author = {{Grantable}},
title = {{Formosa Plastics Corporation Texas- funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/formosa-plastics-corporation-texas-morg_1dba7d7fc0704ff3af9c44191d486ff5},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Formosa Plastics Corporation Texas-'s IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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