ABOUT FOUNDATION FOR SOUTHEAST TEXAS This community foundation, led by a board of 30 leaders from Hardin, Jefferson and Orange counties was established in late 1996 to respond to continuously changing and emerging community needs. It is different from other foundations in that it has many donors whose combined gifts can address many areas of concern including: arts and culture, preservation, education, health, social services, youth, the elderly, economic development, faith groups and civic affairs. Our Community Foundation at a Glance Since 1998, we have granted almost three million dollars to nonprofits in Southeast Texas and to other national nonprofits through our 26 designated, donor-advised, scholarship and unrestricted funds. Our Annual Report shows a complete listing of the grants made in the past year, but here are just a few of the areas we have supported:
	Human Services United Way – four directed endowed funds benefiting United Way agencies Some Other Place – donor advised funds and competitive grants for clothing and food to the needy Beaumont Community Partners for children-emergency supplies for Rainbow Room Salvation Army – Orange and Beaumont-emergency supplies and equipment Education Communities in Schools-Supplies for Family Reading Nights in various schools Vidor ACE After School Program-Supplies for after school programing   Arts and Culture Beaumont Children’s Museum-Purchase components for traveling exhibit Museum of the Gulf Coast-Repairs of program areas Young Audience of Southeast Texas – Programing for arts curriculum in area schools   Health Southeast Texas Hospice-cover cost of service to one family Alzheimer Association – educational programs for families of patients
	The Foundation provides other services to the community. In addition to assisting donors in their philanthropic endeavors to find the vehicle that fits their needs, we provide office and meeting space for nonprofits. The Foundation owns an attractive, newly refurbished building at 700 North Street in downtown Beaumont. Office suites are leased to nonprofit organizations at below market rates. The lease includes wireless internet access and the use of three meeting rooms with state of the art furnishings for conferences, meetings and training. We joined other area foundations and established the Southeast Texas Nonprofit Center, an organization housed in our building, that assists nonprofits with the business of running a nonprofit. GOVERANCE – Board and staff The Foundation, a 501 ( c ) ( 3 ), non-profit corporation,  is governed by a board of 30 community leaders and a staff with expertise in assisting the donor in his charitable giving.
	FINANCIAL HIGHLIGHTS Total Assets as of December 31, 2010: $10,026,735 Total Grants in 2010: $291,961 $153,322 in Competitive Grants and $138,639 in Donor Directed Gifts to the Foundation in 2010: $147,780 The gifts to the foundation are pooled for investment purposes and are managed by the Trust Department of Capital One Bank. The Foundation is designated as a public charity. The Foundation for Southeast Texas will make its yearly audit and IRS Form 990 available for public inspection at its office. Call the office at 409-833-5775. The names of the Foundations investment managers, fees charged and persons responsible are available at the Foundation’s office. Please call 409-833-5775