GrantAuthority

Canales Garza & Baum Pllc

Grantmaking foundation in Laredo, Texas · EIN 46-3093399

Total giving
$72KTax year 2024
Total assets
$590KLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.

Quoted from the foundation's IRS filing.

Giving by year

$2K2020
$19K2021
$200K2023
$72K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Greater Laredo Development Fo$200K2023

Amounts are rounded. The full grantee list is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.