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Florida · Nonprofit

Tecnologico De Monterrey Foundation

Tecnologico De Monterrey Foundation (Florida) receives grants from 9 organizations whose IRS filings report $1,043,765 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($373,800). 7 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
9
Grants received
$1.0M
Net assets
$4.1M
7/9 repeat funderspeak grant-dependency 69%
01What it does

What Tecnologico De Monterrey Foundation does

Mission

To Support and benefit domestic and foreign educational institutions as described in sections 509(a)1 and 509(a)2

As stated on its FY2024 Form 990.

Program

  1. During the year the organization provided a generous grant to Lideres del Manana. This program offers full scholarships to approximately 200 students from Mexico and Latin America, covering tuition, room and board and other living expenses. The recipients are exceptional young individuals who require financial assistance to pursue higher education. The goal of the program is to develop leaders who can drive meaningful social change. Additionally, we supported the construction of a sports facility in Guadalajara, Jalisco aimed at fostering the development of teams from diverse disciplines. This facility will have a positive impact on the entire community including teachers, 8000 students and their families. We also provided a small grant to the Ciudad Juarez campus to support the construction and equipment of the International Buisness Lab, Basic Sciences Lab and Data Science Lab. These spaces will create collaborative learning environments for up to 800 students and teachers. Lastly, a small grant was made to the Asociacion de Estudiantes de Sonora to help with their food expenses.

    $437,666 spentof which $437,666 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $437,666.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue -2 ($-2991) Expenses 100 ($7k) Net assets 100 ($694k)2018 Revenue 100 ($144k) Expenses 82 ($5k) Net assets 120 ($833k)2019 Revenue 35 ($50k) Expenses 66 ($4k) Net assets 127 ($879k)2020 Revenue 19 ($27k) Expenses 82 ($5k) Net assets 130 ($900k)2021 Revenue 264 ($381k) Expenses 12766 ($837k) Net assets 64 ($444k)2022 Revenue 359 ($517k) Expenses 9482 ($622k) Net assets 49 ($340k)2023 Revenue 2532 ($3.6M) Expenses 10356 ($679k) Net assets 477 ($3.3M)2024 Revenue 860 ($1.2M) Expenses 6888 ($452k) Net assets 590 ($4.1M)
'17'18'19'20'21'22'23'24
Revenue (860)Expenses (6888)Net assets (590)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $340k to $3.3M (+873%).

$694k
$833k
$879k
$900k
$444k
$340k
$3.3M
$4.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

88% of Tecnologico De Monterrey Foundation’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$10k
’17
$139k
’18
$46k
’19
$21k
’20
−$456k
’21
−$104k
’22
$3.0M
’23
$788k
’24
25
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed57779999
Joined·+6+0+4+3+4+0+2
No longer listed·4041402
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $100k → $281k.

5 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Tecnologico De Monterrey Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Tecnologico De Monterrey Foundation leans on a few funders — its largest provides 36% of grant income and the top three 82%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Tecnologico De Monterrey Foundation.

36%
largest funder
82%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 92% · 2022 87% · 2023 80% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of Tecnologico De Monterrey Foundation's funders are still giving 2 years after their first grant; 78% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Tecnologico De Monterrey Foundation draws 100% of its grant income from funders outside Florida, across 3 states in all.

CA
OK
TX

In-state vs out-of-state, by year

’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $338k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Tecnologico De Monterrey Foundation runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin64% · top quartile
Months of reserve24.9mo · top quartile
Revenue growth (annualized)43% · top quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like Tecnologico De Monterrey Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

7
board members
57%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

54%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Instituto Tecnologico y De Estudios Superiores De Monterrey · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Tecnologico De Monterrey Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Tecnologico De Monterrey Foundation?
Tecnologico De Monterrey Foundation (Florida) receives grants from 9 organizations whose IRS filings report $1,043,765 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($373,800). 7 of them have funded it in more than one year.
How many funders does Tecnologico De Monterrey Foundation have?
IRS filings report 9 organizations giving $1,043,765 in grants to Tecnologico De Monterrey Foundation, 7 of which have funded it in more than one year.
Who is the largest funder of Tecnologico De Monterrey Foundation?
THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION is the largest funder on record, with $373,800 in grants. The full list of funders is on this page.
How can an organization like Tecnologico De Monterrey Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Tecnologico De Monterrey →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing