Program areas at Communities Foundation of Texas
The Foundation achieved its primary purpose through numerous charitable grants and the provision of charitable services to support charitable needs both domestically and abroad. See the attached schedule f and schedule i.
North Texas giving day, launched in 2009 by cft, is the largest giving day in the nation. It is an online event dedicated to raising money for north Texas nonprofits. Bonus funds and prizes are provided by cft and other local foundations, corporations and individuals.
Educate Texas, a public-private initiative of Communities Foundation of Texas, is an innovative alliance of public and private groups that share a common goal improving the public education system so that every Texas student is prepared for success in school, in the workforce, and in life.
Grants made by Communities Foundation of Texas
Who funds Communities Foundation of Texas
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| W.W. Caruth Jr. Foundation | 2022-06 | Support for Grants Made To Qualified Organizations in the Fields of Scientific and Medical Research, Education, and Public Safety | $29,784,900 |
| The Wallace Foundation | 2022-12 | To Establish A Donor-Advised Fund To Assist Texas in New Efforts To Improve Summer Learning Through the Addition of Days To the School Year. | $5,604,830 |
| National Philanthropic Trust | 2022-06 | Public, Societal Benefit | $3,220,460 |
| ...and 158 more grants received totalling $70,910,474 |
Personnel at Communities Foundation of Texas
| Name | Title | Compensation | Date of data |
|---|
| David J Scullin | President and Chief Executive Officer | $539,979 | 2023-01-17 |
| Elizabeth W Bull Vp | Chief Financial Officer and Admn Officer | $368,067 | 2022-06-30 |
| Gary Samberson | Chief Investment Officer | $65,010 | 2022-06-30 |
| James T Berry | Chief Financial Officer | $0 | 2022-06-30 |
| Carri McDonald | Executive Assistant, Cfao and Cmo | | 2021-11-16 |
| ...and 35 more key personnel |
Financials for Communities Foundation of Texas
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $165,034,574 | $239,046,279 | -31% |
| Program services | $11,230,551 | $6,135,984 | 83% |
| Investment income and dividends | $8,048,802 | $4,248,884 | 89.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $365,374 | $345,725 | 5.7% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $9,737,133 | $23,852,787 | -59.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $725,768 | $793,793 | -8.6% |
| Total revenues | $195,142,202 | $274,423,452 | -28.9% |
Organizations like Communities Foundation of Texas
| Organization | Type | Location | Revenue |
|---|
| The Philadelphia Foundation (PF) | 501(c)(3) | Philadelphia, PA | $80,318,312 |
| The Rhode Island Foundation | 501(c)(3) | Providence, RI | $94,559,880 |
| The Boston Foundation (TBF) | 501(c)(3) | Boston, MA | $324,652,362 |
| New Hampshire Charitable Foundation | 501(c)(3) | Concord, NH | $65,087,484 |
| Community Foundation for Greater Buffalo (CFGB) | 501(c)(3) | Buffalo, NY | $56,537,676 |
| San Francisco Foundation (TSFF) | 501(c)(3) | San Francisco, CA | $297,436,709 |
| The Minneapolis Foundation | 501(c)(3) | Minneapolis, MN | $115,302,787 |
| Seattle Foundation | 501(c)(3) | Seattle, WA | $159,592,537 |
| The Denver Foundation | 501(c)(3) | Denver, CO | $137,620,038 |
| Arkansas Community Foundation | 501(c)(3) | Little Rock, AR | $82,995,729 |
Data update history
February 3, 2024
Received grants
Identified 89 new grant, including a grant for $5,604,830 from The Wallace Foundation July 9, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
- Address
- 5500 Caruth Haven LN
- Dallas, TX 75225
- Metro area
- Dallas-Fort Worth-Arlington, TX
- County
- Dallas County, TX
- Website URL
- cftexas.org/Â
- Phone
- (214) 750-4222
- Facebook page
- CFTexasÂ
IRS details
- EIN
- 75-0964565
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1960
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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