Program areas at CBCF
The Foundation makes grants to nonprofit organizations to improve the quality of life in the Coastal Bend area of Texas from unrestricted, field-of-interest, designated, special project and donor advised funds.
On november 8, 2022 the Foundation had a one 24 hour period of online giving of donations called the "Coastal Bend day of giving", where donors matched the first 1.3 million collected for 54 nonprofits in the Coastal Bend service area. The total amount granted to the 54 nonprofits was 3,863,006 which provided assistance to over 254,166 Coastal Bend residents.
The Foundation provides scholarships and fellowships to students in accordance with the terms of the approximate 100 scholarship and fellowship funds.
Who funds Coastal Bend Community Foundation (CBCF)
Grants from foundations and other nonprofits
Personnel at CBCF
| Name | Title | Compensation | Date of data |
|---|
| Karen W. Selim | President and Chief Executive Officer | $210,000 | 2024-09-21 |
| Alyssa Monette | Financial Director | $104,800 | 2024-09-21 |
| Krystal E. Thomasson | Marketing and Communications Director | $0 | 2024-09-21 |
| Lari D. Young | Office Manager | | 2024-09-21 |
| Tracy M. Ramirez | Operations and Coastal Bend Day of Giving Director | $83,800 | 2024-09-21 |
| ...and 10 more key personnel |
Financials for CBCF
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $9,405,333 | $10,369,948 | -9.3% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $1,684,589 | $1,268,731 | 32.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $1,415,757 | $906,249 | 56.2% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $694,053 | $8,652,784 | -92% |
| Net income from fundraising events | $-72,052 | $-133,075 | 45.9% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $765,785 | $1,150,623 | -33.4% |
| Total revenues | $13,893,465 | $22,215,260 | -37.5% |
Organizations like CBCF
| Organization | Type | Location | Revenue |
|---|
| Community Foundation of Western Pennsylvania and Eastern Ohio | 501(c)(3) | Sharon, PA | $18,135,472 |
| Truman Heartland Community Foundation (THCF) | 501(c)(3) | Independence, MO | $10,949,150 |
| The Taos Community Foundation | 501(c)(3) | Taos, NM | $5,629,788 |
| San Antonio Area Foundation | 501(c)(3) | San Antonio, TX | $68,911,493 |
| Pinebelt Foundation | 501(c)(3) | Hattiesburg, MS | $5,581,238 |
| Community Foundation of Central Wisconsin | 501(c)(3) | Stevens Point, WI | $5,069,125 |
| The Luzerne Foundation | 501(c)(3) | Wilkes Barre, PA | $20,972,961 |
| Inland Empire Community Foundation (TCF) | 501(c)(3) | Riverside, CA | $41,121,733 |
| Wayne County Indiana Foundation | 501(c)(3) | Richmond, IN | $6,007,469 |
| Community Foundation of North Central Massachusetts | 501(c)(3) | Fitchburg, MA | $8,936,344 |
Data update history
September 21, 2024
Updated personnel
Identified 5 new personnel
July 21, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $215,000 from Ed Rachal Foundation January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsState / local levelEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 555 N Carancahua St Suite 900
- Corpus Christi, TX 78401
- Metro area
- Corpus Christi, TX
- County
- Nueces County, TX
- Website URL
- cbcfoundation.org/
- Phone
- (361) 882-9745
- Facebook page
- CoastalBendCommunityFoundation
IRS details
- EIN
- 74-2190039
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1980
- 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
Free account sign-up
Want updates when CBCF has new information, or want to find more organizations like Coastal Bend Community Foundation (CBCF)?
Create free Cause IQ account