EIN 75-2817894

Wichita Falls Area Community Foundation (WFACF)

Name: Wichita Falls Area Community Foundation (WFACF) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Wichita Falls

State

Texas

Year formed

1999

Most recent tax filings

2023-12-01

NTEE code, primary

T31: Community Foundations

Description

The mission of Wichita Falls Area Community Foundation is to promote philanthropy; to provide charitable opportunities; to facilitate donors’ varied interests; and to leave a legacy for the future.

Total revenues

$8,784,375

2023

Total expenses

$6,567,955

2023

Total assets

$76,040,362

2023

Num. employees

2023

Program areas at WFACF

Wichita Falls Area Community Foundation seeks to provide grants to various qualified organizations as approved by the Board of Directors through the cultivation, investment, and establishment of contributed funds in order to provide long-term income and fund growth for the provision of grants and support of community organizations, now and in the future. Grants made in the current year benefitted more than 850 organizations and individuals.

Grants made by WFACF

Grantee	Grant description	Grant year	Amount
Southern Methodist University (SMU)	Educational	2023-12	$1,630,100
Dallas Theological Seminary (DTS)	Religion	2023-12	$210,000
Kell House Heritage Center	Arts, Culture	2023-12	$208,775
...and 92 more grants made totalling $4,043,851

Who funds Wichita Falls Area Community Foundation (WFACF)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
James N Mccoy Foundation	2023-12	Scholarships.	$237,750
The Priddy Foundation	2023-12	The Priddy Foundation Matching Gifts Program 2023	$200,000
The Priddy Foundation	2023-12	Volunteer Fire Department Fund 2023 and 2024	$125,000
...and 13 more grants received

Personnel at WFACF

Name	Title	Compensation	Date of data
Leslie Schaffner	President	$150,200	2024-10-04
Leslie Petersen	Office Manager		2024-09-22
Julie Looper	Program Manager		2024-09-22

Financials for WFACF

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$7,284,630	$4,247,974	71.5%
Program services	$0	$0	-
Investment income and dividends	$1,509,472	$1,332,315	13.3%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$26,102	$50,718	-48.5%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-48,954	$-324,583	84.9%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$13,125	$11,850	10.8%
Total revenues	$8,784,375	$5,318,274	65.2%

Form 990s for WFACF

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-10-04	990	View PDF
2022-12	2023-11-13	990	View PDF
2021-12	2022-11-14	990	View PDF
2020-12	2021-11-15	990	View PDF
2019-12	2021-02-26	990	View PDF
...and 10 more Form 990s

Organizations like WFACF

Organization	Type	Location	Revenue
Community Foundation of Northeast Iowa	501(c)(3)	Cedar Falls, IA	$16,618,758
Centre Foundation	501(c)(3)	State College, PA	$6,043,071
Lincoln Community Foundation	501(c)(3)	Lincoln, NE	$38,435,421
Community Foundation of Shelby County	501(c)(3)	Sidney, OH	$11,787,664
Central Florida Foundation	501(c)(3)	Orlando, FL	$9,187,304
Cumberland Community Foundation (CCF)	501(c)(3)	Fayetteville, NC	$12,454,210
Madison Community Foundation	501(c)(3)	Madison, WI	$20,094,904
Western Kansas Community Foundation	501(c)(3)	Garden City, KS	$2,664,401
Community Foundation of Central Georgia	501(c)(3)	Macon, GA	$11,032,103
Community Foundation for the Alleghenies / Community Foundation of Greater Johnstown (CFA)	501(c)(3)	Johnstown, PA	$30,548,742

Data update history

January 19, 2025

Received grants

Identified 5 new grant, including a grant for $83,333 from Bryant Edwards Foundation

November 29, 2024

Posted financials

Added Form 990 for fiscal year 2023

November 25, 2024

Received grants

Identified 1 new grant, including a grant for $12,500 from Wichita Falls Area Community Foundation (WFACF)

September 22, 2024

Updated personnel

Identified 6 new personnel

August 1, 2024

Received grants

Identified 6 new grant, including a grant for $200,000 from The Priddy Foundation

Nonprofit Types

Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities

Issues

Community improvement

Characteristics

Operates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donationsAccepts online donations

General information

Address: 2405 Kell Blvd 100; Wichita Falls, TX 76308
Metro area: Wichita Falls, TX
County: Wichita County, TX
Website URL: wfacf.org
Phone: (940) 766-0829
Facebook page: Wichita-Falls-Area-Community-Foundation

IRS details

EIN: 75-2817894
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1999
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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Wichita Falls Area Community Foundation (WFACF)

Program areas at WFACF

Grants made by WFACF

Who funds Wichita Falls Area Community Foundation (WFACF)

Personnel at WFACF

Financials for WFACF

Form 990s for WFACF

Organizations like WFACF

Nonprofits

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