EIN 75-0964565

Communities Foundation of Texas

IRS 501(c) type
501(c)(3)
Num. employees
143
City
State
Year formed
1960
Most recent tax filings
2020-06-01
NTEE code, primary
Description
The Foundation is committed to serving charitable needs both domestically and abroad through charitable grants and services at the discretion of the board of trustees. The foundation is committed to serving charitable needs both domestically and abroa...
Total revenues
$206,780,551
2020
Total expenses
$161,352,718
2020
Total assets
$722,475,684
2020
Num. employees
143
2020

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

GranteeGrant descriptionAmount
North Texas Food BankThis Grant Is Designated for General Support.$4,508,281
Southern Methodist University (SMU)This Grant Is Designated for General Support.$2,659,573
The Salvation Army / Territorial HeadquartersThis Grant Is Designated for General Support.$2,436,317
...and 936 more grants made totalling $95,988,424

Who funds Communities Foundation of Texas

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
W.W. Caruth Jr. FoundationSupport for Grants Made To Qualified Organizations in the Fields of Scientific and Medical Research, Education, and Public Safety$6,169,600
Schwab Charitable FundPublic, Societal Benefit$5,767,297
Scharbauer FoundationEstablishing Idea Public Schools in the Permian Basin$3,500,000
...and 94 more grants received totalling $31,793,313

Personnel at Communities Foundation of Texas

NameTitleCompensation
David J. ScullinPresident and Chief Executive Officer$501,649
Beth BullSenior Vice President, Chief Financial and Administrative Officer
Gary SambersonChief Investment Officer
Carri McDonaldExecutive Assistant, Cfao and Cmo
Noelle LeveauxChief Marketing Officer
...and 42 more key personnel

Financials for Communities Foundation of Texas

RevenuesFYE 06/2020
Total grants, contributions, etc.$176,734,228
Program services$7,163,664
Investment income and dividends$6,901,919
Tax-exempt bond proceeds$0
Royalty revenue$184,267
Net rental income$0
Net gain from sale of non-inventory assets$15,460,389
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$336,084
Total revenues$206,780,551

Form 990s for Communities Foundation of Texas

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-06990View PDF
2019-062020-10-14990View PDF
2018-062019-06-19990View PDF
2017-062018-09-12990View PDF
2016-062017-08-02990View PDF
...and 6 more Form 990s

Organizations like Communities Foundation of Texas

OrganizationLocationRevenue
The Boston Foundation (TBF)Boston, MA$182,767,888
New Hampshire Charitable FoundationConcord, NH$103,387,258
The Cleveland FoundationCleveland, OH$120,009,767
Philadelphia Foundation (PF)Philadelphia, PA$66,660,025
The Dallas FoundationDallas, TX$97,887,988
The Greater Cincinnati FoundationCincinnati, OH$172,775,235
Arizona Community FoundationPhoenix, AZ$106,808,500
The Oregon Community FoundationPortland, OR$355,016,955
The Community FoundationRichmond, VA$65,892,800
The Rhode Island FoundationProvidence, RI$90,361,227
Data update history
August 4, 2022
Received grants
Identified 27 new grant, including a grant for $1,650,000 from United Way of Greater Houston
July 26, 2022
Posted financials
Added Form 990 for fiscal year 2020
November 16, 2021
Updated personnel
Identified 16 new personnel
October 3, 2021
Received grants
Identified 51 new grant, including a grant for $6,169,600 from W.W. Caruth Jr. Foundation
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsConducts researchLobbyingOperates 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/ 
Phone
(214) 750-4222
Facebook page
CFTexas 
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
Free account sign-up

Want updates when Communities Foundation of Texas has new information, or want to find more organizations like Communities Foundation of Texas?

Create free Cause IQ account