Community Foundation Of North Texas

Organization Overview

Community Foundation Of North Texas, operating under the name North Texas Community Foundation, is located in Fort Worth, TX. The organization was established in 1989. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, North Texas Community Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Texas Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, North Texas Community Foundation generated $72.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $34.7m during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, North Texas Community Foundation has awarded 11,776 individual grants totaling $179,320,491. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STRENGTHEN THE COMMUNITY THROUGH CIVIC LEADERSHIP AND TO ENCOURAGE PHILANTHROPY BY PROVIDING COMMUNITY KNOWLEDGE AND RELIABLE STEWARDSHIP TO THOSE WHO WISH TO FULFILL THEIR CHARITABLE GOALS IN A MEANINGFUL WAY--EITHER DURING OR BEYOND THEIR LIFETIMES.

Describe the Organization's Program Activity:

COMMUNITY FOUNDATION OF NORTH TEXAS (CFNTX) EXTENDED RESOURCES TO OVER 822 AREA NON-PROFITS IN 2021. GRANTS AND SCHOLARSHIPS TOTALING OVER $26 MILLION HELPED A VARIETY OF ORGANIZATIONS FULFILL THEIR MISSIONS TO NORTH TEXAS AND OTHER AREAS. THE FOUNDATION AWARDED SCHOLARSHIPS TO 38 STUDENTS FOR UNIVERSITY EDUCATION. THE FOUNDATION AWARDS GRANTS FROM ITS VARIOUS FIELDS OF INTEREST AND UNRESTRICTED ENDOWMENTS; IN ADDITION, THROUGH DESIGNATED AND DONOR ADVISED FUNDS, THE FOUNDATION AWARDS GRANTS TO PUBLIC CHARITIES AND GOVERNMENTAL ENTITIES LOCALLY, STATEWIDE AND NATIONALLY ACCORDING TO THE CHARITABLE INTERESTS AND CONCERNS OF THE FUNDHOLDERS.


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Board, Officers & Key Employees

Name (title)Compensation
Rose Bradshaw
President
$298,358
Stan Ninemire
Chief Financial Officer
$169,559
Vicki Andrews
Donor Relations Laison
$121,561
Stewart Alcorn
Chair
$0
Anne Holland
Vice Chair
$0
Daniel H Mccarthy
Corp. Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$42,735,569
Noncash contributions included in lines 1a–1f $16,520,977
Total Revenue from Contributions, Gifts, Grants & Similar$42,735,569
Total Program Service Revenue$2,756,176
Investment income $10,396,027
Tax Exempt Bond Proceeds $0
Royalties $110,401
Net Rental Income $0
Net Gain/Loss on Asset Sales $16,184,878
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $72,575,782

Grants Awarded

Over the last fiscal year, Community Foundation Of North Texas has awarded $23,213,446 in support to 606 organizations.

Grant RecipientAmount

FORT WORTH ISD

PURPOSE: TO SUPPORT THE FWCP BUDGET

$1,776,175

FIRST UNITED METHODIST CHURCH - FW

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: FOR THE NEW EDWARD AND MAXINE BAKER FAMILY CHILDREN'S WING IN HONOR OF EDWARD L. AND MAINE BAKER, SR.

$1,000,000

FIRST UNITED METHODIST CHURCH - FW

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: FOR THE NEW CHILDREN'S CENTER IN HONOR OF MAXINE & EDWARD L. BAKER SR. (1 OF 3 GRANTS OVER 3 YEARS)

$1,000,000

FIRST UNITED METHODIST CHURCH - FW

Org PageRecipient Profile

Fort Worth, TX

PURPOSE: FOR THE NEW EDWARD AND MAXINE BAKER FAMILY CHILDREN'S WING IN HONOR OF EDWARD L. AND MAXINE BAKER, SR.

$800,000

UNIVERSITY OF TEXAS LONGHORN FOUND

PURPOSE: FOR SOUTH END ZONE CAPITAL PROJECT. PLEASE NOTIFY JOSH BROWN OF THIS GIFT

$450,000

UNIVERSITY OF NORTH TEXAS FOUNDATION

Org PageRecipient Profile

Denton, TX

PURPOSE: FOR UNT-COLLEGE OF EDUCATION WITH A FOCUS ON ELEMENTARY EDUCATION

$341,356
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 27 grants that Community Foundation Of North Texas has recieved totaling $8,714,615.

Awarding OrganizationAmount
Rainwater Charitable Foundation

Fort Worth, TX

PURPOSE: T3

$2,452,312
Meta Alice Keith Bratten Foundation

Fort Worth, TX

PURPOSE: DONOR ADVISED FUND

$1,200,000
Rainwater Charitable Foundation

Fort Worth, TX

PURPOSE: THE RAINWATER CORNERSTONE NEW LIFE CENTER 2 FUND

$925,000
Rainwater Charitable Foundation

Fort Worth, TX

PURPOSE: SUPPORT OF THE 2022 GRANT FUNDING CYCLE

$754,868
Rainwater Charitable Foundation

Fort Worth, TX

PURPOSE: IMPLEMENT FARE'S

$725,000
Grogan Family Foundation Inc

Dallas, TX

PURPOSE: CULTIVATE VIBRANT AND RESILIENT COMM

$661,299
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$89,727,411
Earnings$17,199,163
Admin Expense$959,373
Net Contributions$7,079,753
Grants$3,564,097
Ending Balance$109,482,857

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