Austin Community Foundation

Organization Overview

Austin Community Foundation is located in Austin, TX. The organization was established in 1977. 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, Austin Community Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin 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, Austin Community Foundation generated $88.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $50.9m during the year ending 12/2021. While expenses have increased by 7.1% 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, Austin Community Foundation has awarded 4,197 individual grants totaling $212,471,858. 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 PROMOTE PHILANTHROPY AND IMPROVE THE QUALITY OF LIFE IN THE AUSTIN AREA THROUGH GRANTS IN THE AREAS OF ARTS/CULTURE; EDUCATION & TRAINING; COMMUNITY SERVICE & COMMUNITY DEVELOPMENT; ENVIRONMENT; HEALTH; HUMAN SERVICES; RECREATION & LEISURE; AND ANIMAL WELFARE.

Describe the Organization's Program Activity:

GRANTMAKING. THE FOUNDATION MAKES GRANTS FROM THE VARIOUS ENDOWMENTS AND FUNDS THAT IT HOLDS. THE FOUNDATION HAS A COMPETITIVE GRANTS CYCLE THAT MAKES GRANTS ONLY IN THE CENTRAL TEXAS REGION TO SUPPORT PUBLIC CHARITIES AND GOVERNMENT EFFORTS IN THE FOLLOWING ISSUE AREAS: ARTS/CULTURE; EDUCATION/TRAINING; COMMUNITY DEVELOPMENT/SERVICE; ENVIRONMENT; HEALTH; HUMAN SERVICES; ANIMAL-RELATED SERVICES; AND RECREATION/LEISURE. ADDITIONALLY, THROUGH DESIGNATED, DONOR-ADVISED AND FIELD OF INTEREST FUNDS, THE FOUNDATION MAKES GRANTS TO PUBLIC CHARITIES AND GOVERNMENTAL ENTITIES LOCALLY, STATE-WIDE, NATIONALLY AND OCCASIONALLY, INTERNATIONALLY.


SCHOLARSHIPS. THE FOUNDATION GRANTS SCHOLARSHIPS FOR STUDENTS ATTENDING INSTITUTIONS OF HIGHER EDUCATION AND VOCATION/TECHNICAL EDUCATION INSTITUTIONS. ALL SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION.


INITIATIVES AND OTHER COMMUNITY EFFORTS. THE FOUNDATION THROUGH A VARIETY OF EFFORTS WORKS WITH NON-PROFIT ORGANIZATIONS AND INDIVIDUALS TO RAISE AWARENESS OF COMMUNITY NEED AND THE IMPACT THAT PRIVATE PHILANTHROPY CAN MAKE. THE FOUNDATION PROVIDES VEHICLES FOR INDIVIDUALS TO GET INVOLVED WITH THE COMMUNITY THROUGH GRANT MAKING AND COMMUNITY BUILDING. THE FOUNDATION ALSO SERVES AS THE FISCAL SPONSOR FOR THE CHARITABLE PROJECTS.


OTHER VARIOUS EFFORTS OF COMMUNITY SERVICE NOT INCLUDED IN THE THREE LARGEST PROGRAM SERVICE ACCOMPLISHMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Nellis
CEO
$250,061
Coralie Pledger
CFO
$170,603
Meagan A Longley
VP Community Impact
$126,462
Cybil Guess
VP Donor Relations
$122,114
Misty Whited
VP Marketing & Communications
$119,896
Randa Safady
Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
C3 Presents Llc
Entertainment Event Services
$248,077
Forefront Networks Lp
Entertainment Event Services
$555,652
Lmarie Agency Llc Dba Blue Norther Live
Entertainment Event Services
$158,998
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $327,362
All other contributions, gifts, grants, and similar amounts not included above$70,900,997
Noncash contributions included in lines 1a–1f $18,708,229
Total Revenue from Contributions, Gifts, Grants & Similar$71,228,359
Total Program Service Revenue$0
Investment income $6,532,830
Tax Exempt Bond Proceeds $0
Royalties $186,239
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,901,335
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $88,798,773

Grants Awarded

Over the last fiscal year, Austin Community Foundation has awarded $39,903,001 in support to 600 organizations.

Grant RecipientAmount

Austin, TX

PURPOSE: DESIGNATED FOR THE MEMORIAL FUND

$3,059,107

MUELLER FOUNDATION

Org PageRecipient Profile

Austin, TX

PURPOSE: RETENTION OF 4512 VAUGHAN STREET, UNIT C

$2,202,071

FIDELITY CHARITABLE GIFT FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: UNRESTRICTED

$1,380,965

HEALTH ALLIANCE FOR AUSTIN MUSICIANS (HAAM)

Org PageRecipient Profile

Austin, TX

PURPOSE: PUMPING THE LIFEBLOOD OF AUSTIN ON HAAM DAY ...

$1,364,595

REDWOOD RESEARCH GROUP INC

Org PageRecipient Profile

Berkeley, CA

PURPOSE: UNRESTRICTED

$1,300,000

Matthews, NC

PURPOSE: RESTRICTED FOR THE ONE MISSOULA CHURCH ACCOUNT

$900,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Austin Community Foundation has recieved totaling $2,224,161.

Awarding OrganizationAmount
Shive Foundation

Austin, TX

PURPOSE: GWS FUND

$878,723
Harry And Rubye Gaston Foundation

Sunset Valley, TX

PURPOSE: FUND SCHOLARSHIPS

$536,903
Shive Foundation

Austin, TX

PURPOSE: GWS FUND

$427,535
Harry And Rubye Gaston Foundation

Sunset Valley, TX

PURPOSE: FUND SCHOLARSHIPS

$370,000
The Nick Reinhart Foundation

Cincinnati, OH

PURPOSE: SCHOLARSHIP PROGRAM

$11,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$134,458,829
Earnings$24,313,847
Net Contributions$5,917,604
Grants$3,634,632
Ending Balance$161,055,648

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