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Communities Foundation Of Texas Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 750964565 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

Overview

What is Communities Foundation Of Texas Inc?

Communities Foundation of Texas Inc, located in Dallas, Texas, is a nonprofit organization dedicated to serving charitable needs both domestically and abroad. With a team of 170 employees, they carry out their mission through charitable grants and services, all under the discretion of their Board of Trustees. The foundation has achieved significant impact by distributing grants to various charities, addressing both local and global needs.


Official website here: www.cftexas.org

Is Communities Foundation Of Texas Inc legitimate?

Communities Foundation Of Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Communities Foundation Of Texas Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,962,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,297,315

For more financial information, click here


Official website here: www.cftexas.org

What is the mission statement of Communities Foundation Of Texas Inc?

Communities Foundation of Texas Inc is dedicated to addressing charitable needs, both domestically and abroad, by dispensing charitable grants and rendering services, all under the guidance of its Board of Trustees. The organization's primary objective is fulfilled through numerous charitable grants and the provision of charitable services to support various humanitarian causes. The foundation's commitment extends beyond borders, making a significant impact on communities around the world.


Official website here: www.cftexas.org

Who is the CEO of Communities Foundation Of Texas Inc?

David J Scullin is the Chair of Communities Foundation Of Texas Inc. The CEO's salary of Communities Foundation Of Texas Inc is $539,979 and their total compensation is $594,986.


Official website here: www.cftexas.org

What is the revenue of Communities Foundation Of Texas Inc?

Communities Foundation Of Texas Inc's revenue in 2022 was $274,423,452.


Official website here: www.cftexas.org

Who are the executives of Communities Foundation Of Texas Inc and what are their salaries?

The average compensation at Communities Foundation Of Texas Inc during 2022 was $83,879. There are 170 employees and 1,015 volunteers at Communities Foundation Of Texas Inc.

Here are 41 key members and their salaries (Communities Foundation Of Texas Inc's CEO's salary is $539,979 and their total compensation is $594,986):

    David J Scullin (President And Ceo)
  • Compensation: $539,979
  • Related: $0
  • Other: $55,007

    • Elizabeth W Bull Sr Vp (Cfo & Admn Officer (Thru March 2022))
  • Compensation: $368,067
  • Related: $0
  • Other: $43,840

    • John J Fitzpatrick (Executive Director - Educate Texas)
  • Compensation: $333,388
  • Related: $0
  • Other: $39,891

    • George Tang (Managing Director, Educate Texas)
  • Compensation: $289,981
  • Related: $0
  • Other: $37,532

    • Monica Egert Smith Sr Vp (Chief Giving & Cmty Impact Officer)
  • Compensation: $277,057
  • Related: $0
  • Other: $25,698

    • Sarah C Nelson Chief (Philanthropy Officer (Thru Jan 2022))
  • Compensation: $256,083
  • Related: $0
  • Other: $30,878

    • Noelle Leveaux Chief (Marketing Officer (Through May 2022))
  • Compensation: $246,991
  • Related: $0
  • Other: $25,460

    • John C Coxon Managing (Director Of Programs, Educate Texas)
  • Compensation: $225,884
  • Related: $0
  • Other: $35,611

    • Amy Groff Managing Director (Of Finance & Admin Educate Texas)
  • Compensation: $209,532
  • Related: $0
  • Other: $31,201

    • Kristine M Thomas (Vp Of Finance)
  • Compensation: $194,807
  • Related: $0
  • Other: $27,055

    • Kenyatta Lovett (Managing Director, Higher Education)
  • Compensation: $175,581
  • Related: $0
  • Other: $18,497

    • Rodney Rodriguez (Sr. Director, Programs)
  • Compensation: $171,871
  • Related: $0
  • Other: $21,942

    • Reo Pruiett Chief Diversity (Equity And Inclusion Officer)
  • Compensation: $171,871
  • Related: $0
  • Other: $12,182

    • Katherine L Schaefers (Chief Accounting Officer)
  • Compensation: $158,720
  • Related: $0
  • Other: $14,229

    • Ryan Franklin (Sr. Director, Policy And Advocacy)
  • Compensation: $157,878
  • Related: $0
  • Other: $14,485

    • Brian E Doyle Chief (Investment Officer (Thru July 2021))
  • Compensation: $146,343
  • Related: $0
  • Other: $25,506

    • Wende Burton (Chief Philanthropy Officer)
  • Compensation: $138,805
  • Related: $0
  • Other: $30,992

    • D'Etta Hughes (Secretary)
  • Compensation: $110,861
  • Related: $0
  • Other: $14,683

    • Stephenie Barr-Hughes (Deputy Secretary)
  • Compensation: $86,432
  • Related: $0
  • Other: $20,767

    • Gary Samberson (Chief Investment Officer)
  • Compensation: $65,010
  • Related: $0
  • Other: $2,984

    • Alfreda Norman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richie Butler (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arcilia Acosta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Brennan Tagg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Dardick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matrice Ellis-Kirk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Pepe Guevara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Hersh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gunjan Jain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Kleinert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Losinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Montgomery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie O'Neill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Florence Shapiro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Small (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G Stacy Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Stephens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thear Suzuki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Walters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James T Berry (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cftexas.org

    Where can I find the form 990 for Communities Foundation Of Texas Inc?

    The Communities Foundation Of Texas Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cftexas.org

    Learn more at the official website: www.cftexas.org

    Mission Statement of Communities Foundation Of Texas Inc

    Communities Foundation of Texas, a charitable organization, is dedicated to addressing charitable needs both in the United States and abroad. The foundation executes its mission through the strategic distribution of charitable grants and provision of services, all decided upon by its Board of Trustees. By doing so, Communities Foundation of Texas aims to make a significant impact on various communities, both domestically and internationally.

    The foundation's commitment to charitable giving and community support is evident in its numerous grants and services. Through these initiatives, Communities Foundation of Texas helps to address a wide range of needs, from education and health to arts and culture. By placing trust in the discretion of its Board of Trustees, the organization is able to respond effectively to the evolving needs of the communities it serves.

    Communities Foundation of Texas' dedication to its mission is demonstrated through its past accomplishments. The organization has made a considerable impact by providing essential resources to charitable organizations and causes. The attached Schedules F and I serve as a testament to the foundation's unwavering commitment to making a difference in the lives of those in need.

    Impact

    This information is meant to be a general summary of Communities Foundation Of Texas Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Communities Foundation Of Texas Inc is dedicated to serving charitable needs, both domestically and abroad, through charitable grants and services as determined by its Board of Trustees. The foundation achieves its primary purpose by providing numerous charitable grants and services to support various charitable needs. Its impact can be seen through the support it offers to a wide range of causes and initiatives, both locally and internationally.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28,101,671
  • Program Service Revenue: $6,135,984
  • Gross Receipts: $430,902,918

    • Assets and Liabilities:
  • Total Assets: $891,470,306
  • Total Liabilities: $98,517,497
  • Net Assets: $792,952,809
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EDUCATE TEXAS

    Revenue

    $3,594,116

    SUPPORT FOUNDATION FEE

    Revenue

    $2,365,436

    RENTAL INCOME

    Revenue

    $176,432

    Organization Details

    Founding Year

    1960

    Principal Officer

    David J Scullin

    Main Address

    5500 CARUTH HAVEN LANE, DALLAS, TX, 75225

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Communities Foundation Of Texas Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.