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Community Foundation Of Abilene

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

EIN: 752045832 ✦ Abilene, TX ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Of Abilene?

The Community Foundation of Abilene is a nonprofit organization located in Abilene, Texas. With a team of nine dedicated individuals, their primary mission is to award grants to eligible 501(c)(3) organizations within Abilene and West Central Texas, as determined by approved grant applications or the Board of Trustees. This philanthropic institution aims to enhance the welfare of local residents by providing financial support to various civic and public organizations.


Official website here: www.cfabilene.org

Is Community Foundation Of Abilene legitimate?

Community Foundation Of Abilene is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Abilene 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: $244,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $466,875

For more financial information, click here


Official website here: www.cfabilene.org

What is the mission statement of Community Foundation Of Abilene?

The Community Foundation of Abilene focuses on making grant donations to civic and public organizations primarily within their community, with the ultimate goal of improving the general welfare of local residents. They provide financial assistance to approved 501(c)(3) organizations based on grant applications or through decisions made by their Board of Trustees. Their mission is centered on bettering the lives of community members by supporting a range of initiatives and causes. Through their grant-making process, they aim to foster growth and development in various sectors, ultimately contributing to a thriving community.


Official website here: www.cfabilene.org

Who is the CEO of Community Foundation Of Abilene?

Katie Alford is the Member of Community Foundation Of Abilene. The CEO's salary of Community Foundation Of Abilene is $220,500 and their total compensation is $233,280.


Official website here: www.cfabilene.org

What is the revenue of Community Foundation Of Abilene?

Community Foundation Of Abilene's revenue in 2022 was $40,559,088.


Official website here: www.cfabilene.org

Who are the executives of Community Foundation Of Abilene and what are their salaries?

The average compensation at Community Foundation Of Abilene during 2022 was $79,008. There are 9 employees and 214 volunteers at Community Foundation Of Abilene.

Here are 16 key members and their salaries (Community Foundation Of Abilene's CEO's salary is $220,500 and their total compensation is $233,280):

    Katie Alford (President/Ceo)
  • Compensation: $220,500
  • Related: $0
  • Other: $12,780

    • Carolyn Beckham (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hall (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Hampton (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melody Hunt (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mcqueen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Montoya (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Nickerson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Schackmuth (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Vinson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Wagstaff (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Blanks (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Swearingen (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deonna Galbraith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mindy Patterson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Senter (Member-At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfabilene.org

    Where can I find the form 990 for Community Foundation Of Abilene?

    The Community Foundation Of Abilene’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cfabilene.org

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

    Mission Statement of Community Foundation Of Abilene

    The Community Foundation of Abilene is a grant-making organization with a mission to enhance the lives of people in its primary service area by providing financial support to various unrelated civic and public organizations. Through its grant donations, the foundation plays a pivotal role in promoting the general welfare of residents within Abilene and West Central Texas.

    In practice, the Community Foundation of Abilene funds qualified 501(c)(3) organizations based on grant applications or decisions made by its Board of Trustees. The foundation's grants contribute significantly to the community, reaching a wide range of initiatives aimed at improving the quality of life for local residents. By investing in these organizations, the foundation fosters long-term growth and positive change within the community.

    Through its philanthropic efforts, the Community Foundation of Abilene seeks to create a lasting impact on the well-being of its constituents. The grant donations not only provide critical financial resources, but they also serve as a testament to the Foundation's commitment to the welfare of the community. The foundation's support is essential in helping organizations fulfill their own missions and make a difference in the lives of individuals within the service area.

    Impact

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




    Thursday, August 15, 2024

    The Community Foundation Of Abilene's impact is felt through its support for various qualified organizations in Abilene and West Central Texas. By providing grant donations, the foundation plays a crucial role in promoting the general welfare of area residents. Through their philanthropic efforts, the foundation enhances the community by funding initiatives that address pressing needs and contribute to the betterment of society.





    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: $10,284,591
  • Program Service Revenue: $0
  • Gross Receipts: $93,424,843

    • Assets and Liabilities:
  • Total Assets: $173,679,067
  • Total Liabilities: $27,514,742
  • Net Assets: $146,164,325
  • Organization Details

    Founding Year

    1985

    Principal Officer

    Katie Alford

    Main Address

    PO BOX 1001, ABILENE, TX, 79604

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Community Foundation Of Abilene 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.