Communities Foundation of Texas, Inc.
Communities Foundation of Texas, Inc.
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About this organization
Mission
CFT stimulates creative solutions to key challenges in our community. We thoughtfully and effectively support our diverse donors and grantees by providing exemplary service and by demonstrating accountability. Values enhancing the experience and impact of giving through: 1. Exemplary service; 2. Wise stewardship of resources; 3. Trusted partnership for community knowledge and collaboration. We fulfill our mission by: -Making grants to support community issues in North Texas and, through the generosity of our donors, throughout the world. -Encouraging individuals, families and businesses to partner with us to fulfill their charitable goals. -Educating the community on pressing needs and the organizations addressing them. -Convening people to work on community problems.
About
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.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “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.”.
When explaining its purpose, the activities were described as: “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 non-profit is legally allowed to operate in the state of TX, as reported.
- The filing provides the non-profit's address in 2020 as 5500 CARUTH HAVEN LANE, DALLAS, TX, 75225.
- The non-profit has a total of 127 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $15,100,406.
- The organization has 17 independent voting members.
- The organization was formed in 1960.
- The organization pays $12,799,201 in salary, compensation, and benefits to its employees.
- The organization pays $2,595,346 in fundraising expenses.
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