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Communities Foundation of Texas

Dallas, TX · EIN 75-0964565 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Communities Foundation of Texas reported $341.6 million in revenue and $264.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.32 went to program services, $6.17 to management and general costs and $1.51 to fundraising. Its largest source of revenue was contributions and grants: 76.8% of the total. The highest compensation it reported for one person was $591,178 (PRESIDENT AND CEO). 49 people received more than $100,000 in reportable compensation. Revenue rose 65% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $264M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $342M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.3%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
6.2%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
76.8%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
2.8%0.0%
Highest reported compensation
Part VII-A, columns D–F
$591,178$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.22%1.56%
People paid over $100,000
Part VII, line 2
493
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
48.756.6
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$185M expenses · 76.0% of program spending · grants $185M · revenue $3.4M

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

$20M expenses · 8.2% of program spending · grants $3.1M · revenue $6.7M

Educate texas, a public-private initiative of Communities Foundation of Texas, is an innovative alliance of public and private groups that share a common goal improving the public education system so that every texas student is prepared for success in school, in the workforce, and in life

$39M expenses · 15.8% of program spending · grants $37M · revenue $360K

North texas giving day, launched in 2009 by cft, is the largest giving day in the nation. It is an online event dedicated to raising money for north texas nonprofits. Bonus funds and prizes are provided by cft and other local foundations, corporations and individuals

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$555,840$0$35,338$591,178
SR. VP & CFO & TREASURER
Officer, 40.00 hrs/week
$399,295$0$39,179$438,474
EXEC. DIRECTOR - EDTX (THRU 9/6/24)
Key employee, 40.00 hrs/week
$390,036$0$22,326$412,362
CHIEF HUMAN RESOURCES OFFICER
Officer, 40.00 hrs/week
$290,952$0$38,258$329,210
CHIEF MARKETING OFFICER
Officer, 40.00 hrs/week
$286,796$0$38,946$325,742
PROGRAMS AND ENGAGEMENT OFFICER
Officer, 40.00 hrs/week
$285,984$0$24,270$310,254
OF PROGRAMS - EDTX (THRU 4/30/25)
Highest compensated employee, 40.00 hrs/week
$270,086$0$39,089$309,175
CHIEF INVESTMENT OFFICER
Officer, 40.00 hrs/week
$263,563$0$38,496$302,059

49 people received more than $100,000 in reportable compensation from Communities Foundation of Texas (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$342M$264M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$342M$264M92.3%$1.07B$591,178
FY2024 ⓘ$249M$211M91.4%$951M$426,290
FY2023 ⓘ$195M$191M92.7%$842M$614,797
FY2022 ⓘ$274M$207M93.5%$793M$594,986
FY2021 ⓘ$214M$171M93.4%$839M$579,868
FY2020 ⓘ$207M$161M93.7%$647M$556,695

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5163
  • Volunteers Part I, line 6869

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MIGHTYCAUSE CORPORATION
Technology services
$812,153
CAREERCRAFT INC
Educational consulting
$470,965
HAROLD F HOGUE II DBA COSPERO CONSULTING
Educational consulting
$412,000
PEGASUS TECHNOLOGY SOLUTIONS LLC
Technology consulting
$399,164
EPAM SYSTEMS INC
Technology consulting
$388,305

Individuals listed as contractors are left out. 42 contractors were paid more than $100,000 in all.

Private foundation grants it received

58 private foundations reported grants to Communities Foundation of Texas totaling $17M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Communities Foundation of Texas's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Communities Foundation of Texas, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Texas

Questions people ask

How much of Communities Foundation of Texas's spending goes to programs?

In the fiscal year ending June 30, 2025, Communities Foundation of Texas reported that 92.3% of its $264.3 million in expenses went to program services, 6.2% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Communities Foundation of Texas pay its top executive?

The largest total compensation Communities Foundation of Texas reported for one person in the fiscal year ending June 30, 2025 was $591,178, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Communities Foundation of Texas get its money?

Of $341.6 million in revenue in the fiscal year ending June 30, 2025, 76.8% came from contributions and grants and 2.8% from program service revenue (Form 990, Part VIII).

Is Communities Foundation of Texas a registered charity?

The IRS lists EIN 75-0964565 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621119349301972 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500849349300230 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410609349301461 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330179349300633 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210149349300821 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003569349301065 · read the filing

All filings for EIN 75-0964565: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.