Form 990 for tax year 2024
Filed by CENTRAL TEXAS COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $9,705,062
- Total expenses
- $7,591,831
- Contributions and grants received
- $7,558,970
- Grants paid
- $4,517,925
- Program service revenue
- $313,401
- Investment income
- $1,827,174
- Other revenue
- $5,517
- Total assets, end of year
- $26,688,060
- Total liabilities, end of year
- $3,286,952
- Net assets or fund balances, end of year
- $23,401,108
- Program services expenses (Part IX)
- $6,926,192
- Management and general expenses
- $554,337
- Fundraising expenses
- $111,302
- Program service expenses (Part III)
- $6,926,192
Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$7,558,970
-
1g · Noncash contributions included above
$184,020
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $305,501 · related or exempt $305,501
-
2b · Program service revenue: GIVING CIRCLES FEES
total $7,900 · related or exempt $7,900
-
3 · Investment income
total $620,587 · excluded $620,587
-
6a · Gross rents
real property $5,417
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $5,417
-
6d · Net rental income or loss
total $5,417 · related or exempt $5,417
-
7a · Gross sales of assets other than inventory
securities $2,400,030
-
7b · Less cost or other basis and sales expenses
securities $1,193,443
-
7c · Gain or loss
securities $1,206,587
-
7d · Net gain or loss
total $1,206,587 · excluded $1,206,587
-
11a · Other revenue: OTHER INCOME
total $100 · related or exempt $100
-
11e · Other revenue, total
$100
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,517,925 · program services $4,517,925
-
5 · Compensation of officers, directors and key employees
total $141,500 · program services $113,200 · management and general $21,225 · fundraising $7,075
-
7 · Other salaries and wages
total $185,828 · program services $148,663 · management and general $27,874 · fundraising $9,291
-
9 · Other employee benefits
total $25,918 · program services $20,734 · management and general $3,888 · fundraising $1,296
-
10 · Payroll taxes
total $25,936 · program services $20,749 · management and general $3,890 · fundraising $1,297
-
11c · Fees: accounting
total $32,900 · management and general $32,900
-
11f · Fees: investment management
total $101,964 · management and general $101,964
-
11g · Fees: other
total $281,861 · management and general $281,861
-
13 · Office expenses
total $8,280 · management and general $8,280
-
14 · Information technology
total $18,205 · management and general $18,205
-
16 · Occupancy
total $24,638 · management and general $24,638
-
17 · Travel
total $5,874 · management and general $5,874
-
19 · Conferences, conventions and meetings
total $79,125 · management and general $14,978 · fundraising $64,147
-
23 · Insurance
total $4,713 · management and general $4,713
-
24a · Other expenses: PROGRAM SUPPORT
total $2,104,468 · program services $2,104,468
-
24b · Other expenses: FUNDRAISING/DEVELOPMENT
total $28,649 · program services $453 · fundraising $28,196
-
24c · Other expenses: SERVICE CHARGES
total $4,047 · management and general $4,047
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $200 · end of year $200
-
2 · Savings and temporary cash investments
beginning of year $1,389,585 · end of year $1,384,989
-
3 · Pledges and grants receivable
beginning of year $10,000 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $417
-
10a · Land, buildings and equipment: cost or other basis
$962,448
-
10c · Land, buildings and equipment, net
beginning of year $962,448 · end of year $962,448
-
11 · Investments: publicly traded securities
beginning of year $20,723,778 · end of year $24,242,930
-
15 · Other assets
beginning of year $7,100 · end of year $97,076
-
17 · Accounts payable and accrued expenses
beginning of year $22,841 · end of year $19,374
-
25 · Other liabilities
beginning of year $2,481,989 · end of year $3,267,578
-
27 · Net assets without donor restrictions
beginning of year $9,867,879 · end of year $10,868,663
-
28 · Net assets with donor restrictions
beginning of year $10,720,402 · end of year $12,532,445
Mission and programs · 2024
Mission
TO SERVE AS A CATALYST TO NURTURE AND INSPIRE PHILANTHROPIC GIVING, TO BUILD "COMMUNITY CAPITAL" THROUGH A PERMANENT ENDOWMENT FUND, TO PROVIDE A FLEXIBLE VEHICLE FOR DONORS WITH VARIED PHILANTHROPIC INTERESTS, TO TAKE INITIATIVE IN ADDRESSING NEEDS AND SHAPING EFFECTIVE RESPONSES AND TO ENRICH THE QUALITY OF LIFE IN THE CENTRAL TEXAS AREA.
Activities or mission (Part I)
TO IMPROVE THE QUALITY OF LIFE IN THE CENTRAL TEXAS AREA.
-
GRANTMAKING - THE FOUNDATION MAKES GRANTS TO COMMUNITY NONPROFITORGANIZATIONS THROUGH THE VARIOUS ENDOWMENTS AND FUNDS THAT IT HOLDS.
Expenses $6,926,192 · Grants $4,517,925 · Revenue $311,018
-
GIVING CIRCLES - THE FOUNDATION HAS ESTABLISHED GIVING CIRCLES TOSUPPORT ITS MISSION OF INSPIRING PHILANTHROPY. THESE CIRCLES FOCUS ONEDUCATING MEMBERS ABOUT LOCAL NEEDS AND WAYS THEY CAN HELP.
Revenue $7,900
-
NONPROFIT INCUBATOR - THE INCUBATOR PROGRAM ENHANCES THE REGION'S NONPROFIT LANDSCAPE BY ASSISTING SELECTED NONPROFIT ORGANIZATIONS BY PROVIDING OFFICE SPACE AND OTHER RESOURCES. THERE WAS NO ACTIVITY RELATED TO THIS ACTIVITY DURING THE 2024 CALENDAR YEAR.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Daniel HernandezDANIEL HERNANDEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Keith HaglerKEITH HAGLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Austin AdayAUSTIN ADAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer HayhurstJENNIFER HAYHURST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ashley Nelson-TurzinskiASHLEY NELSON-TURZINSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tom MenkeTOM MENKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Luke CochranLUKE COCHRAN
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Selicia Sanchez-AdameSELICIA SANCHEZ-ADAME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dinesh VakhariaDINESH VAKHARIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Shayne EddlemanSHAYNE EDDLEMAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Marcella Maxwell-KeeblerMARCELLA MAXWELL-KEEBLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Issam Sam BakirISSAM SAM BAKIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ron MartinRON MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
George WhiteGEORGE WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim TimmermanTIM TIMMERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jon SloanJON SLOAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cary RabbCARY RABB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Frank LeffingwellFRANK LEFFINGWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Keith HickmanKEITH HICKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Will WilliamsWILL WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Holly CoeHOLLY COE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John NelsonJOHN NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Shevawn WalzelSHEVAWN WALZEL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Bruce BessnerBRUCE BESSNER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jim BolesJIM BOLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nyle MaxwellNYLE MAXWELL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Marjorie TinnellMARJORIE TINNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Patrick HamiltonPATRICK HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tom RamseyTOM RAMSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy MeridaAMY MERIDA
EXECUTIVE DIRECTOR
- Total calculated
- $141,500
- From this org
- $141,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$1,012,000
GENERAL ORGANIZATIONAL SUPPORT
-
THE ASSOC OF FORMER STUDENTS OF TAMU
$300,000
GENERAL ORGANIZATIONAL SUPPORT
-
GENERAL ORGANIZATIONAL SUPPORT
-
$100,000
GENERAL ORGANIZATIONAL SUPPORT
-
$100,000
GENERAL ORGANIZATIONAL SUPPORT
-
$95,000
GENERAL ORGANIZATIONAL SUPPORT
-
$75,000
GENERAL ORGANIZATIONAL SUPPORT
-
$62,500
GENERAL ORGANIZATIONAL SUPPORT
-
$61,400
GENERAL ORGANIZATIONAL SUPPORT
-
ROCK (RIDE ON CENTER FOR KIDS)
$60,000
GENERAL ORGANIZATIONAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640309349302204
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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