Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $46,750

• 1f · All other contributions, gifts and grants

  $6,630,327

• 1g · Noncash contributions included above

  $726,296

• 3 · Investment income

  total $915,902 · excluded $915,902

• 5 · Royalties

  total $8,418 · excluded $8,418

• 7a · Gross sales of assets other than inventory

  securities $7,095,332

• 7b · Less cost or other basis and sales expenses

  securities $6,824,170

• 7c · Gain or loss

  securities $271,162

• 7d · Net gain or loss

  total $271,162 · related or exempt $271,162

• 8a · Fundraising events: gross income

  $34,274

• 8a · Fundraising events: contributions included on line 1c

  $46,750

• 8b · Fundraising events: direct expenses

  $50,143

• 8c · Net income from fundraising events

  total -$15,869 · excluded -$15,869

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $4,478 · excluded $4,478

• 11e · Other revenue, total

  $4,478

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,628,974 · program services $7,628,974

• 2 · Grants to domestic individuals

  total $340,006 · program services $340,006

• 7 · Other salaries and wages

  total $382,898 · program services $172,304 · management and general $153,159 · fundraising $57,435

• 9 · Other employee benefits

  total $67,362 · program services $30,313 · management and general $26,945 · fundraising $10,104

• 11c · Fees: accounting

  total $25,365 · management and general $25,365

• 11f · Fees: investment management

  total $140,279 · management and general $140,279

• 11g · Fees: other

  total $6,787 · management and general $6,787

• 12 · Advertising and promotion

  total $85,822 · management and general $85,822

• 13 · Office expenses

  total $16,211 · program services $6,535 · management and general $6,015 · fundraising $3,661

• 14 · Information technology

  total $45,687 · program services $22,844 · management and general $22,843

• 16 · Occupancy

  total $26,972 · program services $22,938 · management and general $4,034

• 17 · Travel

  total $10,208 · program services $5,104 · management and general $5,104

• 20 · Interest

  total $14,082 · program services $7,041 · management and general $7,041

• 22 · Depreciation, depletion and amortization

  total $26,956 · management and general $26,956

• 23 · Insurance

  total $2,181 · management and general $2,181

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $15,606 · management and general $15,606

• 24b · Other expenses: BANK SERVICE CHARGES

  total $3,040 · management and general $3,040

• 24c · Other expenses: OTHER EXPENSES

  total $2,197 · management and general $2,197

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,032,982 · end of year $1,591,167

• 3 · Pledges and grants receivable

  end of year $450,000

• 4 · Accounts receivable

  beginning of year $35,453 · end of year $32,641

• 9 · Prepaid expenses and deferred charges

  end of year $15,675

• 10a · Land, buildings and equipment: cost or other basis

  $776,119

• 10b · Land, buildings and equipment: accumulated depreciation

  $68,282

• 10c · Land, buildings and equipment, net

  beginning of year $609,298 · end of year $707,837

• 11 · Investments: publicly traded securities

  beginning of year $34,069,711 · end of year $38,195,080

• 12 · Investments: other securities

  beginning of year $3,338,605 · end of year $3,677,573

• 15 · Other assets

  beginning of year $25,194 · end of year $22,389

• 17 · Accounts payable and accrued expenses

  beginning of year $6,303 · end of year $8,729

• 18 · Grants payable

  beginning of year $645,850 · end of year $499,550

• 22 · Loans and payables to officers and key people

  beginning of year $450,989 · end of year $403,871

• 25 · Other liabilities

  beginning of year $8,819,556 · end of year $9,060,703

• 27 · Net assets without donor restrictions

  beginning of year $18,293,555 · end of year $16,839,689

• 28 · Net assets with donor restrictions

  beginning of year $12,894,990 · end of year $17,879,820

The filer's explanations (Part III)

PART I, LINE 4B

AUSTIN DICKSON - GROSS WAGES = 160,200 RETIREMENT BENEFITS =$5,142

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• COMMUNITY FOUNDATION HOLDINGS LLC

  HOLDING COMPANY FOR REAL ESTATE · TX

  Directly controlled by THE COMMUNITY FOUNDATION OF THE TEXAS HILL COUNTRY