Form 990 for tax year 2022
Filed by COMMUNITY FOUNDATION OF WEST TEXAS.
Totals
- Total revenue
- $7,878,183
- Total expenses
- $4,340,947
- Contributions and grants received
- $4,540,939
- Grants paid
- $3,110,953
- Program service revenue
- $6,911
- Investment income
- $3,330,333
- Other revenue
- $0
- Total assets, end of year
- $61,358,908
- Total liabilities, end of year
- $2,931,033
- Net assets or fund balances, end of year
- $58,427,875
- Program services expenses (Part IX)
- $3,776,502
- Management and general expenses
- $304,343
- Fundraising expenses
- $260,102
- Program service expenses (Part III)
- $3,776,502
Program services were 87.0% 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.
-
1c · Fundraising events
$49,620
-
1f · All other contributions, gifts and grants
$4,491,319
-
1g · Noncash contributions included above
$49,956
-
2a · Program service revenue: MANAGEMENT FEES
total $6,911 · related or exempt $6,911
-
3 · Investment income
total $1,183,270 · excluded $1,183,270
-
7a · Gross sales of assets other than inventory
securities $14,513,705
-
7b · Less cost or other basis and sales expenses
securities $12,366,642
-
7c · Gain or loss
securities $2,147,063
-
7d · Net gain or loss
total $2,147,063 · excluded $2,147,063
-
8a · Fundraising events: gross income
$11,280
-
8a · Fundraising events: contributions included on line 1c
$49,620
-
8b · Fundraising events: direct expenses
$11,280
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,792,629 · program services $2,792,629
-
2 · Grants to domestic individuals
total $318,324 · program services $318,324
-
5 · Compensation of officers, directors and key employees
total $136,537 · program services $46,423 · management and general $53,249 · fundraising $36,865
-
7 · Other salaries and wages
total $401,771 · program services $136,497 · management and general $156,168 · fundraising $109,106
-
8 · Pension plan contributions
total $24,371 · program services $8,286 · management and general $9,505 · fundraising $6,580
-
9 · Other employee benefits
total $25,560 · program services $8,489 · management and general $8,962 · fundraising $8,109
-
10 · Payroll taxes
total $39,656 · program services $13,483 · management and general $15,466 · fundraising $10,707
-
11c · Fees: accounting
total $12,345 · program services $4,074 · management and general $4,197 · fundraising $4,074
-
11f · Fees: investment management
total $374,101 · program services $374,101
-
11g · Fees: other
total $21,202 · program services $4,567 · management and general $4,705 · fundraising $11,930
-
12 · Advertising and promotion
total $8,355 · program services $843 · management and general $4 · fundraising $7,508
-
13 · Office expenses
total $32,149 · program services $10,513 · management and general $5,722 · fundraising $15,914
-
14 · Information technology
total $28,467 · program services $13,137 · management and general $7,780 · fundraising $7,550
-
16 · Occupancy
total $25,779 · program services $8,584 · management and general $8,610 · fundraising $8,585
-
17 · Travel
total $6,787 · program services $2,074 · management and general $1,586 · fundraising $3,127
-
19 · Conferences, conventions and meetings
total $20,596 · program services $5,379 · management and general $8,436 · fundraising $6,781
-
22 · Depreciation, depletion and amortization
total $35,029 · program services $11,560 · management and general $11,909 · fundraising $11,560
-
23 · Insurance
total $4,613 · program services $1,536 · management and general $1,541 · fundraising $1,536
-
24a · Other expenses: DONOR RECOGNITION
total $8,412 · fundraising $8,412
-
24b · Other expenses: AFFILIATE EXPENSE
total $7,732 · program services $3,866 · management and general $3,866
-
24c · Other expenses: PROGRAM EXPENSE
total $7,677 · program services $7,677
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $5,860 · program services $1,465 · management and general $2,637 · fundraising $1,758
-
24e · All other expenses
total $2,995 · program services $2,995
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,622,063 · end of year $2,314,348
-
4 · Accounts receivable
beginning of year $7,853 · end of year $8,131
-
7 · Other notes and loans receivable
beginning of year $1,750,000 · end of year $1,750,000
-
10a · Land, buildings and equipment: cost or other basis
$774,973
-
10b · Land, buildings and equipment: accumulated depreciation
$283,418
-
10c · Land, buildings and equipment, net
beginning of year $526,585 · end of year $491,555
-
11 · Investments: publicly traded securities
beginning of year $64,648,425 · end of year $56,794,874
-
17 · Accounts payable and accrued expenses
beginning of year $22,610 · end of year $20,777
-
21 · Escrow or custodial account liability
beginning of year $3,218,954 · end of year $2,910,256
-
27 · Net assets without donor restrictions
beginning of year $66,310,616 · end of year $58,425,170
-
28 · Net assets with donor restrictions
beginning of year $2,746 · end of year $2,705
Mission and programs · 2022
Mission
THE COMMUNITY FOUNDATION OF WEST TEXAS ENHANCES THE LIVES OF ALL RESIDENTS OF THE TEXAS SOUTH PLAINS REGION, NOW AND FOR GENERATIONS TO COME, BY WORKING TOGETHER WITH OUR DONORS TO BUILD COMMUNITY ENDOWMENT, ADDRESS NEEDS THROUGH GRANTMAKING, AND PROVIDE LEADERSHIP ON KEY COMMUNITY ISSUES.
Activities or mission (Part I)
THE COMMUNITY FOUNDATION OF WEST TEXAS ENHANCES THE LIVES OF ALL RESIDENTS OF THE TEXAS SOUTH PLAINS REGION, NOW AND FOR GENERATIONS TO COME, BY WORKING TOGETHER WITH OUR DONORS TO BUILD COMMUNITY ENDOWMENT, ADDRESS NEEDS THROUGH GRANTMAKING AND PROVIDE LEADERSHIP ON KEY COMMUNITY ISSUES.
-
THE ORGANIZATION'S LARGEST PROGRAM IS GRANTMAKING. APPROXIMATELY 22% OF GRANTS IN 2022 WERE DIRECTED BY THE BOARD OF DIRECTORS THROUGH FIELD OF INTEREST AND DISCRETIONARY FUNDS THAT ADDRESS VITAL COMMUNITY NEEDS IN THE SOUTH PLAINS REGION AND RESPOND TO EMERGING OPPORTUNITIES IN A WIDE RANGE OF CHARITABLE ORGANIZATIONS. FOCUS AREAS INCLUDE BASIC NEEDS AND SELF SUFFICIENCY, EDUCATION AND YOUTH, CIVIC, SOCIAL AND ECONOMIC DEVELOPMENT, AND ARTS AND CULTURE. 9% OF FUNDS DISTRIBUTED IN 2022 WERE FROM SCHOLARSHIP FUNDS. THE REMAINING 69% OF GRANTS AUTHORIZED BY THE BOARD OF DIRECTORS IN 2022 WERE FROM ENDOWED AND LIMITED-TERM DESIGNATED AND DONOR-ADVISED FUNDS.
Expenses $3,776,502 · Grants $3,110,953 · Revenue $6,911
-
THE ORGANIZATION IS COMMITTED TO COMMUNITY BETTERMENT AND GROWING REGIONAL PHILANTHROPY. IN 2022, GRANTS AWARDED BY THE COMMUNITY FOUNDATION AND ITS AFFILIATES IN PLAINVIEW/HALE COUNTY, POST/GARZA COUNTY, LEVELLAND/HOCKLEY COUNTY AND SLATON INCLUDED MULTIPLE COLLABORATIVE COMMUNITY PROJECTS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
STEPHEN WARREN
PRESIDENT
- Total calculated
- $136,537
- From this org
- $119,969
- From related orgs
- $0
- Other
- $16,568
- Hours/week
- 40
-
DWIGHT MCDONALD
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
SANDY MARTINEZ
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
BUD HOLMES
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MONT MCCLENDON
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
MARISA ALLISON-SCHEEF
GRANTS CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
NATALIE INDERMAN
DONOR RELATIONS CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
RYAN HENRY
PERSONNEL CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MARK BASS
INVESTMENT CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
SAM AYERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAWN MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANN-MARIE CARRUTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
ANN MARIE WRIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BEN GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
YVETTE HINOJOSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
STACY RIKER 122 - 722
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
DON RUSHING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TED RUSHING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LYNNETTE WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BARBARA GILLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
ROGER KARR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHARON PRATHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TERRA JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIANNA BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CRYSTAL EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SARAH THOMPSON 322 - 1222
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DIANN WINDHAM 822 - 1222
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
-
$147,742
GENERAL SUPPORT
-
GENERAL SUPPORT
-
ST ELIZABETH UNIVERSITY PARISH
$83,455
RAIDER CATHOLIC, GENERAL SUPPORT
-
IHUB SOCIAL INNOVATION, SCHOLARSHIPS, STUDENT AND COLLEGE/PROGRAM SUPPORT, PUBLIC BROADCASTING
-
WOLFFORTH UNITED METHODIST CHURCH
$51,100
PLAYGROUND
-
$48,000
LUBBOCK CULTURAL DISTRICT MARKETING, ARTS FESTIVAL, CHILDREN'S ART
-
$46,453
COME ONE, COME ALL SUMMER OF FUN AND GENERAL SUPPORT
-
$43,905
GENERAL SUPPORT
-
$43,091
OPEN DOOR VITAL SERVICES, SUPPORTIVE HOUSING, GENERAL SUPPORT
-
$42,810
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313039349301591
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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