Totals
- Total revenue
- $100,631,947
- Total expenses
- $84,795,799
- Contributions and grants received
- $85,268,717
- Grants paid
- $68,863,145
- Program service revenue
- $0
- Investment income
- $15,300,438
- Other revenue
- $62,792
- Total assets, end of year
- $429,083,554
- Total liabilities, end of year
- $30,564,167
- Net assets or fund balances, end of year
- $398,519,387
- Program services expenses (Part IX)
- $75,320,695
- Management and general expenses
- $7,121,601
- Fundraising expenses
- $2,353,503
- Program service expenses (Part III)
- $75,320,695
Program services were 88.8% 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
$1,340,365
-
1d · Related organizations
$8,807,533
-
1f · All other contributions, gifts and grants
$75,120,819
-
1g · Noncash contributions included above
$40,437,719
-
3 · Investment income
total $8,521,567 · excluded $8,521,567
-
5 · Royalties
total $340,172 · excluded $340,172
-
6a · Gross rents
real property $150,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $150,000
-
6d · Net rental income or loss
total $150,000 · excluded $150,000
-
7a · Gross sales of assets other than inventory
securities $153,962,540
-
7b · Less cost or other basis and sales expenses
securities $147,178,604 · other assets $5,065
-
7c · Gain or loss
securities $6,783,936 · other assets -$5,065
-
7d · Net gain or loss
total $6,778,871 · excluded $6,778,871
-
8a · Fundraising events: gross income
$218,689
-
8a · Fundraising events: contributions included on line 1c
$1,340,365
-
8b · Fundraising events: direct expenses
$908,080
-
8c · Net income from fundraising events
total -$689,391 · excluded -$689,391
-
11a · Other revenue: OTHER INCOME
total $262,011 · excluded $262,011
-
11e · Other revenue, total
$262,011
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $66,863,532 · program services $66,863,532
-
2 · Grants to domestic individuals
total $1,999,613 · program services $1,999,613
-
5 · Compensation of officers, directors and key employees
total $1,159,204 · program services $231,841 · management and general $614,378 · fundraising $312,985
-
7 · Other salaries and wages
total $2,709,198 · program services $541,840 · management and general $1,435,875 · fundraising $731,483
-
8 · Pension plan contributions
total $139,784 · program services $27,957 · management and general $74,085 · fundraising $37,742
-
9 · Other employee benefits
total $372,877 · program services $74,575 · management and general $197,625 · fundraising $100,677
-
10 · Payroll taxes
total $251,296 · program services $50,259 · management and general $133,187 · fundraising $67,850
-
11a · Fees: management
total $810,490 · program services $564,092 · management and general $246,398
-
11b · Fees: legal
total $258,894 · program services $17,500 · management and general $241,394
-
11c · Fees: accounting
total $40,481 · management and general $40,481
-
11e · Fees: professional fundraising services
total $150,000 · fundraising $150,000
-
11f · Fees: investment management
total $1,017,072 · management and general $1,017,072
-
11g · Fees: other
total $5,213,713 · program services $3,456,186 · management and general $1,519,285 · fundraising $238,242
-
12 · Advertising and promotion
total $37,038 · management and general $30,638 · fundraising $6,400
-
13 · Office expenses
total $563,075 · program services $45,454 · management and general $311,974 · fundraising $205,647
-
14 · Information technology
total $233,769 · program services $6,906 · management and general $220,311 · fundraising $6,552
-
16 · Occupancy
total $400,557 · program services $1,057 · management and general $219,067 · fundraising $180,433
-
17 · Travel
total $278,816 · program services $35,889 · management and general $137,684 · fundraising $105,243
-
19 · Conferences, conventions and meetings
total $147,025 · management and general $112,969 · fundraising $34,056
-
22 · Depreciation, depletion and amortization
total $71,066 · management and general $71,066
-
23 · Insurance
total $96,377 · management and general $96,377
-
24a · Other expenses: OTHER EXPENSES
total $837,357 · program services $768,382 · management and general $68,975
-
24b · Other expenses: PRINTED MATERIALS
total $491,906 · program services $412,030 · management and general $8,977 · fundraising $70,899
-
24c · Other expenses: BUSINESS MEALS & ENTERT
total $332,835 · program services $153,582 · management and general $73,959 · fundraising $105,294
-
24d · Other expenses: MARKETING CONSULTANT
total $205,990 · program services $70,000 · management and general $135,990
-
24e · All other expenses
total $113,834 · management and general $113,834
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $23,025,908 · end of year $24,840,428
-
3 · Pledges and grants receivable
beginning of year $7,879,130 · end of year $3,679,219
-
9 · Prepaid expenses and deferred charges
beginning of year $483,945 · end of year $641,662
-
10a · Land, buildings and equipment: cost or other basis
$1,819,010
-
10b · Land, buildings and equipment: accumulated depreciation
$190,169
-
10c · Land, buildings and equipment, net
beginning of year $1,659,377 · end of year $1,628,841
-
12 · Investments: other securities
beginning of year $313,649,515 · end of year $349,149,850
-
15 · Other assets
beginning of year $47,529,064 · end of year $49,143,554
-
17 · Accounts payable and accrued expenses
beginning of year $1,751,470 · end of year $1,322,752
-
18 · Grants payable
beginning of year $11,437,956 · end of year $8,058,078
-
25 · Other liabilities
beginning of year $19,764,158 · end of year $21,183,337
-
27 · Net assets without donor restrictions
beginning of year $292,523,235 · end of year $328,827,884
-
28 · Net assets with donor restrictions
beginning of year $68,750,120 · end of year $69,691,503
Mission and programs · 2023
Mission
DALLAS FOUNDATION BRINGS TOGETHER PEOPLE, IDEAS AND INVESTMENTS IN GREATER DALLAS SO INDIVIDUALS AND FAMILIES CAN REACH THEIR FULL POTENTIAL.
-
OVERVIEW:THE DALLAS FOUNDATION STEWARDS PHILANTHROPIC RESOURCES IN PARTNERSHIP WITH OUR DONOR PARTNERS AND FOCUSES ON IMPACT BY INVESTING IN OUR COMMUNITY'S GREATEST NEEDS. THE DALLAS FOUNDATION HAS FOCUSED ON FOUR KEY PROGRAM AREAS: 1. ENSURING A STRONG AND HEALTHY START IN LIFE, 2. ECONOMIC MOBILITY, 3. FAMILY HOMELESSNESS, AND 4. CHILD AND YOUTH MENTAL HEALTH. THROUGH OUR GRANTMAKING AND PARTNERSHIPS, WE AIM TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS ACROSS THE DALLAS AREA.IMPACT METRICS:IN 2023, WE AWARDED OVER $3 MILLION IN DISCRETIONARY GRANTS TO MORE THAN 114 NONPROFIT ORGANIZATIONS AND, IN PARTNERSHIP WITH OUR FUNDHOLDERS, A TOTAL OF APPROXIMATELY $73M. OF THESE GRANTS, 30% WERE DIRECTED TO EDUCATION-RELATED NONPROFIT ORGANIZATIONS FOR A TOTAL PHILANTHROPIC INVESTMENT OF OVER $21M IN THIS CAUSE AREA. ANOTHER $9M IN GRANTS FOCUSED ON NONPROFITS WORKING IN THE AREAS OF COMMUNITY AND NEIGHBORHOOD DEVELOPMENT. SUCCESS STORIES:ONE NOTABLE SUCCESS IS OUR PARTNERSHIP WITH CATCHAFIRE, WHERE OUR FUNDING SUPPORTED OVER 285 NONPROFIT ORGANIZATIONS IN BUILDING THEIR CAPACITY AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES BY VIRTUALLY CONNECTING THEM TO SKILLS-BASED VOLUNTEERS. THIS INITIATIVE RESULTED IN OVER 3,500 VOLUNTEER HOURS DONATED AND MORE THAN $700,000 IN DOLLARS SAVED BY PARTICIPATING NONPROFIT ORGANIZATIONS IN 2022.FUTURE GOALS:LOOKING AHEAD, THE DALLAS FOUNDATION PLANS TO DEVELOP AN UPDATED STRATEGIC PLAN FOCUSED ON EXPANDING OUR IMPACT TOWARD ENSURING A STRONG AND HEALTHY START FOR AGES 0-5 AND IDENTIFYING DONOR AND COMMUNITY PARTNERSHIPS THAT ENSURE WE ARE EMPOWERING DALLAS COMMUNITIES THROUGH PHILANTHROPIC INVESTMENTS AND COLLABORATION.
Expenses $75,320,695 · Grants $68,863,145
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Amber ScanlanAMBER SCANLAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bobby BisorBOBBY BISOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Catherine RoseCATHERINE ROSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth PhillipsELIZABETH PHILLIPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jaimee EddingtonJAIMEE EDDINGTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy SmithJEREMY SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark OkadaMARK OKADA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael SorrellMICHAEL SORRELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steffen FuchsSTEFFEN FUCHS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Trevor Rees Jones IIITREVOR REES JONES III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lydia AddyLYDIA ADDY
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Chris LunaCHRIS LUNA
VICE CHAIR & SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Matthew RandazzoMATTHEW RANDAZZO
PRESIDENT & CEO - TERM 7/2/23
- Total calculated
- $297,816
- From this org
- $272,946
- From related orgs
- $0
- Other
- $24,870
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $248,433
- Bonus
- $24,513
- Other
- $0
- Deferred
- $10,481
- Nontaxable benefits
- $14,389
- Filer's total
- $297,816
-
Julie DiazJULIE DIAZ
EXECUTIVE VP & COO, INTERIM PRESIDENT & CEO
- Total calculated
- $381,100
- From this org
- $367,667
- From related orgs
- $0
- Other
- $13,433
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $367,667
- Bonus
- $0
- Other
- $0
- Deferred
- $13,433
- Nontaxable benefits
- $0
- Filer's total
- $381,100
-
Torrey LittletonTORREY LITTLETON
CHIEF FINANCIAL OFFICER
- Total calculated
- $256,683
- From this org
- $231,518
- From related orgs
- $0
- Other
- $25,165
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $209,518
- Bonus
- $22,000
- Other
- $0
- Deferred
- $9,680
- Nontaxable benefits
- $15,485
- Filer's total
- $256,683
-
Drexell OwusuDREXELL OWUSU
CHIEF IMPACT OFFICER
- Total calculated
- $223,605
- From this org
- $189,220
- From related orgs
- $0
- Other
- $34,385
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,220
- Bonus
- $6,000
- Other
- $0
- Deferred
- $8,240
- Nontaxable benefits
- $26,145
- Filer's total
- $223,605
-
Dawn TownsendDAWN TOWNSEND
VP MARKETING & COMMUNICATIONS
- Total calculated
- $152,887
- From this org
- $139,344
- From related orgs
- $0
- Other
- $13,543
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,844
- Bonus
- $4,500
- Other
- $0
- Deferred
- $5,613
- Nontaxable benefits
- $7,930
- Filer's total
- $152,887
-
Gary GarciaGARY GARCIA
SR DIRECTOR, PHILANTHROPIC PARTNERSHIPS
- Total calculated
- $183,421
- From this org
- $161,511
- From related orgs
- $0
- Other
- $21,910
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $156,529
- Bonus
- $4,982
- Other
- $0
- Deferred
- $6,842
- Nontaxable benefits
- $15,068
- Filer's total
- $183,421
-
Kimberly MontezKIMBERLY MONTEZ
DIRECTOR, GIFT PLANNING & FAMILY PHILANTHROPY
- Total calculated
- $163,748
- From this org
- $149,216
- From related orgs
- $0
- Other
- $14,532
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,716
- Bonus
- $4,500
- Other
- $0
- Deferred
- $6,019
- Nontaxable benefits
- $8,513
- Filer's total
- $163,748
-
Samantha WakelandSAMANTHA WAKELAND
SENIOR DIRECTOR, FINANCE
- Total calculated
- $156,038
- From this org
- $141,792
- From related orgs
- $0
- Other
- $14,246
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,967
- Bonus
- $6,825
- Other
- $0
- Deferred
- $5,733
- Nontaxable benefits
- $8,513
- Filer's total
- $156,038
-
Angela WoodsonANGELA WOODSON
SENIOR DIRECTOR OF STRATEGIC INITIATIVES
- Total calculated
- $151,082
- From this org
- $137,029
- From related orgs
- $0
- Other
- $14,053
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,829
- Bonus
- $4,200
- Other
- $0
- Deferred
- $5,540
- Nontaxable benefits
- $8,513
- Filer's total
- $151,082
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$6,755,931
GENERAL SUPPORT
-
$4,939,182
GENERAL SUPPORT
-
$1,810,000
GENERAL SUPPORT
-
THE COMMIT PARTNERSHIP (COMMIT)
$1,602,825
GENERAL SUPPORT
-
$1,585,938
GENERAL SUPPORT
-
GENERAL SUPPORT
-
UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER
$1,204,250
GENERAL SUPPORT
-
SAINT MICHAEL AND ALL ANGELS CHURCH
$1,136,610
GENERAL SUPPORT
-
$1,050,000
GENERAL SUPPORT
-
$1,033,936
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
HIGHLAND DALLAS FOUNDATION INC
501(C)(3) · SUPPORTING · DE · controlled entity
Directly controlled by DALLAS FOUNDATION
-
501(C)(3) · SUPPORTING · DE · controlled entity
Directly controlled by DALLAS FOUNDATION
-
501(C)(3) · SUPPORTING · DE · controlled entity
Directly controlled by DALLAS FOUNDATION
-
DALLAS FOUNDATION SPECIAL PROJECTS FUND
501(C)(3) · SUPPORTING · TX · controlled entity
Directly controlled by DALLAS FOUNDATION
-
501(C)(3) · SUPPORTING · TX · controlled entity
Directly controlled by DALLAS FOUNDATION
-
501(C)(3) · SUPPORTING · TX · controlled entity
Directly controlled by DALLAS FOUNDATION
-
501(C)(3) · SUPPORTING · TX · controlled entity
Directly controlled by DALLAS FOUNDATION
-
501(C)(3) · SUPPORTING · TX · controlled entity
Directly controlled by DALLAS FOUNDATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
BLUE ROCK STUDIO LLC
HOLD REAL ESTATE AND ILLIQUID ASSETS · TX · income $0 · assets $0
Directly controlled by DALLAS FOUNDATION
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
LENNOX HOLDINGS LTD
EXCLUDED · RENTAL · TX · 98% owned
-
MAHATMA DHARMA CHARITIES LTD
EXCLUDED · INVESTMENT · TX · 98% owned · share of income $11,057 · share of assets $80,154
-
LAKESIDE VILLAGE PARTNERS LP
EXCLUDED · INVESTMENT · TX · 9.71% owned · share of income $183,485 · share of assets $183,485
-
TONAN PARTNERS LTD
EXCLUDED · INVESTMENT · TX · 2% owned · share of income $381 · share of assets $37,711
-
EULESS ASH NEC JOINT VENTURE
EXCLUDED · INVESTMENT · TX · share of income $1,055
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
JSR TDF HOLDING CORPORATION
C · HOLDING COMPANY · TX · 100% owned · share of income $337,179 · share of assets $4,186,979
Directly controlled by THE JSR FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413119349301976
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.