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Nonprofiteer
← CENTRAL TEXAS COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by CENTRAL TEXAS COMMUNITY FOUNDATION INC.

Totals

Total revenue
$5,464,246
Total expenses
$5,300,617
Contributions and grants received
$4,217,735
Grants paid
$3,546,275
Program service revenue
$204,411
Investment income
$815,837
Other revenue
$226,263
Total assets, end of year
$19,450,306
Total liabilities, end of year
$2,154,380
Net assets or fund balances, end of year
$17,295,926
Program services expenses (Part IX)
$5,052,203
Management and general expenses
$209,158
Fundraising expenses
$39,256
Program service expenses (Part III)
$5,052,203

Program services were 95.3% 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

    $4,217,735

  • 1g · Noncash contributions included above

    $113,693

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $199,161 · related or exempt $199,161

  • 2b · Program service revenue: GIVING CIRCLES FEES

    total $5,250 · related or exempt $5,250

  • 3 · Investment income

    total $317,998 · excluded $317,998

  • 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 $9,970,611

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

    securities $9,472,772

  • 7c · Gain or loss

    securities $497,839

  • 7d · Net gain or loss

    total $497,839 · excluded $497,839

  • 11a · Other revenue: OTHER INCOME

    total $220,846 · related or exempt $220,846

  • 11e · Other revenue, total

    $220,846

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,546,275 · program services $3,546,275

  • 5 · Compensation of officers, directors and key employees

    total $122,008 · program services $97,607 · management and general $18,301 · fundraising $6,100

  • 7 · Other salaries and wages

    total $49,485 · program services $39,588 · management and general $7,423 · fundraising $2,474

  • 9 · Other employee benefits

    total $13,118 · program services $10,494 · management and general $1,968 · fundraising $656

  • 10 · Payroll taxes

    total $13,840 · program services $11,072 · management and general $2,076 · fundraising $692

  • 11c · Fees: accounting

    total $23,639 · management and general $23,639

  • 11f · Fees: investment management

    total $86,102 · management and general $86,102

  • 11g · Fees: other

    total $181,222 · program services $180,969 · management and general $253

  • 13 · Office expenses

    total $8,976 · management and general $8,976

  • 14 · Information technology

    total $8,814 · management and general $8,814

  • 16 · Occupancy

    total $30,598 · management and general $30,598

  • 17 · Travel

    total $3,211 · management and general $3,211

  • 19 · Conferences, conventions and meetings

    total $21,020 · management and general $9,373 · fundraising $11,647

  • 23 · Insurance

    total $3,973 · management and general $3,973

  • 24a · Other expenses: PROGRAM SUPPORT

    total $1,166,198 · program services $1,166,198

  • 24b · Other expenses: FUNDRAISING/DEVELOPMENT

    total $17,687 · fundraising $17,687

  • 24c · Other expenses: SERVICE CHARGES

    total $4,451 · management and general $4,451

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 $956,155 · end of year $864,071

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $10,000

  • 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 $20,943,409 · end of year $17,588,077

  • 15 · Other assets

    beginning of year $152,362 · end of year $25,510

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,839 · end of year $9,133

  • 25 · Other liabilities

    beginning of year $2,390,464 · end of year $2,145,247

  • 27 · Net assets without donor restrictions

    beginning of year $8,620,753 · end of year $8,332,084

  • 28 · Net assets with donor restrictions

    beginning of year $12,002,518 · end of year $8,963,842

Mission and programs · 2022

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 $5,052,203 · Grants $3,546,275 · Revenue $425,424

  • 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 $5,250

  • NONPROFIT INCUBATOR - THE INCUBATOR PROGRAM ENHANCES THE REGION'SNONPROFIT LANDSCAPE BY ASSISTING SELECTED NONPROFIT ORGANIZATIONS BYPROVIDING OFFICE SPACE AND OTHER RESOURCES.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • AMY MERIDA

    EXECUTIVE DIRECTOR

    Total calculated
    $122,008
    From this org
    $122,008
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • NYLE MAXWELL

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • JIM BOLES

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • BRUCE BESSNER

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • SHEVAWN WALZEL

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • JOHN NELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • HOLLY COE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • WILL WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHUCK GLACE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KEITH HICKMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAY LATHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • FRANK LEFFINGWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • CARY RABB

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JON SLOAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TIM TIMMERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GEORGE WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RON MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ISSAM SAM BAKIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARCELLA MAXWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SHAYNE EDDLEMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DINESH VAKHARIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SELICIA SANCHEZ-ADAME

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LUKE COCHRAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TOM MENKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ASHLEY BLAKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER HAYHURST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PAT HAMILTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303189349316810

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.