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Community Development : Community Foundations

Communities Foundation of Texas

Bringing visionary philanthropists and worthy causes together

three stars

89.16

5500 Caruth Haven Lane Dallas, TX 75225
tel: (214) 750-4222   Web Site
EIN: 75-0964565

Board Leadership
Jim Bass
Board Chair

CEO
David J. Scullin
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 89.16 three stars
  Financial 86.37 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Communities Foundation of Texas (CFT) has been a partner with donors for raising the quality of life in our community for 60 years. CFT provides effective ways to make meaningful charitable contributions while realizing significant tax advantages. When a donor makes a gift to CFT, a charitable deduction can be claimed. We handle the investment of the gift, listen to the donor's priorities and manage its distribution in charitable grants to worthwhile causes. The value of a gift can be granted out completely in a short period of time or it can be nurtured to provide a long legacy of charitable support. Communities Foundation of Texas is now one of the nation's largest community foundations, in terms of total assets, gifts received and grants awarded.

Communities Foundation of Texas (CFT) has been a partner with donors for raising the quality of life in our community for 60 years. CFT provides effective ways to make meaningful charitable contributions while realizing significant tax advantages. When a donor makes a gift to CFT, a charitable deduction can be claimed. We handle the investment of the gift, listen to the donor's priorities and manage its distribution in charitable grants to worthwhile causes. The value of a gift can be granted out completely in a short period of time or it can be nurtured to provide a long legacy of charitable support. Communities Foundation of Texas is now one of the nation's largest community foundations, in terms of total assets, gifts received and grants awarded.

Impact Information

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Financial

three stars

86.37

Accountability & Transparency

four stars

93.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.9%
  Administrative Expenses 8.4%
  Fundraising Expenses 1.6%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 4.39
  Program Expenses Growth 1.9%
  Liabilities to Assets 10.4%
All data for Financial Performance Metrics calculations was provided by Communities Foundation of Texas on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Communities Foundation of Texas on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Communities Foundation of Texas (TX) 89.16 three stars
West Central Initiative (MN) 93.05 four stars
The Dayton Foundation (OH) 87.41 three stars
El Paso Community Foundation (TX) 88.76 three stars
Community Foundation for Greater Buffalo (NY) 95.13 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $109,160,868
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $13,777,586
   Government Grants $0
Total Contributions $122,938,454
   Program Service Revenue $5,294,004
Total Primary Revenue $128,232,458
   Other Revenue $24,292,243
TOTAL REVENUE $152,524,701
   
EXPENSES  
   Program Expenses $123,052,397
   Administrative Expenses $11,559,462
   Fundraising Expenses $2,489,748
TOTAL FUNCTIONAL EXPENSES $137,101,607
   
Payments to Affiliates $0
Excess (or Deficit) for the year $15,423,094
   
Net Assets $592,135,616

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Charitable Grants and Services $76,852,517 62.5%
North Texas Giving Day $33,497,648 27.2%
Educate Texas $12,702,232 10.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 89.16 three stars
2017-06 11/01/2018 91.42 four stars
2016-06 12/01/2017 93.90 four stars
2015-06 10/01/2016 93.91 four stars
2014-06 06/01/2016 93.82 four stars
 
CN 2.0
2014-06 10/01/2015 95.01 four stars
2013-06 09/01/2014 90.95 four stars
2012-06 09/01/2013 90.46 four stars
2011-06 08/01/2012 82.91 three stars
2010-06 09/20/2011 97.76 four stars
 
CN 1.0
2010-06 07/01/2011 95.88 four stars
2009-06 07/01/2010 88.90 three stars
2008-06 10/01/2009 85.73 three stars
2007-06 10/01/2008 96.76 four stars
2006-06 07/01/2007 84.29 three stars
2005-06 09/01/2006 89.59 three stars
2004-06 04/01/2005 82.59 three stars
2003-06 05/01/2004 79.20 two stars
2002-06 04/15/2003 96.61 four stars
2001-06 10/15/2002 76.21 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 75-0964565
Name in IRS Master File COMMUNITIES FOUNDATION OF TEXAS INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(59) Other school related activities
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1961
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$426,857 0.31% David J. Scullin President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Communities Foundation of Texas (TX) 89.16 three stars
Community Foundation of Greater Huntsville (AL) 92.22 four stars
The Dayton Foundation (OH) 87.41 three stars
Community Foundation of Collier County (FL) 93.92 four stars
Community First Foundation (CO) 94.07 four stars

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Charity Contact Info

Communities Foundation of Texas
5500 Caruth Haven Lane
Dallas, TX 75225
tel: (214) 750-4222
fax: (214) 750-4210
EIN: 75-0964565

Visit Web Site

Board Leadership

Jim Bass
Board Chair

CEO

David J. Scullin
President & CEO

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