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Public nonprofit record

WACO FOUNDATION

EIN 74-6054628 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

AS THE COMMMUNITY FOUNDATION SERVING MCLENNAN COUNTY, TEXAS, WACO FOUNDATION is AN INDEPENDENT PUBLIC CHARITY THAT STEWARDS PHILANTHROPIC RESOURCES FROM INSTITUTIONAL and INDIVIDUAL DONORS and DIRECTS THEIR USE for THE BENEFIT of COMMUNITY-BASED CHARITIES. THE GOAL of WACO FOUNDATION is to INCREASE QUALITY of LIFE IN THE GEOGRAPHIC AREA IT SERVES, MCLENNAN COUNTY. WACO FOUNDATION DEVOTES THE RESOURCES IN ITS CARE to EFFORTS THAT IDENTIFY and ADDRESS THE COMMUNITYS GREATEST NEEDS. ACTIVITIES ARE GOVERNED BY A VOLUNTARY, ROTATING BOARD of TRUSTEES COMPRISED of PEOPLE FROM THE COMMUNITY, WHICH USES ITS VARIANCE POWER to ENSURE THAT THE INTERESTS of THE ENTIRE COMMUNITY ARE THE FOCUS of THE WORK and THAT THE WORK REMAINS RELEVANT OVER TIME.

Money

Financial picture

Tax year 2024
Revenue$16,820,955
Expenses$12,499,829
Assets$148,387,558
Income$49,669,472
Contributions$10,509,377
Grants given$37,836,974
Average grant$58,481
Management$1,500,058
Stocks and bonds$110,988,873
Accounting fees$55,373
Investing fees$334,504

About this charity

Recognized since
January 1963
Location
1224 AUSTIN AVE 100, Waco, TX 76701
County
McLennan
In care of
ASHLEY ALLISON
Primary officer
ASHLEY ALLISON, Executive Director

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
April 1, 2024
Return type
990
Tax preparer
ISABEL E WEEDEN CPA
NTEE classification
Philanthropy, Voluntarism & Grantmaking Foundations (T310)
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
600000000
Organization
2

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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