COMMUNITIES FOUNDATION OF TEXAS INC Charity Report

Public IRS 990 nonprofit record

COMMUNITIES FOUNDATION OF TEXAS INC

EIN 75-0964565 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE FOUNDATION is COMMITTED to SERVING CHARITABLE NEEDS BOTH DOMESTICALLY and ABROAD THROUGH CHARITABLE GRANTS and SERVICES AT THE DISCRETION of THE BOARD of TRUSTEES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.43%of revenue went to mission work92.3% of expenses · Program services

1.16%of revenue went to fundraising1.5% of expenses

$77.37spent for every $100 of revenueRevenue covered expenses this year.

4.78%of revenue went to management and office costs6.2% of expenses

$4.42in assets for every $1 spent this yearSome assets cannot be spent right away.

76.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $591,178 for WAYNE WHITE (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$341,607,358

Mission workProgram services$244,001,44471.43% of revenue92.3% of expenses

ManagementOffice and general costs$16,318,3244.78% of revenue6.2% of expenses

FundraisingAsking for donations$3,979,1541.16% of revenue1.5% of expenses

Revenue left after expensesReported annual surplus$77,308,43622.63% of revenueShown in gray on the chart

Total expenses$264,298,92277.37% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.3% mission · 6.2% management · 1.5% fundraisingTotal expenses: 77.37% of revenue

2023Expense mix: 91.4% mission · 7.0% management · 1.6% fundraisingTotal expenses: 84.80% of revenue

2022Expense mix: 92.7% mission · 5.5% management · 1.8% fundraisingTotal expenses: 97.65% of revenue

2021Expense mix: 93.5% mission · 4.9% management · 1.6% fundraisingTotal expenses: 75.59% of revenue

2020Expense mix: 93.4% mission · 4.9% management · 1.7% fundraisingTotal expenses: 79.82% of revenue

2019Expense mix: 93.7% mission · 4.6% management · 1.6% fundraisingTotal expenses: 78.03% of revenue

2018Expense mix: 93.3% mission · 4.8% management · 1.9% fundraisingTotal expenses: 90.16% of revenue

2017Expense mix: 89.8% mission · 8.4% management · 1.8% fundraisingTotal expenses: 89.89% of revenue

Money in and money out

Revenue$341,607,358

Expenses$264,298,922

Annual surplus $77,308,436 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$244,001,444 · 92.3% of expenses

Management and office costs$16,318,324 · 6.2% of expenses

Fundraising$3,979,154 · 1.5% of expenses

See all reported dollar amounts

Revenue$341,607,358

Expenses$264,298,922

Assets$1,168,653,123

Income$476,611,766

Contributions$262,314,142

Mission work (program services)$244,001,444

Fundraising$3,979,154

Grants given$1,324,754,502

Average grant$48,092

Management and general$16,318,324

Executive compensation (total)$3,013,501

Stocks and bonds$896,970,679

Accounting fees$147,039

Investing fees$640,759

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WAYNE WHITEPRESIDENT AND CEO · 40 hrs/week $591,178Base $555,840 · Other $35,338

JAMES T BERRYSR. VP & CFO & TREASURER · 40 hrs/week $438,474Base $399,295 · Other $39,179

JOHN J FITZPATRICKEXEC. DIRECTOR - EDTX (THRU 9/6/24) · 40 hrs/week $412,362Base $390,036 · Other $22,326

TRUMAN GREENE JRCHIEF HUMAN RESOURCES OFFICER · 40 hrs/week $329,210Base $290,952 · Other $38,258

JENNIFER BEHL TAYLORCHIEF MARKETING OFFICER · 40 hrs/week $325,742Base $286,796 · Other $38,946

DR REO EDWARDS CHIEFPROGRAMS AND ENGAGEMENT OFFICER · 40 hrs/week $310,254Base $285,984 · Other $24,270

JOHN C COXON MGING DIROF PROGRAMS - EDTX (THRU 4/30/25) · 40 hrs/week $309,175Base $270,086 · Other $39,089

GARY SAMBERSONCHIEF INVESTMENT OFFICER · 40 hrs/week $302,059Base $263,563 · Other $38,496

CALVERT COLLINS-BRATTONCHIEF RELATIONSHIPS OFFICER · 40 hrs/week $300,428Base $274,562 · Other $25,866

CAROLYN NEWHAM GENCOUNSEL AND CORPORATE SECRETARY · 40 hrs/week $290,386Base $259,188 · Other $31,198

ROGER SANTONECHIEF INFORMATION OFFICER (THRU 12/31/24) · 40 hrs/week $285,172Base $252,251 · Other $32,921

KRISTINE M THOMASSENIOR VP, FINANCE · 40 hrs/week $245,881Base $216,580 · Other $29,301

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

WAYNE WHITEPRESIDENT AND CEO

JAMES T BERRYSR. VP & CFO & TREASURER

JOHN J FITZPATRICKEXEC. DIRECTOR - EDTX (THRU 9/6/24)

TRUMAN GREENE JRCHIEF HUMAN RESOURCES OFFICER

JENNIFER BEHL TAYLORCHIEF MARKETING OFFICER

DR REO EDWARDS CHIEFPROGRAMS AND ENGAGEMENT OFFICER

JOHN C COXON MGING DIROF PROGRAMS - EDTX (THRU 4/30/25)

GARY SAMBERSONCHIEF INVESTMENT OFFICER

CALVERT COLLINS-BRATTONCHIEF RELATIONSHIPS OFFICER

CAROLYN NEWHAM GENCOUNSEL AND CORPORATE SECRETARY

ROGER SANTONECHIEF INFORMATION OFFICER (THRU 12/31/24)

KRISTINE M THOMASSENIOR VP, FINANCE

KATHERINE L SCHAEFERSCHIEF ACCOUNTING OFFICER

NADINE DECHAUSAYCHIEF STRATEGY & INSIGHTS OFFICER

OCTAVIO MORALESTECHNOLOGY DELIVERY OFFICER

PRISCILLA AQUINO-GARZA SRDIR., PROGRAMS, TEACHING & LEADING

SHAWN JACKSONEXEC. DIRECTOR, KALEIDOSCOPE PARK

RYAN FRANKLIN MGING DIRPOLICY AND ADVOCACY, EDTX (THRU 10/4/24)

ROBERT KENTCHIEF PHILANTHROPY OFFICER

AMIR TABEICHIEF INFORMATION OFFICER

PETER BRODSKYTRUSTEE

ANDY SMITHTRUSTEE

TOM MONTGOMERYTRUSTEE

THEAR SUZUKITRUSTEE

SARA LOSINGERTRUSTEE

ARCILIA ACOSTATRUSTEE

ROB WALTERSTRUSTEE

RICHIE BUTLERCHAIR (THRU 12/31/24), TRUSTEE

RAKESH DAHIYATRUSTEE

GUNJAN JAINTRUSTEE

MICHAEL DARDICKTRUSTEE

MATRICE ELLIS-KIRKVICE CHAIR

CHRISTOPHER REYNOLDSTRUSTEE

KATIE ROBBINSTRUSTEE

ALFREDA NORMANTRUSTEE (THRU 12/31/24)

JOSE GUEVARATRUSTEE

CONNIE BLASS ONEILLVICE CHAIR (THRU 12/31/24), CHAIR

DEBRA TAGGTRUSTEE

JOHN STEPHENSTRUSTEE

JILL LOUISTRUSTEE

GREG CAMPBELLTRUSTEE (THRU 12/31/24)

About this charity

Recognized since: January 1961
Location: 5500 CARUTH HAVEN LN, DALLAS, TX 75225-8146
County: Dallas
In care of: % GENERAL COUNSEL
Primary officer: KRISTINE M THOMAS, SENIOR VP OF FINANCE

How to reach them

WebsiteVisit the charity’s website Emailcommunications@edtx.orgNorth Phone(214) 750-4222

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes