Skip to the page content
Your donations
Passes our checks

Graham Community Foundation

EIN 20-1480110 · Graham, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceGood75 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

The organization will act as a centralized servicing agency to coordinate fundraising and grant application efforts of the various exempt organizations with the goal of reducing duplicated overhead expenses and educating staff of the various exempt organizations.

Income
$387,929
Spending
$468,410
Spent on programs
99%
Reserves
Over 10 years of spending
Largest source of income
investment income, 66%
Employees
0
Volunteers
5

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 38% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 21% of income.

  • Income trend

    0 of 15

    Income fell 33% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 75 out of 100. Higher than 57% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (11)
  1. $150,084 spent. The North Central Texas College provides higher education and vocational learning opportunities to Graham, TX and the surrounding area. Funds were provided for classroom renovations.
  2. $100,000 spent. The North Central Texas College provides higher education and vocational learning opportunities to Graham, TX and the surrounding area. Funds were provided to support the LVN to RN program.
  3. $75,000 spent. Graham Friends of The Arc was established in 2024 with the goal to provide a centralized home for Intellectual and Development Disabilities (IDD) services for adults in and around Young County. The HERO House will be located at 611 South Street in Graham, Texas. The purpose of The HERO House is to integrate individuals with IDD within the community, teach independent living skills, provide training on skills for employment, and to create a support system for each member. Funds were provided for renovations on the new facility.
  4. $60,000 spent. The Old Post Office Museum & Art Center (OPOMAC) is located in a National Historic Building in the center of the downtown square in Graham, Texas. The Museum portion of the OPOMAC houses historical artifacts from throughout Young County and numerous photographs of Graham and the surrounding communities, dating back from the 1800's. The Art Center has numerous exhibits and art shows throughout the year showcasing exhibits from National Art Shows to Graham ISD Junior High Science Fair projects. Funds were provided to fund the Archivist Project.
  5. $25,000 spent. Graham Concert Association, Inc. promotes the cultural and artistic standards of the community by providing high quality family entertainment at affordable prices for approximately 400 persons per concert. Funds were provided for program support.
  6. $22,829 spent. The Graham Regional Medical Center is the leading healthcare provider in the region and serves the residents of Graham, Texas and the surrounding areas. It strives for advancement and improvements. Funds were provided to purchase new equipment for the Wellness Center.
  7. $15,000 spent. The Graham Activity Center was previously known as the Graham Senior Citizen Center is located at 825 Fairview Street in Graham, Texas. It is one of the most useful and beautiful facilities in Graham, Texas. The facility features a commercial kitchen, a large meeting room, and a small conference room that is available to rent for various types of meetings, events, and special occasions on weekdays after 6pm and anytime on weekends. Funds were provided for operating expenses.
  8. $8,890 spent. The Old Post Office Museum & Art Center (OPOMAC) is located in a National Historic Building in the center of the downtown square in Graham, Texas. The Museum portion of the OPOMAC houses historical artifacts from throughout Young County and numerous photographs of Graham and the surrounding communities, dating back from the 1800's. The Art Center has numerous exhibits and art shows throughout the year showcasing exhibits from National Art Shows to Graham ISD Junior High Science Fair projects. Funds were provided for a new curb around the facility's parking lot.
  9. $4,251 spent. The Graham Chamber of Commerce is the guardian of the local economy. The chamber works to promote business expansion, recruitment and retention. The chamber seeks to strengthen and grow the local business environment through a collaborative partnership with all levels of government, community organizations and business associations and by serving as a catalyst for improving the overall quality of life in our community. Funds were provided to purchase banner brackets for the downtown square.
  10. $4,200 spent. The City of Graham is home to roughly 9,000 residents. Funds were provided for a new mural and landscaping on the south side of the City Hall building.
  11. $350 spent. Young County is home to the Young County Veterans Memorial. The memorial is located in front of the Young County Courthouse. There are currently more than 5,400 names listed on the Veteran memorial of people serving from World War I to the Vietnam war. The New Century Veterans Memorial will stand next to the current memorial to honor current Young County veterans and those that will fight for freedom in the future. Funds were provided to add 5 more names to the memorial wall.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Omaha Community Foundation (Omaha, NE), EIN 47-0645958. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.