Central Texas Community Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $9.7 million
- Spending
- $7.6 million
- Spent on programs
- 91%
- Reserves
- 15.7 months of spending
- Largest source of income
- donations and private grants, 78%
- Employees
- 6
- Volunteers
- 35
- Highest pay
- $141,500, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 79% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 15.7 months of spending.
Debt
20 of 20It owes 12% of what it owns.
Living within its means
15 of 15Income exceeded spending by 22% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2529 of 29 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (3)
- $6.9 million spent. GRANTMAKING - THE FOUNDATION MAKES GRANTS TO COMMUNITY NONPROFITORGANIZATIONS THROUGH THE VARIOUS ENDOWMENTS AND FUNDS THAT IT HOLDS.
- 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.
- NONPROFIT INCUBATOR - THE INCUBATOR PROGRAM ENHANCES THE REGION'S NONPROFIT LANDSCAPE BY ASSISTING SELECTED NONPROFIT ORGANIZATIONS BY PROVIDING OFFICE SPACE AND OTHER RESOURCES. THERE WAS NO ACTIVITY RELATED TO THIS ACTIVITY DURING THE 2024 CALENDAR YEAR.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 November 6, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 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.