Central Texas Foundation Inc

Organization Overview

Central Texas Foundation Inc is located in Brownwood, TX. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Texas Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Central Texas Foundation Inc generated $292.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $214.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Central Texas Foundation Inc has awarded 150 individual grants totaling $1,340,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $15
Dividends & Interest $154,118
Net Rental Income$0
Net Gain on Sale of Assets $57,237
Capital Gain Net Income $57,237
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $81,292
Total Revenue $292,662

Grants Awarded

Over the last fiscal year, Central Texas Foundation Inc has awarded $196,500 in support to 18 organizations.

Grant RecipientAmount

GOOD SAMARITAN MINISTRIES

PURPOSE: FOOD FOR VARIOUS HUNGER MINISTRIES PROGRAMS

$35,000

ALDERSGATE ENRICHMENT CENTER

Org PageRecipient Profile

Brownwood, TX

PURPOSE: TO HELP FUND FREE HOT LUNCHES FOR ALL ADULT ASSOCIATES WHO ARE MILD TO MODERATELY MENTALLY AND PHYSICALLY CHALLENGED IN GROUP HOME FACILITY

$30,000

SALVATION ARMY

PURPOSE: TO SUPPLEMENT FUNDING FOR FOOD FOR ON-SITE FEEDING PROGRAM

$20,000

HOWARD PAYNE UNIV-BLDG PROJECT

PURPOSE: FUNDING FOR RENOVATION PROJECT AT THE DOUGLAS MACARTHUR ACADEMY OF FREEDOM

$15,000

RANGER COLLEGE-NURSES PROGRAM

PURPOSE: FUND NURSING FACULTY MEMBER TO FACILITATE VIRTUAL LEARNING LAB FOR NURSING PROGRAM

$15,000

AMERICAN RED CROSS BIG COUNTRY CHAP

PURPOSE: AID FOR SINGLE AND MULTI-UNIT FAMILY DISASTER VICTIMS IN BROWN COUNTY AND ADJACENT COUNTIES

$15,000
View Grant Profile

Peer Organizations

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