Community Foundation Of Brazoria County Texas
- Assets
- $2.6m
- Revenue
- $670.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Angleton, TX
- Founding
- 06/1994
- Data as of
- 06/2021
- EIN
- 76-0427068
Organization Overview
Community Foundation Of Brazoria County Texas is located in Angleton, TX. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Community Foundation Of Brazoria County Texas employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Brazoria County Texas 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 06/2021, Community Foundation Of Brazoria County Texas generated $670.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $663.6k during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Community Foundation Of Brazoria County Texas has awarded 162 individual grants totaling $2,111,206. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHARITABLE PURPOSE OF THE COMMUNITY FOUNDATION OF BRAZORIA COUNTY (CFBC) IS TO BUILD PERMANENT FUNDS FOR THE BENEFIT OF THE COMMUNITY, TO RESPOND TO CHANGE NEEDS THROUGH EFFECTIVE GRANTMAKING AND TO ENCOURAGE PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITABLE PURPOSE OF THE CFBC IS TO BUILD PERMANENT FUNDS FOR THE BENEFIT OF THE COMMUNITY, TO RESPOND TO CHANGING NEEDS THROUGH EFFECTIVE GRANTMAKING AND TO ENCOURAGE PHILANTHROPY. THROUGH OUR CFBC PROJECTS "GOOD FOUNDATIONX AND WOMEN BUILDING COMMUNITY APPROXIMATELY 6000 PEOPLE BENEFITTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Val Walleck President | Officer | 2 | $0 |
Barbara Fratila Chairman | Officer | 2 | $0 |
Vicki Melass VP Development | Officer | 2 | $0 |
Jackie King Secretary | Officer | 2 | $0 |
Ravi Singhania Director | Trustee | 1 | $0 |
Anna Turner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $633,502 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $633,502 |
| Total Program Service Revenue | $0 |
| Investment income | $36,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $669,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $597,647 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,988 |
| Fees for services: Other | $106 |
| Advertising and promotion | $0 |
| Office expenses | $9,044 |
| Information technology | $822 |
| Royalties | $0 |
| Occupancy | $4,550 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,607 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $204 |
| Insurance | $1,605 |
| All other expenses | $1,005 |
| Total functional expenses | $663,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,576 |
| Savings and temporary cash investments | $190,634 |
| Pledges and grants receivable | $9,706 |
| Accounts receivable, net | $1,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $612 |
| Investments—publicly traded securities | $2,119,806 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $174,133 |
| Total assets | $2,637,967 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $215,016 |
| Net assets with donor restrictions | $2,422,951 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,637,967 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Brazoria County Texas has awarded $460,274 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Richwood, TX PURPOSE: Education | $58,100 |
Lexington, KY PURPOSE: Human Services | $28,075 |
Clute, TX PURPOSE: Educational | $26,237 |
Freeport, TX | | $23,450 |
Lake Jackson, TX PURPOSE: Education | $23,000 |
Clute, TX PURPOSE: Health & Human Services | $22,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Foundation Of Brazoria County Texas has recieved totaling $35,581.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Brazoria County Texas Angleton, TX PURPOSE: Conservation | $23,349 |
Community Foundation Of Brazoria County Texas Angleton, TX PURPOSE: Education | $12,232 |
Endowment Analysis
| Beg. Balance | $1,947,787 |
| Earnings | -$79,176 |
| Admin Expense | $26,385 |
| Net Contributions | $61,828 |
| Grants | $50,250 |
| Ending Balance | $1,853,804 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX | $387,395,879 | $137,312,103 |
Austin Community Foundation Austin, TX | $433,764,301 | $88,798,773 |
San Antonio Area Foundation San Antonio, TX | $587,345,748 | $192,937,536 |
The Greater New Orleans Foundation New Orleans, LA | $406,748,750 | $50,799,913 |
Arkansas Community Foundation Inc Little Rock, AR | $560,797,819 | $112,679,416 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of North Texas Fort Worth, TX | $520,525,998 | $72,575,782 |
Baton Rouge Area Foundation Baton Rouge, LA | $293,247,071 | $35,030,558 |
Astros Golf Foundation Houston, TX | $9,630,590 | $24,941,045 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |