Organizations Filed Purposes:
THIS TRUST WAS CREATED EXCLUSIVELY FOR THE COMMUNITIES FOUNDATION OF TEXAS (CFT), ITS SUPPORTED ORGANIZATION. CFT'S BOARD OF TRUSTEES DIRECTS FUNDING RECEIVED BY THE TRUST TO SUPPORT NONPROFITS IN THE FIELDS OF EDUCATION, PUBLIC SAFETY AND SCIENTIFIC AND MEDICAL RESEARCH TO WORK TOWARD SOLVING COMPLEX COMMUNITY ISSUES IN THESE AREAS.
THE FOUNDATION ACHIEVES ITS MISSION BY MAKING GRANTS TO THE SUPPORTED ORGANIZATION, COMMUNITIES FOUNDATION OF TEXAS, WHICH DIRECTS FUNDS RECEIVED BY THE FOUNDATION TO QUALIFIED SCIENTIFIC AND MEDICAL RESEARCH, EDUCATION AND PUBLIC SAFETY. PROFESSIONAL SERVICES FEES ARE PAID TO CFT FOR ADMINISTRATIVE AND GRANT-MAKING ACTIVITIES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
Name | Title | Hours Per Week | Total Salary |
Communities Foundation Of Texas | TRUSTEE | 35 | $2,943,080 |
Bank Of America | FORMER FISCAL TRUSTEE | 0 | $393,293 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003569349301100_public.xml