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Filing year 2023

COMMUNITIES FOUNDATION OF TEXAS INC

Dallas, Texas·EIN 75-0964565·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$249.3M
Total assets
$1B
Total expenses
$211.4M
Reported officers
42
Mission

THE FOUNDATION IS COMMITTED TO SERVING CHARITABLE NEEDS BOTH DOMESTICALLY AND ABROAD THROUGH CHARITABLE GRANTS AND SERVICES AT THE DISCRETION OF THE BOARD OF TRUSTEES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Sr. VP & CFO & Treasurer
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Texas
$426k
$461k
Base
$324k
Bonus
$42k
Other
$689
Benefits
$11k
Executive Director - Educate Texas
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Texas
$416k
$450k
Base
$331k
Bonus
$43k
Other
$12
Benefits
$16k
Chief Giving & Cmty Impact Off. (thru 11/3/23)
Officer (Unspecified)
$331k
$357k
Base
$275k
Bonus
$39k
Other
$355
Benefits
$7k
Kaleidoscope Park Fdn (thru 1/30/24)
Highest Compensated Employee
Above 90th percentile
$310k
$335k
Base
$251k
Bonus
$25k
Other
$5
Benefits
$12k
Chief Human Resources Officer
Officer (Unspecified)
$307k
$331k
Base
$231k
Bonus
$36k
Other
$1k
Benefits
$16k
Chief Information Officer
75th to 90th percentile
$298k
$322k
Base
$232k
Bonus
$30k
Other
$5
Benefits
$16k
Chief Marketing Officer
Officer (Unspecified)
$293k
$317k
Base
$234k
Bonus
$22k
Other
$1k
Benefits
$16k
Mging Dir of Programs - Edtx
Highest Compensated Employee
Above 90th percentile
$288k
$311k
Base
$240k
Bonus
$11k
Other
$318
Benefits
$16k
Chief Investments Officer
Officer (Unspecified)
$286k
$309k
Base
$245k
Bonus
$3k
Other
$1k
Benefits
$16k
Programs and Engagement Officer
Program Officer
Above 90th percentilevs all sectors nationwide
$276k
$298k
Base
$206k
Bonus
$27k
Other
$12
Benefits
$1k
Managing Dir., Edtx (thru 8/11/23)
Key Employee
75th to 90th percentile
$264k
$285k
Base
$244k
Bonus
Other
$2k
Benefits
$11k
President & CEO
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Texas
$257k
$277k
Base
$197k
Bonus
$25k
Other
$26k
Benefits
$3k
Counsel and Corporate Secretary
Secretary (Operational)
Above 90th percentile
$245k
$265k
Base
$198k
Bonus
$17k
Other
$1k
Benefits
$12k
Dir of Finance, Edtx (thru 6/4/24)
Highest Compensated Employee
75th to 90th percentile
$244k
$263k
Base
$201k
Bonus
$24k
Other
$5
Benefits
$637
Philanthropy Officer (thru 1/19/24)
Officer (Unspecified)
$235k
$254k
Base
$194k
Bonus
$7k
Other
$2k
Benefits
$16k
VP Finance
Vice President
75th to 90th percentile
$234k
$253k
Base
$198k
Bonus
$8k
Other
$1k
Benefits
$10k
Sr. Dir., Policy and Advocacy, Edtx
Highest Compensated Employee
75th to 90th percentile
$226k
$244k
Base
$189k
Bonus
$10k
Other
$4
Benefits
$11k
Chief Accounting Officer
Officer (Unspecified)
$218k
$235k
Base
$171k
Bonus
$15k
Other
$1k
Benefits
$16k
President & CEO (former, Thru 3/3/23)
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Texas
$119k
$128k
Base
$106k
Bonus
Other
Benefits
$3k
Chief Relationships Officer
Officer (Unspecified)
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at COMMUNITIES FOUNDATION OF TEXAS INC equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 31%
from 2022

From $615k in 2022 to $426k in 2023.

$615k
2022
$426k
2023
In today's dollarsEst.
Down 34% in real terms$699k to $461k

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 19% from 2022 to 2023, while revenue rose 28%.

$357k in 2022 to $426k in 2023.
  • Chief Executive Officer pay fell 32% from 2022 to 2023.
  • Highest Compensated Employee pay rose 12% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about COMMUNITIES FOUNDATION OF TEXAS INC

What does the Chief Financial Officer of COMMUNITIES FOUNDATION OF TEXAS INC earn?

In 2023, the Chief Financial Officer of COMMUNITIES FOUNDATION OF TEXAS INC received $426,290 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at COMMUNITIES FOUNDATION OF TEXAS INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2023 pay of the Chief Financial Officer at COMMUNITIES FOUNDATION OF TEXAS INC falls in the top 10%. In 2023, the highest total compensation at COMMUNITIES FOUNDATION OF TEXAS INC equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are COMMUNITIES FOUNDATION OF TEXAS INC's revenue and expenses?

In 2023, COMMUNITIES FOUNDATION OF TEXAS INC reported $249.3M in total revenue and $211.4M in total expenses on its IRS Form 990.

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