2016-02-16T16:51:29-06:00 2015-06-30 420714325 RSM US LLP 531 COUCH DR OKLAHOMA CITY OK 731022251 990 2014-07-01 750964565 COMMUNITIES FOUNDATION OF TEXAS INC COMM 2147504222 5500 CARUTH HAVEN LANE DALLAS TX 75225 BRENT CHRISTOPHER PRESIDENT & CEO 2147504222 2016-02-16 true ELLAN WRIGHT P00112450 4052397961 2016-02-16 2014 2016-08-17 19:52:53Z BRENT CHRISTOPHER 5500 CARUTH HAVEN LANE DALLAS TX 75225 368638302 false X WWW.CFTEXAS.ORG X 1960 TX 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. 17 16 89 2355 786 98721836 105788784 0 30570578 55909853 4291356 4842689 133583770 166541326 90327063 107284573 0 7887184 8953416 0 2043649 8208545 9730317 106422792 125968306 27160978 40573020 589750064 593339196 65796484 72792481 523953580 520546715 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. false false 107410874 100515363 THE FOUNDATION ACHIEVED ITS PRIMARY PURPOSE THROUGH NUMEROUS CHARITABLE GRANTS AND THE PROVISION OF CHARITABLE SERVICES TO SUPPORT CHARITABLE NEEDS BOTH DOMESTICALLY AND ABROAD. SEE THE ATTACHED SCHEDULE F AND SCHEDULE I. 8972092 6769210 A LEADING CATALYST FOR PROGRESS, EDUCATE TEXAS, A PUBLIC-PRIVATE INITIATIVE OF COMMUNITIES FOUNDATION OF TEXAS, IS AN INNOVATIVE ALLIANCE OF PUBLIC AND PRIVATE GROUPS THAT SHARE A COMMON GOAL: IMPROVING THE PUBLIC HIGHER EDUCATION SYSTEM SO THAT EVERY TEXAS STUDENT IS PREPARED FOR SUCCESS IN SCHOOL, IN THE WORKFORCE, AND IN LIFE. 116382966 true true false true false true false false false true true false false false true true false true false false false true false false false false false true true true false false false false false false false false true false false false false true true true false false true 111 0 true 89 true true true false false false false true true false false false false X 17 16 false false false false false false false true true false false true true true true true true true true false X KRISTINE THOMAS 2147504222 5500 CARUTH HAVEN LANE DALLAS TX 75225 BRENT E CHRISTOPHER PRESIDENT & 40.00 X X 403540 0 29803 FRANK A RISCH CHAIRMAN 1.00 X 0 0 0 TERDEMA USSERY II CHAIR-ELECT 1.00 X 0 0 0 JACK KINNEBREW TRUSTEE 1.00 X 0 0 0 FRED HEGI TRUSTEE 1.00 X 0 0 0 BECKY BRIGHT TRUSTEE 1.00 X 0 0 0 HAROLD MONTGOMERY TRUSTEE 1.00 X 0 0 0 JUDITH GIBBS TRUSTEE 1.00 X 0 0 0 JOHN MCSTAY TRUSTEE 1.00 X 0 0 0 CARLOS GONZALEZ PENA TRUSTEE 1.00 X 0 0 0 KAREN SHUFORD TRUSTEE 1.00 X 0 0 0 BOBBY LYLE TRUSTEE 1.00 X 0 0 0 JAMES BASS TRUSTEE 1.00 X 0 0 0 FLORENCE SHAPIRO TRUSTEE 1.00 X 0 0 0 KENNETH HERSH TRUSTEE 1.00 X 0 0 0 CHRIS KLEINERT TRUSTEE 1.00 X 0 0 0 NICOLE SMALL TRUSTEE 1.00 X 0 0 0 ELIZABETH BULL SVP & CFO/TR 40.00 X 289515 0 31861 SUSAN SWAN SMITH CHIEF RELATI 40.00 X 236500 0 32496 BRIAN E DOYLE VP, INVESTME 40.00 X 207772 0 14458 SARAH NELSON CHIEF PHILAN 40.00 X 197357 0 25015 KRISTINE M THOMAS VP, ACCOUNTI 40.00 X 171542 0 29205 JEVERLY R COOK JR EXEC DIR - W 40.00 X 157000 0 13450 JOHN J FITZPATRICK EDUCATE TX-E 40.00 X 232500 0 30731 GEORGE TANG EDUCATE TX - 40.00 X 206880 0 28481 JOHN C COXON EDUCATE TX - 40.00 X 197507 0 30458 AMY GROFF EDUCATE TX - 40.00 X 168534 0 24286 GERALDINE JACOBS DIR. CHARITA 40.00 X 156476 0 18876 ALMA GARCIA EDUCATE TX - 40.00 X 150104 0 25620 CAROL GOGLIA DIR. MKTG. & 40.00 X 148463 0 27503 REO D PRUIETT EDUCATE TX - 40.00 X 135790 0 16116 3059480 378359 20 false true false OWENS HOPPER BRAND DESIGN LLC 5646 MILTON ST SUITE 950 DALLAS TX 75206 MARKETING 206452 JOBS FOR THE FUTURE 88 BROAD STREET 8TH FLOOR BOSTON MA 021103407 CONSULTING 135700 ARTIS CONSULTING LP 2400 LAKESIDE DR SUITE 600 RICHARDSON TX 75082 CONSULTING 121313 3 948000 104840784 15918764 105788784 6598114 6598114 120584 120584 172216 110882 61334 61334 61334 251297833 201986094 49311739 49311739 49311739 OTHER REVENUE - UR 900099 3029543 3029543 SUPPORT FOUNDATION FEE 900099 1595217 1595217 SPONSORSHIPS 900099 34050 34050 1961 1175 786 4660771 166541326 4687269 786 56064487 105712457 105712457 1172116 1172116 400000 400000 2250971 615362 1333109 302500 4615398 2626609 1219246 769543 834936 140747 681480 12709 784185 289470 298006 196709 467926 190140 264533 13253 127392 127392 120242 10449 109793 42000 9000 33000 220147 220147 2686158 2596373 89785 268337 13906 18899 235532 301482 127715 172954 813 967204 101215 819454 46535 616687 84828 531691 168 429775 341537 70178 18060 878999 563455 60009 255535 1144124 11362 1132286 476 112854 112854 AGENCY FUND EXPENSES 1099157 1099157 OTHER EXPENSES 715759 277068 246875 191816 125968306 116382966 7541691 2043649 8262570 8209583 81849415 25862295 3813518 3757261 1610989 1111350 218948 175963 39267485 10731331 25443434 28536154 457793359 512828031 4202119 3812110 6555712 9046449 589750064 593339196 587686 292908 25304412 30616697 39904386 41882876 65796484 72792481 X 374225263 368827013 145072128 147063513 4656189 4656189 523953580 520546715 589750064 593339196 40573020 -44407194 -24688 451997 X false true X true true true X 62373511 73066474 77378326 98721836 105788784 417328931 62373511 73066474 77378326 98721836 105788784 417328931 38502877 378826054 8650475 5206884 4943793 6245705 6718698 31765555 3072621 3145408 6312076 4227930 34050 16792085 465886571 4798151 0.81310 0.75270 X PART II, LINE 10 16,758,035 SUPPLEMENTAL INFORMATION SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: OTHER INCOME FEE INCOME SUPPORT FOUNDATION FEE EQUITY IN SUBS INCREASE IN LIFE INSURANCE POLICY SECURITY LENDING INCOME SPLIT INTEREST SPONSORSHIP INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 42000 false false 42000 false 574 349 47633000 50345000 53584000 58463000 319918000 273227000 true true 162248000 5230000 706000 2327000 5188000 160669000 145123000 2453000 21842000 2395000 4775000 162248000 128681000 3740000 17213000 2463000 2048000 145123000 125368000 2446000 833000 2284000 2250000 128681000 105736000 2892000 22732000 3287000 2705000 125368000 0.14680 0.02900 0.82420 false false 13214333 13214333 22048869 6959985 15088884 4004283 3771346 232937 28536154 FUNDS HELD FOR OTHERS 33982170 OTHER LIABILITIES 3609786 LIABILITIES ASSOCIATED WITH CRTS 3023500 GIFT ANNUITY 603859 DEFERRED REVENUE - CRTS 358038 SECURITY TRADE PAYABLE 305523 41882876 X SCHEDULE D, PAGE 3, PART X MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS ENDING PRIOR TO JUNE 30, 2011. UK UNIVERSITY RESEARCH 400000 false false false false false false true SEE SCHEDULE I ATTACHMENT 105712457 EARTHQUAKE 1 1139 UNFORESEEN EVENTS 45 36898 FUNERAL ASSISTANCE 17 59195 MEDICAL/DENTAL/HOSPITAL 68 55362 STUDENT SCHOLARSHIPS 341 588381 TEXTBOOK SCHOLARSHIPS 13 7769 ASSISTANCE - SHELTER 100 200783 TORNADO 1 2500 ASSISTANCE - UTILITIES 72 15092 PERSONAL ASSIST. - FIRE 46 176500 ASSISTANCE - TRANSPORT 8 4997 FLOOD DAMAGE ASSISTANCE 5 23500 SCHEDULE I, PAGE 1, PART I, LINE 2 CFT MONITORS THE USE OF GRANT FUNDS THROUGH VARIOUS GRANTEE REPORTING REQUIREMENTS DEPENDING UPON THE SIZE AND SOURCE OF THE GRANT. THE FOUNDATION'S DISCRETIONARY GRANTS REQUIRE THAT RECIPIENT ORGANIZATIONS SUBMIT WRITTEN REPORTS ANNUALLY DURING THE TERM OF THE GRANT. FOUNDATION STAFF ALSO REGULARLY CONDUCT FOLLOW-UP MEETINGS AND SITE VISITS WITH THE GRANTEES TO ENSURE THAT FUNDS HAVE BEEN PROPERLY USED AND THAT ANTICIPATED OUTCOMES HAVE BEEN ACHIEVED. GRANTS FROM THE FOUNDATION'S SUPPORTING ORGANIZATIONS REQUIRE MORE FREQUENT REPORTING BY GRANTEES, AS WELL AS FREQUENT SITE VISITS AND MEETINGS WITH FOUNDATION STAFF, WHICH ALLOW FOR MONITORING THE USE OF GRANT FUNDS AND ASSURANCE THAT SUFFICIENT PROGRESS TOWARD THE GRANT OBJECTIVES HAS BEEN MADE. MONITORING AND REPORTING REQUIREMENTS FOR GRANTS FROM THE FOUNDATION'S DONOR-ADVISED FUNDS VARY DEPENDING ON THE SIZE OF THE GRANT AND ITS INTENT. STAFF COMMUNICATES REGULARLY WITH ORGANIZATIONS THAT ARE FREQUENT RECIPIENTS OF DONOR-ADVISED GRANTS, AS WELL AS WITH ORGANIZATIONS THAT ARE NOT WELL-KNOWN TO THE FOUNDATION TO KEEP CURRENT ON THEIR PROGRAMS AND SERVICES. X X true true X X X X X false false false false false false false true false BRENT E CHRISTOPHER PRESIDENT & CEO 324000 79000 540 19150 10653 433343 ELIZABETH BULL SVP & CFO/TREASURER 262000 26500 1015 20761 11100 321376 SUSAN SWAN SMITH CHIEF RELATIONSHIPS 215000 21500 17840 14656 268996 BRIAN E DOYLE VP, INVESTMENTS 207000 300 472 14458 222230 SARAH NELSON CHIEF PHILANTHROPY O 180000 16500 857 14361 10654 222372 KRISTINE M THOMAS VP, ACCOUNTING 170000 500 1042 13412 15793 200747 JEVERLY R COOK JR EXEC DIR - WW CARUTH 157000 10632 2818 170450 JOHN J FITZPATRICK EDUCATE TX-EXEC DIR 232000 500 18125 12606 263231 GEORGE TANG EDUCATE TX - COO 206000 500 380 12656 15825 235361 JOHN C COXON EDUCATE TX - CPO 190257 7250 15633 14825 227965 AMY GROFF EDUCATE TX - FINANCE 158209 10000 325 13221 11065 192820 GERALDINE JACOBS DIR. CHARITABLE GIFT 155256 500 720 12516 6360 175352 ALMA GARCIA EDUCATE TX - PROGRAM 148464 500 1140 9795 15825 175724 CAROL GOGLIA DIR. MKTG. & COMM. 147000 500 963 11679 15824 175966 REO D PRUIETT EDUCATE TX - PROGRAM 135290 500 9756 6360 151906 SCHEDULE J, PAGE 1, PART I, LINE 7 AS PART OF THE ANNUAL PERFORMANCE EVALUATIONS, A BONUS PAYMENT MIGHT BE PAID TO ELIGIBLE EMPLOYEES. FOR OFFICERS, KEY EMPLOYEES, AND ALL OTHER STAFF, THESE PAYMENTS ARE DETERMINED BY THE PERSIDENT AND CEO AND REVIEWED BY THE BOARD. THE BONUS PAYMENT PAID TO THE PRESIDENT AND CEO IS DETERMINED BY THE BOARD OF TRUSTEES IN EXECUTIVE SESSION WHEN THE BOARD DETERMINES HIS COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THE FOUNDATION ALSO PAYS A NOMINAL, ANNUAL HOLIDAY BONUS TO ALL EMPLOYEES BASED ON TENURE. THESE PAYMENTS ARE NOT MATERIAL TO THE OVERALL COMPENSATION PACKAGES. X 128 15918764 FAIR MARKET VALUE false true false FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING, THE STAFF OF THE FOUNDATION REVIEWS THE 990 WITH THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE 990 IS THEN POSTED AND MADE AVAILABLE FOR THE ENTIRE BOARD ON THE FOUNDATION'S INTERNAL WEBSITE. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND SENIOR STAFF MUST REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE ON AN ANNUAL BASIS. BEFORE PHILANTHROPY COMMITTEE MEETINGS TO APPROVE DISCRETIONARY GRANTS, THE FOUNDATION STAFF PROVIDES EACH COMMITTEE MEMBER A DISCLOSURE FORM LISTING ALL OF THE ORGANIZATIONS THAT ARE BEING CONSIDERED FOR GRANTS AT THAT MEETING. THE COMMITTEE MEMBERS ARE INSTRUCTED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST INCLUDING INVOLVEMENT AS A BOARD MEMBER OR ADVISORY MEMBER, FAMILY INVOLVEMENT, OR OTHER INVOLVEMENTS WITH THE LISTED ORGANIZATIONS. THE STAFF OR BOARD MEMBER WHO HAS A CONFLICT WILL BE EXCLUDED FROM PARTICIPATING IN DELIBERATIONS AND DISCUSSIONS CONCERNING THESE ORGANIZATIONS. THE FOUNDATION KEEPS COPIES OF COMMITTEE MEMBERS' RESPONSES ON FILE. FORM 990, PAGE 6, PART VI, LINE 15A COMMUNITIES FOUNDATION OF TEXAS'S PRESIDENT AND CEO IS THE TOP MANAGEMENT OFFICIAL OF THE ORGANIZATION AND HIS COMPENSATION PACKAGE IS REVIEWED AND DECIDED UPON ANNUALLY BY THE BOARD OF DIRECTORS. INFORMATION IS GATHERED BY THE HR DIRECTOR VIA SURVEYS OF SIMILAR ORGANIZATIONS WITH COMPARABLE ASSET SIZE AND REGIONAL LOCATION. IN ADDITION, CEO COMPENSATION DATA IS GATHERED FROM THE 990S OF COMPARABLE COMMUNITY FOUNDATIONS. THIS INFORMATION IS REVIEWED BY AN INDEPENDENT EXTERNAL CONSULTANT WHO ANALYZES THE COMPENSATION IN RELATION TO THE MARKET. IN ADDITION, THE PRESIDENT AND CEO COMPLETES A SUMMARY OF HIS PERFORMANCE OVER THE PRIOR YEAR. THE RESULTS OF THESE ACTIVITIES ARE GIVEN TO THE EXECUTIVE COMMITTEE OF THE BOARD, WHICH ACTS AS A COMPENSATION COMMITTEE. THE CHAIRMAN CONVENES AN EXECUTIVE SESSION OF THE BOARD OF TRUSTEES, AND COPIES OF THE ANALYSIS COMPILED BY THE STAFF AND THE INDEPENDENT CONSULTANT, AS WELL AS THE PERFORMANCE SUMMARY PROVIDED BY THE PRESIDENT AND CEO, ARE DISTRIBUTED. AFTER REVIEW AND DISCUSSION, THE BOARD DETERMINES THE PREIDENT AND CEO'S COMPENSATION FOR THE FOLLOWING FISCAL YEAR. FORM 990, PAGE 6, PART VI, LINE 15B OFFICERS, KEY EMPLOYEES AND ALL OTHER STAFF RECEIVE ANNUAL PERFORMANCE EVALUATIONS FROM THEIR IMMEDIATE SUPERVISOR USING THE BUDGETARY GUIDELINES APPROVED BY THE BOARD OF TRUSTEES. SALARY ADJUSTMENTS AND BONUS PAYMENTS, IF ANY, ARE APPROVED BY THE PRESIDENT AND CEO OF THE ORGANIZATION BASED ON THESE EVALUATIONS. EXTERNAL SALARY SURVEYS ARE ALSO UTILIZED IN THIS PROCESS TO ASSIST IN DETERMINING ANY ADJUSTMENTS THAT MIGHT NEED TO BE MADE BASED ON CURRENT MARKET TRENDS. FORM 990, PAGE 6, PART VI, LINE 19 THE ANNUAL AUDITED FINANCIALS STATEMENTS ARE AVAILABLE THROUGH OUR WEBSITE. WE DO NOT MAKE AVAILABLE OUR GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF CRTS 258,931 FAS 136 - AGENCY GRANTS & EXPENSES 24,679,269 CHANGE IN VALUE OF CGAS -199,168 FAS 136 - AGENCY CONTRIBUTIONS & INCOME -24,287,035 WW CARUTH JR FOUNDATION 5500 CARUTH HAVEN LANE DALLAS TX 75225 237436194 SUPPORTING TX 501C3 11B N/A false CFTR-11 5500 CARUTH HAVEN LANE DALLAS TX 75225 752924214 HLDS TITLE TX 501C2 NA false DALLAS COMMUNITY CHEST TR FUND INC 5500 CARUTH HAVEN LANE DALLAS TX 75225 PROMOTE TX 501C3 8 N/A false THE RUTH FOUNDATION 1900 N AKARD STREET DALLAS TX 75201 752254284 SUPPORTING TX 501C3 11A NA false ROBERT & NANCY DEDMAN FOUNDATION 5956 SHERRY LANE SUITE 1800 DALLAS TX 75225 752832419 SUPPORTING TX 501C3 11D NA false NANCY ANN & RAY L HUNT FOUNDATION 1900 N AKARD STREET DALLAS TX 75201 751726227 SUPPORTING TX 501C3 11A NA false CLIMAX TIMBER COMPANY 5500 CARUTH HAVEN LANE DALLAS TX 75225 756012148 INACTIVE TX COMMUNITIE S FOUNDATION OF TEXAS INC C CORP false MCHARITIES 5500 CARUTH HAVEN LANE DALLAS TX 75225 752233217 REAL ESTAT TX COMMUNITIE S FOUNDATION OF TEXAS INC C CORP false false false true false false false false false false false false false false true false true false false false WW CARUTH JR FOUNDATION C 7628000 FAIR MARKET VALUE ROBERT & NANCY DEDMAN FOUNDATION C 450000 FAIR MARKET VALUE THE RUTH FOUNDATION C 5000 FAIR MARKET VALUE