Skip to main content

Nonprofit · EIN 74-2786718

CHISHOLM TRAIL COMMUNITIES FOUNDATION

Tax-exempt · GEORGETOWN, TX 78626

Financials

$3.2M$3M2023$3.3M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of CHISHOLM TRAIL COMMUNITIES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,302,146$2,702,334$599,812$34,264,170$624,851$33,639,319
December 31, 2023990$3,151,660$2,963,469$188,191$32,917,452$954,586$31,962,866
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,595,997
Program service revenue
$241,181
Investment income
$1,464,968
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,240,134
Compensation of officers, directors and key employees
$30,000
Other salaries and wages
$120,590
Salaries, compensation and benefits (total)
$161,967
Professional fundraising fees
$0
Depreciation
$1,210
Program services (functional)
$2,522,114
Management and general (functional)
$180,220

Balance sheet and other

Total assets, start of year
$32,917,452
Total assets, end of year
$34,264,170
Total liabilities, end of year
$624,851
Net assets, end of year
$33,639,319
Land, buildings and equipment
$389
Publicly traded securities
$33,296,224
Net assets without donor restrictions
$1,496,863
Net assets with donor restrictions
$32,142,456
Gross receipts
$3,302,146
Employees
5
Volunteers
14
Year formed
1998
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TOM FARAGHERMANAGING DIRECTOR
Trustee or director, Officer
15$30,000
ERIC COOPERDIRECTOR
Trustee or director
2$0
ANDREA DENTONDIRECTOR
Trustee or director
2$0
JOSEPH GREERDIRECTOR
Trustee or director
2$0
MIKE WEIRDIRECTOR
Trustee or director
15$0
CONNIE CLARKCHAIR
Trustee or director, Officer
2$0
BOB VILLARREALDIRECTOR
Trustee or director
2$0
CHRIS PRICETREASURER/SECRETARY
Trustee or director, Officer
2$0
STEPHEN BENOLDDIRECTOR
Trustee or director, Officer
2$0
GLYNN CASTRODIRECTOR
Trustee or director
2$0
JOHN CONNERDIRECTOR
Trustee or director
2$0
MARY HAUGHTDIRECTOR
Trustee or director
2$0
CUAN MCCOMBDIRECTOR
Trustee or director
2$0
CAYCE RIGGENDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
ERIC COOPERDIRECTOR
Trustee or director
2$0
ANDREA DENTONDIRECTOR
Trustee or director
2$0
JOSEPH GREERDIRECTOR
Trustee or director
2$0
TOM FARAGHERMANAGING DIRECTOR
Trustee or director, Officer
2$0
MIKE WEIRDIRECTOR
Trustee or director
15$0
CONNIE CLARKCHAIR
Trustee or director, Officer
2$0
BOB VILLARREALDIRECTOR
Trustee or director
2$0
CHRIS PRICETREASURER/SECRETARY
Trustee or director, Officer
2$0
KATIE RINEHARTDIRECTOR
Trustee or director
2$0
STEPHEN BENOLDPAST CHAIR
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
116 W 8TH ST STE 203 # 204, GEORGETOWN, TX 78626-5847
Principal officer (990 for 2024)
CHRIS PRICE, 116 W 8TH STREET, GEORGETOWN, TX 78626
Signed the 990
CHRIS PRICE, BOARD CHAIR
Phone
(512) 863-4186
Return prepared by
MAESE FULMER CPAS PLLC

Mission

THE MISSION OF GEORGETOWN AREA COMMUNITY FOUNDATION (GACF) IS TO BRIDGE DONORS TO NONPROFITS WITH EFFECTIVE SOLUTIONS TO MEET REAL COMMUNITY NEEDS.

990 for the year ended December 31, 2024

Program accomplishments

  • SNEAD INSTITUTE IS A DESIGNATED FUND HELPING LOCAL AS WELL AS GLOBAL CAUSES, THROUGH SCHOLARSHIP PROGRAMS, AFTER-SCHOOL LANGUAGE PROGRAMS, AND CHARITABLE GIVING.
    Expenses $145,536 · grants $139,540 · revenue $11,500
  • SPORT CLIPS PHILANTHROPIC FUND IS A DONOR ADVISED FUND THAT MAKES GRANTS TO VARIOUS ORGANIZATIONS FOR THE PURPOSE OF PROMOTING GENERAL WELFARE.
    Expenses $495,865 · grants $494,187 · revenue $650,000
  • THE GAREY PARK A FUND IS A DONOR ADVISED FUND WHERE FUNDS ARE DISTRIBUTED FOR CAPITAL IMPROVEMENTS OF GAREY PARK, GEORGETOWN, TX.
    Expenses $1,143,753 · grants $989,140 · revenue $111,727
  • OTHER PROGRAMS THAT SUPPORT A VARIETY OF NEEDS PROVIDING SERVICES AND GRANTS.
    Expenses $736,960 · grants $617,267 · revenue $822,770

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2786718
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,264,170
Income (IRS master file)
$3,302,146

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$3,151,660$2,963,469$32,917,452IRS
990December 2022$23,091,313$2,093,144$31,508,515IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CHISHOLM TRAIL COMMUNITIES FOUNDATION

What is the EIN of CHISHOLM TRAIL COMMUNITIES FOUNDATION?
The employer identification number (EIN) of CHISHOLM TRAIL COMMUNITIES FOUNDATION is 74-2786718.
Is CHISHOLM TRAIL COMMUNITIES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to CHISHOLM TRAIL COMMUNITIES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHISHOLM TRAIL COMMUNITIES FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHISHOLM TRAIL COMMUNITIES FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHISHOLM TRAIL COMMUNITIES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHISHOLM TRAIL COMMUNITIES FOUNDATION?
The 990 for the year ended December 31, 2024 names CHRIS PRICE.
Who are the officers and directors of CHISHOLM TRAIL COMMUNITIES FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $30,000 (TOM FARAGHER, MANAGING DIRECTOR).
How much revenue does CHISHOLM TRAIL COMMUNITIES FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,302,146, expenses of $2,702,334 and total assets of $34,264,170 at year end.

Other nonprofits in GEORGETOWN

All nonprofits in GEORGETOWN · Texas · Philanthropy, voluntarism and grantmaking foundations