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Nonprofit · EIN 75-2045832

COMMUNITY FOUNDATION OF ABILENE

Tax-exempt · ABILENE, TX 79604

Financials

$25M$20.2M2022$30.6M$21.4M2023$36.1M$31.3M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY FOUNDATION OF ABILENE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$36,088,689$31,320,481$4,768,208$219,779,026$31,686,096$188,092,930
June 30, 2024990$30,555,422$21,398,661$9,156,761$204,338,056$28,936,521$175,401,535
June 30, 2023990$25,026,374$20,220,880$4,805,494$185,385,204$26,667,582$158,717,622
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$25,469,460
Program service revenue
$0
Investment income
$8,307,284
Net gain from sales of assets
$900,172
Other revenue
$2,311,945

Expenses

Grants and similar amounts paid
$28,764,370
Compensation of officers, directors and key employees
$277,500
Other salaries and wages
$626,976
Salaries, compensation and benefits (total)
$1,063,476
Professional fundraising fees
$0
Accounting fees
$54,657
Occupancy
$53,779
Travel
$24,495
Depreciation
$106,832
Program services (functional)
$29,256,852
Management and general (functional)
$1,572,447
Fundraising (functional)
$491,182

Balance sheet and other

Total assets, start of year
$204,338,056
Total assets, end of year
$219,779,026
Total liabilities, end of year
$31,686,096
Net assets, end of year
$188,092,930
Land, buildings and equipment
$2,727,548
Publicly traded securities
$130,521,986
Net assets without donor restrictions
$33,488,935
Net assets with donor restrictions
$154,603,995
Gross unrelated business income
$585,478
Gross receipts
$114,027,916
Employees
13
Volunteers
249
Year formed
1985
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KATIE ALFORDPRESIDENT/CEO
Officer
40$262,500$14,700
RON BUTLERMEMBER
Trustee or director
1$0$0
JASON HALLMEMBER
Trustee or director
1$0$0
MELODY HUNTMEMBER
Trustee or director
1$0$0
DAVID MCQUEENMEMBER
Trustee or director
1$0$0
IAN NICKERSONMEMBER
Trustee or director
1$0$0
BRANDON OSBORNEMEMBER
Trustee or director
1$0$0
ALLISON PADONMEMBER
Trustee or director
1$0$0
SUE SCHACKMUTHMEMBER
Trustee or director
1$0$0
GUSTAVO VILLANUEVAMEMBER
Trustee or director
1$0$0
LIZ WAGSTAFFMEMBER
Trustee or director
1$0$0
SAM VINSONCHAIRMAN
Trustee or director, Officer
2$0$0
CAROLYN BECKHAMVICE CHAIRMAN
Trustee or director, Officer
1$0$0
KELLY CANNONSECRETARY
Trustee or director, Officer
1$0$0
GEOFF HANEYTREASURER
Trustee or director, Officer
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
LEE HAMPTONMEMBER-AT-LARGE
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
KATIE ALFORDPRESIDENT/CEO
Officer
40$250,500$14,130
KELLY CANNONMEMBER
Trustee or director
1$0$0
JASON HALLMEMBER
Trustee or director
1$0$0
GEOFF HANEYMEMBER
Trustee or director
1$0$0
MELODY HUNTMEMBER
Trustee or director
1$0$0
DAVID MCQUEENMEMBER
Trustee or director
1$0$0
CHRIS MONTOYAMEMBER
Trustee or director
1$0$0
BRANDON OSBORNEMEMBER
Trustee or director
1$0$0
SUE SCHACKMUTHMEMBER
Trustee or director
1$0$0
GUSTAVO VILLANUEVAMEMBER
Trustee or director
1$0$0
LIZ WAGSTAFFMEMBER
Trustee or director
1$0$0
IAN NICKERSONCHAIRMAN
Trustee or director, Officer
2$0$0
SAM VINSONVICE CHAIRMAN
Trustee or director, Officer
1$0$0
CAROLYN BECKHAMSECRETARY
Trustee or director, Officer
1$0$0
MINDY PATTERSONTREASURER
Trustee or director, Officer
1$0$0
LEE HAMPTONMEMBER-AT-LARGE
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
KATIE ALFORDPRESIDENT/CEO
Officer
40$236,500$13,530
KELLY CANNONMEMBER
Trustee or director
1$0$0
JASON HALLMEMBER
Trustee or director
1$0$0
GEOFF HANEYMEMBER
Trustee or director
1$0$0
MELODY HUNTMEMBER
Trustee or director
1$0$0
DAVID MCQUEENMEMBER
Trustee or director
1$0$0
CHRIS MONTOYAMEMBER
Trustee or director
1$0$0
BRANDON OSBORNEMEMBER
Trustee or director
1$0$0
SUE SCHACKMUTHMEMBER
Trustee or director
1$0$0
GUSTAVO VILLANUEVAMEMBER
Trustee or director
1$0$0
LIZ WAGSTAFFMEMBER
Trustee or director
1$0$0
IAN NICKERSONCHAIRMAN
Trustee or director, Officer
2$0$0
SAM VINSONVICE CHAIRMAN
Trustee or director, Officer
1$0$0
CAROLYN BECKHAMSECRETARY
Trustee or director, Officer
1$0$0
MINDY PATTERSONTREASURER
Trustee or director, Officer
1$0$0
LEE HAMPTONMEMBER-AT-LARGE
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 1001, ABILENE, TX 79604-1001
Principal officer (990 for 2024)
KATIE ALFORD, PO BOX 1001, ABILENE, TX 79604
Signed the 990
KATIE ALFORD, PRESIDENT/CEO
Phone
(325) 676-3883
Return prepared by
CONDLEY AND COMPANY LLP

Mission

TO EMPOWER PEOPLE TO MAKE A LASTING CHARITABLE IMPACT ON OUR COMMUNITY. WE CONNECT DONORS TO CAUSES THEY CARE ABOUT, MANAGE STRATEGIC INVESTMENTS TO PRESERVE OUR ENDOWMENTS, MAKE GRANTS THAT ALIGN WITH DONOR INTENT, RESPOND TO COMMUNITY NEEDS AND PROVIDE PHILANTHROPIC LEADERSHIP TO ENHANCE ABILENE'S FUTURE, TODAY.

990 for the year ended June 30, 2025

Program accomplishments

  • GRANTS TO VARIOUS QUALIFIED 501(C)(3) ORGANIZATIONS BASED UPON APPROVED GRANT APPLICATIONS OR UPON BOARD OF TRUSTEES ACTION. SEE ATTACHED SCHEDULE.
    Expenses $29,256,852 · grants $28,764,370

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
75-2045832
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
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$219,779,026
Income (IRS master file)
$114,027,916

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$36,088,689$31,320,481$219,779,026IRS
990-TJune 2025–––IRS
990June 2024$30,555,422$21,398,661$204,338,056XML
990-TJune 2024–––IRS
990June 2023$25,026,374$20,220,880$185,385,204XML
990-TJune 2023–––IRS
990June 2022$40,559,088$17,431,146$173,679,067IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 75-2045832).

Questions about COMMUNITY FOUNDATION OF ABILENE

What is the EIN of COMMUNITY FOUNDATION OF ABILENE?
The employer identification number (EIN) of COMMUNITY FOUNDATION OF ABILENE is 75-2045832.
Is COMMUNITY FOUNDATION OF ABILENE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to COMMUNITY FOUNDATION OF ABILENE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY FOUNDATION OF ABILENE 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 COMMUNITY FOUNDATION OF ABILENE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY FOUNDATION OF ABILENE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COMMUNITY FOUNDATION OF ABILENE?
The 990 for the year ended June 30, 2025 names KATIE ALFORD.
Who are the officers and directors of COMMUNITY FOUNDATION OF ABILENE?
The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $262,500 (KATIE ALFORD, PRESIDENT/CEO).
How much revenue does COMMUNITY FOUNDATION OF ABILENE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $36,088,689, expenses of $31,320,481 and total assets of $219,779,026 at year end.

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