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Foundation Communities INC

Public charityFed auditsIRS 990990-T FY2023
Other · AUSTIN, TX · EIN 74-2563260

About

Creating housing where families succeed. Affordable housing with supportive social services to educate, support and improve the financial standing of the working poor and their communities.

Donations are tax-deductible
Category
Other
Employees
821
Volunteers
3,384

Financial Snapshot

FY ending 2024-12-31
Revenue
$50.0M
Expenses
$34.1M
Assets
$262.9M
Liabilities
$75.8M

Financial history

$50.0M$25.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $50.0M · Avg: $34.7M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$49K
Grants Given
$965K
FOUNDATION COMMUNITIES INC
Your actions

Address

3000 S IH-35 STE 300
Austin, TX, 78704-653

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.