Nonpartisan civic infrastructure
AllCiv·Legis1
·

WACO Foundation

Public charity990-T FY2023
Foundations · WACO, TX · EIN 74-6054628

About

The mission of WACO foundation is to promote solutions to community challenges, strengthen local nonprofits, engage philanthropists and manage charitable assets in order to improve quality of life in mclennan county.

Donations are tax-deductible
Category
Foundations
Employees
17
Volunteers
34

Financial Snapshot

FY ending 2024-03-31
Revenue
$8.6M
Expenses
$7.2M
Assets
$142.3M
Liabilities
$780K

Financial history

$26.5M$13.2M$0
1718192021222324
RevenueExpenses
Latest FY2024: $8.6M · Peak FY2022: $26.5M · Avg: $13.4M

Foreign activity (Schedule F)

Total spent abroad$7.1M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$769K
WACO FOUNDATION
Your actions

Address

1224 Austin AVE
WACO, TX, 76701-180

Governance

Voting board members12
Independent members12
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

Financial detail (Schedule D)

Board-designated %39.9%
Permanent endowment %20.3%
Endowment held by related orgNo
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.