Communities Foundation of Texas (CFT) invested $118 million in community grants in the 2019 fiscal year—the largest grantmaking year in its 66-year history.
The 11th annual North Texas Giving Day was one of CFT’s 2019 highlights, during which $50 million was raised for 3,000 nonprofits surpassing 2018’s record of $48 million, according to a statement. During the event, more than 100,000 donors made 169,000 donations and pledged 622,000 volunteer hours. CFT’s total assets at the end of the fiscal year were $1.1 billion, according to a statement.
CFT’s 2019 grantmaking by issue breaks down to:
- Education: 22 percent
- Religious Activities: 16 percent
- Health & Scientific Research: 15 percent
- Housing & Human Services: 14 percent
- Arts & Culture: 12 percent
- Other: 9 percent
- Community Improvement: 8 percent
- Youth & Recreation: 3 percent
CFT also announced Alfreda Norman as its latest board chair and Arcilia Acosta, Greg Campbell, and Rob Walters as new members of the foundation’s board of trustees, according to a statement. Trustees are chosen based on having a wide-ranging knowledge of community needs, a record of charitable service, a show of leadership, and fiscal responsibility.
“Alfreda, Arcilia, Greg and Rob will help us think differently as we consider how to positively influence the community we share and call home,” Dave Scullin, president and CEO of CFT, said in a statement. “We’re honored they answered the call to work side by side with us to serve many caring donors, committed nonprofits, charitably-minded businesses and civic leaders who collectively share our vision of building communities that thrive for all.”
The group also saluted Bobby Lyle who retired as a trustee after serving for 10 years. Current CFT trustees include Jim Bass, Richie Butler, Michael Dardick, Matrice Ellis-Kirk, José (Pepe) Guevara, Ken Hersh, Gunjan Jain, Chris Kleinert, Sarah Losinger, Tom Montgomery, Alfreda Norman, Connie O’Neill, The Honorable Florence Shapiro, Nicole Small, Stacy Smith, and Debra Brennan Tagg.
CFT trustees oversee the group’s assets across more than 1,000 charitable funds. It says it’s the largest community foundation in Texas and among the largest in the U.S. and also operates Educate Texas, a statewide education initiative. Since its 1953 founding, CFT has awarded more than $1.9 billion in grants.
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