Liabilities / Assets
9th percentile
Higher debt load relative to assets than 9% of similar nonprofits.
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
15th percentile
Higher debt load relative to revenue than 15% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
14th percentile
Higher top officer pay than 14% of similar nonprofits.
Top officer pay equals 1.9% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Balance Sheet
Assets
Flat$127,546,392
Flat from 2023
Net Assets
Flat$126,391,153
Flat from 2023
Liabilities
Flat$1,155,239
Flat from 2023
Revenue And Expenses
Revenue
Flat$11,751,252
Flat from 2023
Expenses
Flat$7,522,031
Flat from 2023
Net Income
Flat$4,229,221
Flat from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Apr 1, 2022 to Mar 31, 2023
- Signed
- Feb 13, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $66,408,717
Mission and Program Overview
Mission
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.
As the community foundation serving mclennan county, texas, waco foundation is an independent public charity that stewards philanthropic resources from institutional and individual donors and directs their use for the benefit of community-based charities. The goal of waco foundation is to increase quality of life in the geographic area it serves, mclennan county. Waco foundation devotes the resources in its care to efforts that identify and address the community's greatest needs. Activities are governed by a voluntary, rotating board of trustees comprised of people from the community, which uses it variance power to ensure that the interests of the entire community are the focus of the work and that the work remains relevant over time.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $111,775,730 | $111,974,109 | ▲ $198,379 |
| Investments Other Securities | $12,055,461 | $12,650,549 | ▲ $595,088 |
| Savings and Temporary Cash Investments | $8,766,200 | $2,155,639 | ▼ $6,610,561 |
| Cash and Non-Interest-Bearing Accounts | $198 | $588,299 | ▲ $588,101 |
| Accounts Receivable | $108,777 | $104,389 | ▼ $4,388 |
| Land, Buildings, and Equipment, Net | $4,455 | $3,056 | ▼ $1,399 |
| Total Assets | $132,771,840 | $127,546,392 | ▼ $5,225,448 |
| Other Assets Total | $61,019 | $70,351 | ▲ $9,332 |
| Liabilities | |||
| Grants Payable | $809,610 | $1,012,559 | ▲ $202,949 |
| Accounts Payable and Accrued Expenses | $129,725 | $142,680 | ▲ $12,955 |
| Total Liabilities | $939,335 | $1,155,239 | ▲ $215,904 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $57,888,562 | $63,558,196 | ▲ $5,669,634 |
| Net Assets With Donor Restrictions | $73,943,943 | $62,832,957 | ▼ $11,110,986 |
| Total Net Assets Fund Balance | $131,832,505 | $126,391,153 | ▼ $5,441,352 |
| Total Liabilities and Net Assets / Fund Balance | $132,771,840 | $127,546,392 | ▼ $5,225,448 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,056 | $164,225 | $167,281 |
| Financial Derivatives | $12,650,549 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $115,142,439 | $6,057,275 | ▼ $4,109,464 | - | $109,868,134 |
| 2021 | $98,496,049 | $12,701,487 | ▲ $6,985,260 | - | $115,142,439 |
| 2020 | $72,934,647 | $411,807 | ▲ $27,500,275 | - | $98,496,049 |
| 2019 | $81,901,646 | $1,798,741 | ▼ $7,069,085 | - | $72,934,647 |
| 2018 | $75,494,427 | $7,011,977 | ▲ $1,575,559 | - | $81,901,646 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Ashley Allison | Executive Director | FT | $196,502 | $24,968 | $221,470 |
| Martha Stuhr | Director of Finance(apr - Sep 22) | FT | $66,976 | $6,599 | $73,575 |
| Tangela Penny | Director of Finance(sep - Dec 22) | FT | $29,188 | $1,758 | $30,946 |
Board Members and Trustees
| Name | Title |
|---|---|
| Sherman Ayres | Chair |
| Chris Mcswain | Vice Chair |
| Leslie Mitchell | Director of Finance(jan - Mar 23) |
| Aaron Zimmerman | Trustee |
| Charles Williams | Trustee |
| Dillon Meek | Trustee |
| Kristen Mynar | Trustee |
| Malcolm Duncan Jr | Trustee |
| Melli Wickliff | Trustee |
| Mike Bidwell | Trustee |
| Mike Raymond | Trustee |
| Monte Hulse | Trustee |
| Soo Battle | Secretary/treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Neuberger Berman | Investment Management And Advisory Fees | 1290 AVENUE OF THE AMERICAS, New York, NY 10104-0001 | $257,977 |
| Prosper Waco | Non-profit Teen Pregnancy Prevention Wor | 1105 WOODED ACRES DR STE 400, Waco, TX 76710 | $169,792 |
| American Journalism Project | Non-profit Journalism Work In Waco | 6218 GEORGIE AVE NW STE 1 - 599, Dc, WA 20011-5125 | $150,000 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $7,181,731
- Program Service Revenue
- $0
- Investment Income
- $4,550,480
- Other Revenue
- $19,041
- All Other Contributions
- $7,181,731
- Change in Net Assets
- $4,229,221
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- Yes
- Third parties used for noncash contributions
- No
Noncash Contributions
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 10 | $1,259,098 | Avg High/low Values |
| Total Noncash Contributions | 10 | $1,259,098 | - |
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $4,753,684 |
| Other Expenses | $1,621,275 |
| Salaries, Compensation, and Employee Benefits | $1,147,072 |
| Total Fundraising Expense | $47,159 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $4,465,591 | - | - | $4,465,591 |
| Other Salaries and Wages | $369,965 | $313,000 | $22,000 | $704,965 |
| Fees for Services Other | $363,150 | $63,398 | - | $426,548 |
| Grants to Domestic Individuals | $288,093 | - | - | $288,093 |
| Current Officers, Directors, Trustees, and Key Employees | $99,990 | $169,462 | $11,110 | $280,562 |
| Fees for Service Investment Mgmnt Fees | $4,392 | $253,987 | - | $258,379 |
| Occupancy | $34,701 | $51,268 | - | $85,969 |
| Information Technology | $41,541 | $39,946 | - | $81,487 |
| Payroll Taxes | $34,027 | $34,100 | $2,444 | $70,571 |
| Advertising | $15,351 | $33,813 | $2,514 | $51,678 |
| Office Expenses | $21,298 | $21,905 | $6,799 | $50,002 |
| Pension Plan Contributions | $25,951 | $17,958 | $2,214 | $46,123 |
| Other Employee Benefits | $24,164 | $20,687 | - | $44,851 |
| Fees for Services Accounting | $3,886 | $32,184 | $78 | $36,148 |
| Conferences and Meetings | $14,080 | $12,244 | - | $26,324 |
| Insurance | $3,654 | $3,775 | - | $7,429 |
| Fees for Services Legal | $2,008 | $3,728 | - | $5,736 |
| Travel | $1,842 | $1,842 | - | $3,684 |
| Depreciation Depletion | - | $1,398 | - | $1,398 |
| Other Expenses | $3,408 | $-2,472 | - | $936 |
| Total Functional Expenses | $6,382,748 | $1,092,124 | $47,159 | $7,522,031 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Texas Rural Funders | Austin, TX | 501(c)(3) | Operating Support | $777,283 |
| Heart of Texas Community Health Center Inc Dba Waco Family Medicine | Waco, TX | 501(c)(3) | Capital Campaign | $488,216 |
| City of Mart | Mart, TX | City of Mart | Building/renovation | $425,000 |
| University of Notre Dame | Notre Dame, IN | 501(c)(3) | Operating Support | $300,000 |
| Cameron Park Zoological and Botanical Society | Waco, TX | 501(c)(3) | Undesignated | $185,000 |
| Start Up Waco | Waco, TX | 501(c)(3) | Operating Support | $149,834 |
| Transformation Waco | Waco, TX | 501(c)(3) | Operating Support | $142,003 |
| Waco Family Medicine Foundation | Waco, TX | 501(c)(3) | Operating Support | $125,000 |
| Talitha Koum Institute (crossties Ministries) | Waco, TX | 501(c)(3) | Undesignated | $117,643 |
| Caritas of Waco | Waco, TX | 501(c)(3) | Operating Support | $114,691 |
| Historic Waco | Waco, TX | 501(c)(3) | Operating Support | $76,729 |
| Family Abuse Center | Waco, TX | 501(c)(3) | Operating Support | $71,000 |
| Providence Foundation Inc | Waco, TX | 501(c)(3) | Capital - Large | $70,000 |
| Waco Family Medicine Foundation | Waco, TX | 501(c)(3) | Operating Support | $65,000 |
| Texas Tribune Inc | Austin, TX | 501(c)(3) | Operating Support | $63,500 |
| Vanguard College Preparatory School | Waco, TX | 501(c)(3) | Capital Campaign | $59,959 |
| Cultural Arts of Waco | Waco, TX | 501(c)(3) | Exhibitions | $55,389 |
| Baylor University | Waco, TX | 501(c)(3) | Operating Support | $50,000 |
| Klaras Center for Families | Waco, TX | 501(c)(3) | Operating Support | $47,057 |
| ST ALBAN'S EPISCOPAL CHURCH | Waco, TX | 501(c)(3) | Operating Support | $46,000 |
| Jewish Federation of Waco | Waco, TX | 501(c)(3) | Operating Support | $42,135 |
| Helping Hands Ministry of Belton | Belton, TX | 501(c)(3) | Emergency Funds | $41,914 |
| Planned Parenthood of Greater Texas Inc | Dallas, TX | 501(c)(3) | Undesignated | $37,193 |
| Mclennan Community College | Waco, TX | 501(c)(3) | Scholarship Funds | $32,734 |
| First Presbyterian Church | Waco, TX | 501(c)(3) | Operating Support | $30,375 |
| Humane Society Central Texas | Waco, TX | 501(c)(3) | Operating Support | $29,268 |
| Mclennan Community College Foundation | Waco, TX | 501(c)(3) | Operating Support | $28,391 |
| Mission Waco Mission World Inc | Waco, TX | 501(c)(3) | Operating Support | $28,050 |
| Kwbu - Brazos Valley Public Broadcasting Foundation | Waco, TX | 501(c)(3) | Operating Support | $25,460 |
| Brite Divinity School | Fort Worth, TX | 501(c)(3) | Undesignated | $25,000 |
| Dr Pepper Museum and Free Enterprise Institute | Waco, TX | 501(c)(3) | Operating Support | $25,000 |
| Trinity Episcopal School | Austin, TX | 501(c)(3) | Operating Support | $25,000 |
| Grassroots Community Development | Waco, TX | 501(c)(3) | Undesignated | $24,683 |
| Waco Habitat for Humanity | Waco, TX | 501(c)(3) | Undesignated | $23,922 |
| Casa of Mclennan County | Waco, TX | 501(c)(3) | Operating Support | $21,672 |
| Congregation Agudath Jacob | Waco, TX | 501(c)(3) | Operating Support | $21,413 |
| Compassion Ministries of Waco Inc | Waco, TX | 501(c)(3) | Operating Support | $20,363 |
| Acts Xxix | Livonia, MI | 501(c)(3) | Undesignated | $20,000 |
| Central Texas Senior Ministry | Waco, TX | 501(c)(3) | Undesignated | $19,262 |
| Lake Shore Baptist Church | Waco, TX | 501(c)(3) | Undesignated | $18,500 |
| Church Under the Bridge | Waco, TX | 501(c)(3) | Operating Support | $15,000 |
| Reengaged Ministries | Newtown, PA | 501(c)(3) | Undesignated | $15,000 |
| First Baptist Church of Glen Rose | Glen Rose, TX | 501(c)(3) | Operating Support | $12,000 |
| Central Presbyterian Church | Waco, TX | 501(c)(3) | Undesignated | $11,050 |
| Keep Waco Beautiful Inc | Waco, TX | 501(c)(3) | Undesignated | $11,035 |
| Heart of Texas Region Mhmr Center Dba Heart of Texas Behavioral Health Net | Waco, TX | 501(c)(3) | Operating Support | $11,000 |
| The Salvation Army - Waco Corps | Waco, TX | 501(c)(3) | Operating Support | $10,795 |
| American Heart Association Southwest Affiliate - Waco Division | Austin, TX | 501(c)(3) | Operating Support | $10,040 |
| American Cancer Society | San Antonio, TX | 501(c)(3) | Operating Support | $10,000 |
| Catholic Diocese of Austin | Austin, TX | 501(c)(3) | Operating Support | $10,000 |
| Catholic Foundation - Diocese of Austin | Austin, TX | 501(c)(3) | Capital Campaign | $10,000 |
| Catholic Relief Services-usccb | Baltimore, MD | 501(c)(3) | Operating Support | $10,000 |
| Catholic University | Washington, DC | 501(c)(3) | Undesignated | $10,000 |
| East Waco Empowerment Project | Waco, TX | 501(c)(3) | Operating Support | $10,000 |
| Fellowship of Christian Athletes | Waco, TX | 501(c)(3) | Undesignated | $10,000 |
| HEART O' TEXAS FAIR AND RODEO | Waco, TX | 501(c)(3) | Undesignated | $10,000 |
| Mclennan Community Investment Fund | Waco, TX | 501(c)(3) | Undesignated | $10,000 |
| Tunnel to Towers Foundation | Staten Island, NY | 501(c)(3) | Operating Support | $10,000 |
| Unbound Now | Waco, TX | 501(c)(3) | Operating Support | $10,000 |
| Valor Preparatory Academy | Waco, TX | 501(c)(3) | Operating Support | $10,000 |
| Waco Isd Education Foundation | Waco, TX | 501(c)(3) | Scholarship Funds | $10,000 |
| Fuzzy Friends Rescue | Waco, TX | 501(c)(3) | Operating Support | $9,750 |
| First Presbyterian Church | Clifton, TX | 501(c)(3) | Operating Support | $9,600 |
| Cenikor Foundation Inc | Houston, TX | 501(c)(3) | Undesignated | $8,966 |
| Dayspring Baptist Church | Woodway, TX | 501(c)(3) | Undesignated | $8,884 |
| American Red Cross Heart of Texas Chapter | Austin, TX | 501(c)(3) | Operating Support | $8,000 |
| Temple Rodef Sholom | Waco, TX | 501(c)(3) | Operating Support | $8,000 |
| Advocacy Center for Crime Victims and Children | Waco, TX | 501(c)(3) | Annual Campaigns | $7,500 |
| A Glimmer of Hope | Austin, TX | 501(c)(3) | Operating Support | $7,000 |
| Seventh and James Baptist Church | Waco, TX | 501(c)(3) | Operating Support | $6,734 |
| Waco Symphony Association Inc | Waco, TX | 501(c)(3) | Undesignated | $6,206 |
| Cen-tex Hispanic Chamber of Commerce | Waco, TX | 501(c)(3) | Operating Support | $6,008 |
| Care Net Pregnancy Center of Central Texas Inc | Waco, TX | 501(c)(3) | Operating Support | $6,000 |
| Providence Hospice | Waco, TX | 501(c)(3) | Operating Support | $6,000 |
| SUN VALLEY WRITERS' CONFERENCE INC | Monterey, CA | 501(c)(3) | Undesignated | $5,800 |
| Council on Foundations | Washington, DC | 501(c)(3) | Annual Dues | $5,500 |
| United Way of Waco-mclennan County | Waco, TX | 501(c)(3) | Undesignated | $5,418 |
| Animal Birth Control Clinic Inc | Waco, TX | 501(c)(3) | Operating Support | $5,250 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | Memphis, TN | 501(c)(3) | Research | $5,050 |
International Summary
- Offices
- 0
- Employees
- 0
- Spending
- $7,130,556
International Compliance
- Activity in boycott countries
- No
- Foreign corporation ownership
- Yes
- Foreign partnership interest
- No
- Interest in foreign trust
- No
- Passive foreign investment company interest
- Yes
- Transfers to foreign corporations
- No
International Activities
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | Investments | - | 0 | 0 | $7,130,556 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“The director of finance emails to the board of trustees a copy of the completed, unfiled form 990, with an explanation of the most important items of interest on the form. The board reviews the form 990 and asks any questions about its contents prior to filing.”
Form 990, Part VI, Section B, Line 12C
“Conflicts of interest are determined and reviewed on the levels of executive director, committee members and board members. If there is reason to believe that a member has failed to disclose any actual or possible conflict or duality of interest, they will be given an opportunity to explain. Upon further investigation, the board or committee may take appropriate disciplinary and corrective action, which may result in the removal of that person from their board position, or termination of employment, if an employee. If a member discloses a conflict or duality of interest, they are allowed to remain in the board meeting during discussions, but are required to abstain from voting on the subject.”
Form 990, Part VI, Section B, Line 15
“In determining the executive director salary, the board uses the council on foundation salary survey, which has information on executives from other foundations and includes comparison data related to similar asset size and differences in wage rates based on geography. Waco foundation considers for comparison community foundations in the 100 to 250 million asset range and that are located in the southwest region of the united states. A compensation packet, which includes information on executive performance, is reviewed by the executive committee prior to the board vote on salaries, and is maintained as a part of the organizational records. Input from the full board is obtained through formal online surveys of objective criteria or through the chairman polling of board members via telephone calls and meetings. This process is performed annually. The process for setting all other employee salaries is based on the same salary survey and an annual performance review. All salaries are approved by the board.”
Form 990, Part VI, Section C, Line 18
“The foundation's form 1023 is available upon request. Our most recently filed form 990 is available on guidestar and upon request, and our most recently filed form 990t is available upon request.”
Form 990, Part VI, Section C, Line 19
“The organization's governing documents and financial statements are available upon request. The conflict of interest policy is not made available to the public.”
Filing and Contact Details
Filer
- Filer Name
- Waco Foundation
- EIN
- 74-6054628
- Phone
- 2547543404
- Address
- 1224 AUSTIN AVE 100, WACO, TX 76701
Signing Officer
- Name
- Ashley Allison
- Title
- Executive Director
- Phone
- 2547543404
- Signed
- 2024-02-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Ashley Allison
- Formed
- 1958
- Legal Domicile
- TX
- Voting Board Members
- 12
- Independent Board Members
- 12
- Employees
- 20
- Volunteers
- 27
Preparer
- Firm
- Jaynes Reitmeier Boyd & Therrell Pc
- Address
- 5400 BOSQUE BLVD STE 600, WACO, TX 76710-4459
- Preparer
- Nancy a Livingston
- Phone
- 2547764190
Supplemental Narrative
Additional Explanations
FORM 990, PART XII, LINE 2C:
“The process has not changed from prior years.”
Financial Statement Notes
PART V, LINE 4:
“The endowments of waco foundation are intended to provide income to various charitable organizations and activities in mclennan county, texas as well as maintain their real value over time. Some endowed funds are established to provide support for specific, designated charities. Other funds, established for general charitable community betterment or a specific charitable field of interest, will provide grants of income to different charities every year according to community needs and the findings of the deliberations of the organization's board of trustees.”
PART X, LINE 2:
“The foundation and its supporting organization are exempt from federal income tax under the provisions of section 501(c)(3) of the internal revenue code ("irc"). In accordance with irc regulations, the foundation is taxed on unrelated business income, which consists of earnings from activities not related to the exempt purpose of the foundation. The foundation accounts for tax uncertainties based on a more-likely-than-not recognition threshold, whereby tax benefits are only recognized when the foundation believes that they have a greater than 50% likelihood of being sustained upon examination by taxing authorities. The foundation has evaluated all its tax positions and determined that it had no uncertain income tax positions as of march 31, 2023”
Raw XML AppendixShowing 400 of 1,555 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 142680 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 108777 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 104389 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | AS THE COMMUNITY FOUNDATION SERVING MCLENNAN COUNTY, TEXAS, WACO FOUNDATION IS AN INDEPENDENT PUBLIC CHARITY THAT STEWARDS PHILANTHROPIC RESOURCES FROM INSTITUTIONAL AND INDIVIDUAL DONORS AND DIRECTS THEIR USE FOR THE BENEFIT OF COMMUNITY-BASED CHARITIES. THE GOAL OF WACO FOUNDATION IS TO INCREASE QUALITY OF LIFE IN THE GEOGRAPHIC AREA IT SERVES, MCLENNAN COUNTY. WACO FOUNDATION DEVOTES THE RESOURCES IN ITS CARE TO EFFORTS THAT IDENTIFY AND ADDRESS THE COMMUNITY'S GREATEST NEEDS. ACTIVITIES ARE GOVERNED BY A VOLUNTARY, ROTATING BOARD OF TRUSTEES COMPRISED OF PEOPLE FROM THE COMMUNITY, WHICH USES IT VARIANCE POWER TO ENSURE THAT THE INTERESTS OF THE ENTIRE COMMUNITY ARE THE FOCUS OF THE WORK AND THAT THE WORK REMAINS RELEVANT OVER TIME. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 15351 |
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| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2547543404 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1224 AUSTIN AVE SUITE 100 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WACO |
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| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76701 |
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| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 99990 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 280562 |
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| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 14080 |
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| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
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| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 150000 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1290 AVENUE OF THE AMERICAS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 1105 WOODED ACRES DR STE 400 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 6218 GEORGIE AVE NW STE 1 - 599 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | NEW YORK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | WACO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | DC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | WA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 101040001 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 76710 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 200115125 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | NEUBERGER BERMAN |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | PROSPER WACO |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | AMERICAN JOURNALISM PROJECT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | INVESTMENT MANAGEMENT AND ADVISORY FEES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | NON-PROFIT TEEN PREGNANCY PREVENTION WOR |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | NON-PROFIT JOURNALISM WORK IN WACO |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7181731 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 4753684 |
| IRS990/CYInvestmentIncomeAmt | 0 | 4550480 |
| IRS990/CYOtherExpensesAmt | 0 | 1621275 |
| IRS990/CYOtherRevenueAmt | 0 | 19041 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 4229221 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1147072 |
| IRS990/CYTotalExpensesAmt | 0 | 7522031 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 47159 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 11751252 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1398 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1398 |
| IRS990/Desc | 0 | WACO FOUNDATION OPERATING FUND: THIS FUND IS THE ORGANIZATION'S PRIMARY COMPETITIVE GRANTMAKING FUND, PROVIDING GRANTS TO NONPROFITS THAT SERVE MCLENNAN COUNTY RESIDENTS, ALONG WITH OTHER FUNDS (DISCRETIONARY AND SELECTED FIELD OF INTEREST FUNDS) THAT SUPPORT OUR COMPETITIVE GRANT PROGRAM. THE FOUNDATION PROVIDES SUPPORT TO SEVERAL COMMUNITY-WIDE EFFORTS DESIGNED TO END SYSTEMIC POVERTY AND PROMOTE EDUCATION AND HEALTH. THE GRANTS MADE FROM OUR DISCRETIONARY PROGRAM BENEFITED OVER EIGHTEEN INSTITUTIONS AND ORGANIZATIONS, INCLUDING SMALL NONPROFITS, WHICH ADDRESS BASIC HUMAN NEEDS, TO LARGE INSTITUTIONS WORKING TO INTERVENE WITH SYSTEMIC ISSUES THAT LEAD TO POVERTY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 1 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 73943943 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 62832957 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 20 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 474876 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 78 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 32184 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 3886 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 36148 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 3728 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 2008 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5736 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 63398 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 363150 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 426548 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 253987 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt | 0 | 4392 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 258379 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 39.90 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 37.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 37.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 37.25 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 24968 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 6599 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 1758 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MALCOLM DUNCAN JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SHERMAN AYRES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHRIS MCSWAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SOO BATTLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MIKE BIDWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MONTE HULSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KRISTEN MYNAR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MIKE RAYMOND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MELLI WICKLIFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | AARON ZIMMERMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DILLON MEEK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | CHARLES WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ASHLEY ALLISON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MARTHA STUHR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | TANGELA PENNY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | LESLIE MITCHELL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 196502 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 66976 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 29188 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR OF FINANCE(APR - SEP 22) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR OF FINANCE(SEP - DEC 22) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR OF FINANCE(JAN - MAR 23) |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1958 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 357339 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantAmt | 0 | 385780 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 809610 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 1012559 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 288093 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 288093 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 4465591 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 4465591 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 55014804 |
| IRS990/GrossReceiptsAmt | 0 | 66408717 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 39946 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 41541 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 81487 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3775 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3654 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7429 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 4207891 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 4193141 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | -14750 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 12055461 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 12650549 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 111775730 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 111974109 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 164225 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4455 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3056 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 167281 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 54657465 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 131832505 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 126391153 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 357339 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 357339 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 7063 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -9670573 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 57888562 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 63558196 |
| IRS990/NoncashContributionsAmt | 0 | 1259098 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 51268 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 34701 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 85969 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 6799 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 21905 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 21298 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 50002 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 61019 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 70351 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 20687 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 24164 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 44851 |
| IRS990/OtherExpensesGrp/Desc | 0 | WORKSHOP/FACILITATED SE |
| IRS990/OtherExpensesGrp/Desc | 1 | RECEPTIONS AND EVENTS |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 14755 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5146 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | -2472 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 534981 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 27910 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2765 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 3408 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 534981 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 42665 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 7911 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 936 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | INCOME FROM FEES CHARGED TO FUNDS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 19041 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 19041 |
| IRS990/OtherRevenueTotalAmt | 0 | 19041 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 22000 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 313000 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 369965 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 704965 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 2444 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 34100 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 34027 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 70571 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 2214 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 17958 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 25951 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 46123 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | ASHLEY ALLISON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | MAC COLLEGE MONEY PROGRAM: THIS FUND WAS ESTABLISHED TO PROVIDE 1ST AND 2ND YEAR GRANTS TO STUDENTS ATTENDING MCLENNAN COMMUNITY COLLEGE AND TEXAS STATE TECHNICAL COLLEGE IN MCLENNAN COUNTY. IN ADDITION, 3RD AND 4TH YEAR SCHOLARSHIPS ARE ALSO PROVIDED TO PREVIOUS GRANT RECIPIENTS WHO WANT TO CONTINUE THEIR EDUCATION AT ANY 4-YEAR COLLEGE WITHIN OR OUTSIDE THE MCLENNAN COUNTY AREA. DURING THE 2022 TAX YEAR, 74 MCLENNAN COUNTY SENIORS ENROLLED IN THE MAC COLLEGE MONEY PROGRAM. FOUNDATION STAFF ASSIST STUDENTS IN COMPLETING THEIR ANNUAL FAFSA IN ORDER TO ACCESS FEDERAL STUDENT AID GRANTS.DUNCAN SCHOLARS PROGRAM: THIS FUND WILL TAKE THE PLACE OF THE MAC COLLEGE MONEY PROGRAM AND SERVES AS AN ENHANCED EFFORT TO INCREASE COLLEGE COMPLETION RATES WHILE ELIMINATING STUDENT DEBT. QUALIFYING STUDENTS GRADUATING FROM WACO HIGH AND UNIVERSITY HIGH SCHOOLS ARE INVITED TO PARTICIPATE IN DUNCAN SCHOLARS. PARTICPANTS RECEIVE ONE-ON-ONE FINANCIAL AID AND COLLEGE/CAREER ADVISING, ACCESS TO EMERGENCY ASSISTANCE FUND AND FULL-TUITION SCHOLARSHIPS FOR THEIR FIRST AND SECOND YEARS AT MCLENNAN COMMUNITY COLLEGE. IN ADDITION, STUDENTS WHO CONTINUE THEIR EDUCATION THROUGH THE UNVIERSITY CENTER OR BAYLOR UNIVERSITY ARE ELIGIBLE TO RECEIVE FULL-TUITION FOR THEIR LAST TWO YEARS. DURING THE 2022 TAX YEAR, 32 STUDENTS PARTICIPATED IN DUNCAN SCHOLARS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 332541 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 186234 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ORGANIZATIONAL MISSION" PROGRAM: THIS FUND PROVIDES GRANTS AND SERVICES THAT PROMOTE NONPROFIT AND PUBLIC SECTOR EFFORTS TO ADDRESS COMMUNITY CHALLENGES. PROGRAM ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO: (A) THE AWARD OF SMALL ASSISTANCE GRANTS TO HELP NONPROFITS SECURE NONPROFIT MANAGEMENT GUIDANCE, SERVICE OR EXPERTISE. THIS INCLUDES HELP FROM A PROFESSIONAL NONPROFIT CONSULTANT, TOPICAL TRAININGS (E.G. FUND DEVELOPMENT, PROPOSAL WRITING) OR PROFESSIONAL DEVELOPMENT COURSES; (B) PROVIDING ACCESS TO FIELD/SECTOR SPECIFIC EDUCATIONAL RESOURCES OR THE DELIVERY OF TRAININGS INTENDED TO SUPPORT COMMUNITY ORIENTED PROBLEM SOLVING AND SYSTEMS LEVEL STRATEGIZING (E.G. MEETING FACILITATION, RACIAL EQUITY)(C) THE CREATION, IDENTIFICATION, OR SHARING (VIA WEBSITES AND NEWSLETTERS) OF RESOURCES AND INFORMATION ON A VARIETY OF TOPICS INCLUDING BUT NOT LIMITED TO FUND DEVELOPMENT, FINANCIAL MANAGEMENT AND SUSTAINABILITY, LEADERSHIP, BEST PRACTICES IN NONPROFIT MANAGEMENT, RACIAL EQUITY. (D) THE DELIVERY OF A CIVIC/COMMUNITY -ORIENTED LEADERSHIP SKILLS DEVELOPMENT PROGRAM. (E) SUPPORTING EFFORTS TO ADDRESS EARLY CHILDHOOD QUALITY OF LIFE FACTORS |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 891670 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | THIS INCLUDES ALL OTHER FUNDS OWNED AND MANAGED BY WACO FOUNDATION 237 DESIGNATED, DONOR ADVISED, SCHOLARSHIP, FIELD OF INTEREST AND DISCRETIONARY FUNDS. ONE OF THE FOUNDATION'S DISCRETIONARY AND SELECT FIELD OF INTEREST FUNDS GAVE GRANTS TO ONE OF THE FOUNDATION'S PROGRAM FUNDS, THE ORGANIZATIONAL MISSION PROGRAM. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 4683661 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 4181670 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 16042945 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 4797560 |
| IRS990/PYInvestmentIncomeAmt | 0 | 10414574 |
| IRS990/PYOtherExpensesAmt | 0 | 1460965 |
| IRS990/PYOtherRevenueAmt | 0 | 28602 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 19246520 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 981076 |
| IRS990/PYTotalExpensesAmt | 0 | 7239601 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 26486121 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4229221 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $127,546,392
- Liabilities
- $1,155,239
- Net assets
- $126,391,153
- Revenue
- $11,751,252
- Expenses
- $7,522,031
- Net income
- $4,229,221