Foundation Communities Inc
Foundation Communities Inc
Foundation Communities Inc
AI Summary
Foundation Communities Inc is a nonprofit organization focused on housing development, dedicated to creating affordable housing paired with supportive social services to empower the working poor and their communities. With an operating budget of $33.1 million and total revenue of $50 million for the 2024 filing year, the organization is supported by significant contributions from major funders, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DONOR ADVISED CHARITABLE GIVING INC, and VANGUARD CHARITABLE ENDOWMENT PROGRAM. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
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.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Foundation Communities Inc’s budget?
In 2024, Foundation Communities Inc reported an annual operating budget of around $33.1 million. More detailed financial information is available to registered users.
What causes does Foundation Communities Inc support?
Foundation Communities Inc supports work in Housing development.
Where does Foundation Communities Inc operate?
Foundation Communities Inc is headquartered in Austin, TX.
Who funded Foundation Communities Inc recently?
In 2025, Foundation Communities Inc received grants from AMERICAN ONLINE GIVING FOUNDATION INC, RAYMOND JAMES CHARITABLE ENDOWMENT FUND, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant Foundation Communities Inc received in 2024?
The largest grant to Foundation Communities Inc in 2024 exceeds $5.8 million.
What is Foundation Communities Inc’s reliance on government grants?
Foundation Communities Inc relied on government grants for more than 15% of their total revenue in 2024.