Foundation Communities Inc
Foundation Communities Inc
Foundation Communities Inc
AI Summary
Foundation Communities Inc is a housing development nonprofit focused on creating affordable housing with supportive social services that help working-poor families improve their financial standing and strengthen their communities. In filing year 2024, it reported an operating budget of $33.1M and total revenue of $50M, with major support from St David's Foundation, NEIGHBORHOOD REINVESTMENT CORPORATION, and UNITED WAY OF METROPOLITAN DALLAS INC.
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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- 85 funders
- 64 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
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.