Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Foundation Communities Group Return is a nonprofit organization dedicated to creating affordable housing where families can thrive, focusing on providing supportive social services that educate and improve the financial standing of the working poor and their communities. With an operating budget of $33.4 million and total revenue of $39.3 million for the 2024 filing year, the organization is financially robust and does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at www.foundcom.org.

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.
Revenues
$39.3M
Expenses
$33.4M
Net Income:
+$5.9M
Assets
$112.2M
Liabilities
$136.5M
Net Assets:
-$24.3M
Operating Budget
$33.4M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
1
Median grant size
$501K
Largest grant received
$501K
J
Jason Reneau
Board Member
A
Ann Clift
Board Member
A
Angela Herron
Board Member

Frequently Asked Questions

What is FOUNDATION COMMUNITIES GROUP RETURN’s budget?
In 2024, FOUNDATION COMMUNITIES GROUP RETURN reported an annual operating budget of around $33.4 million. More detailed financial information is available to registered users.
What causes does FOUNDATION COMMUNITIES GROUP RETURN support?
FOUNDATION COMMUNITIES GROUP RETURN supports work in Housing development.
Where does FOUNDATION COMMUNITIES GROUP RETURN operate?
FOUNDATION COMMUNITIES GROUP RETURN is headquartered in Austin, TX.
Who funded FOUNDATION COMMUNITIES GROUP RETURN recently?
In 2024, FOUNDATION COMMUNITIES GROUP RETURN received grants from DONOR ADVISED CHARITABLE GIVING INC, TRELLIS FOUNDATION, and TRELLIS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FOUNDATION COMMUNITIES GROUP RETURN received in 2024?
The largest grant to FOUNDATION COMMUNITIES GROUP RETURN in 2024 exceeds $501 thousand.