Financial Information

The North Texas Community Foundation has a reputation for being wise stewards of our donors’ resources. Today, we’re among the top 10 percent of over 750 community foundations in the nation, with assets more than $218 million. In 2015, we awarded more than $14.7 million in scholarships and grants, and we’ve awarded more than $185 million to nonprofit organizations since we began in 1981. We feel that being transparent and accountable to our donors and our community is a big part of our responsibility. The North Texas Community Foundation’ Investment Committee is responsible for investment oversight, and meets quarterly throughout the year. Recent Financial Documents

Form 990 is the informational “tax return” filed with the IRS by organizations that are exempt from federal income tax. Investment Information and Options The North Texas Community Foundation is a charitable organization, and is not a commercial money manager. Donors select an allocation pool from Luther King Capital Management or Commonfund. If a donor advised fund established at the Community Foundation has an asset balance of more than $500,000, the donor may request an external manager, subject to the approval of the Investment Committee. Individual donors may select from four allocation models:

Equity-Oriented Pool: Long Term Grant-Making Strategy
Asset Class Index or Fund Name Allocation
Bond Mutual Funds Luther King Fixed Income 25%
Diversified Equities Luther King Core Equities 75%
Balanced Pool: Intermediate Term Grant-Making Strategy
Asset Class Index or Fund Name Allocation
Bond Mutual Funds Luther King Fixed Income 50%
Diversified Equities Luther King Core Equities 50%
Fixed Pool: Short Term Grant-Making Strategy
Asset Class Index or Fund Name Allocation
Bond Mutual Funds Luther King Fixed Income 75%
Diversified Equities Luther King Core Equities 25%
Liquid Pool: Immediate Grant-Making Strategy
Asset Class Index or Fund Name Allocation
Money Market Cash/Cash Equivalents 100%

Investment Performance In keeping with the perpetual nature of the North Texas Community Foundation, investment performance is monitored with a view toward long-term return. Commonfund investment performance data may be found here. Luther King Capital Management investment performance data may be found here and is reflected in the following graph. chart The Council on Foundations provides a quarterly comparison of investment returns of more than 150 community foundations. The North Texas Community Foundation has outperformed the majority of other community foundations with a similar asset size for the past 10 years. Fee Structure Administrative fees support the Community Foundation’s mission of strengthening the community through civic leadership and encouraging philanthropy by providing community knowledge and reliable stewardship to our fund holders. The administrative fee schedule for all funds can be found here. Investment management fees are separate from our administrative fee and vary depending on the investment option. Fees associated with the Community Foundation’s investment pools at Commonfund and Luther King Capital Management range from 32 to 50 basis points. Both investment managers report investment performance net of fees. Assets Total assets held at he North Texas Community Foundation over the past several years are shown here, in millions. chart2 Community Foundation Investment Committee Cindy Adams, Co-Chair Concorde Asset Group, Inc. Martin Land and Investment, Inc. *Crissie Fortmeyer, Co-Chair J.P. Morgan Endowment Group Stewart Alcorn Frost Bank – Market Pres. Ralph Heath Lockheed Martin Aero. President (ret.) Bill Dismuke DIsmuke & Waters, P.C. *Brad Bourland Diesslin Group, Inc. *Mark Rich Kimbell Art Foundation *Community Rep To view a list of our current funds click here.