Overview
What is The Dallas Foundation?
The Dallas Foundation is a nonprofit organization located in Dallas, Texas, with a US address at 3000 Pegasus Park Dr 930. The foundation serves as a steward of philanthropic resources, collaborating with donor partners to address the community's greatest needs. Their strategic priorities include ensuring a strong and healthy start in life, racial equity, family homelessness, and child and youth mental health. In 2021, they allocated over $76 million in funding to charitable causes. The Dallas Foundation functions as a resource for North Texas' nonprofit sector, bolstering its capacity and sustainability, and acts as a fiscal sponsor for various organizations and emerging initiatives. Their mission is to bring together people, ideas, and investments in Greater Dallas, enabling individuals and families to reach their full potential.
Official website here: www.dallasfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
The Dallas Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 100% in the Accountability & Finance beacon, reflecting its commitment to transparency and responsible resource management. Such a rating is significant as it demonstrates the foundation's effective governance practices and adherence to financial standards.
One of the strengths highlighted is the foundation's governance structure, featuring an entirely independent board composed of 18 members. Additionally, the organization excels in maintaining clear financial practices, with robust oversight through its Audit and Oversight Committee and no reported material diversion of assets. The foundation also prioritizes transparency by posting essential documents, such as its tax forms and audit reports, on its website.
While the foundation has many strengths, there are always opportunities for growth, such as expanding its outreach and impact metrics. However, the current data emphasizes a strong financial footing, efficient fundraising practices, and a solid commitment to ethical governance, making The Dallas Foundation a commendable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Dallas Foundation?
90% of 8 reviewers on Facebook recommend The Dallas Foundation. Here is a summary of their reviews:
Many individuals highlight the foundation's unwavering commitment to supporting the city of Dallas during crucial times. Users express gratitude for an organization that consistently prioritizes the city's needs and provides essential assistance when it matters most.
Overall, the sentiment is one of appreciation for The Dallas Foundation's impactful work and its dedication to the community. Reviewers feel fortunate to have such a reliable nonprofit focused on making a difference in Dallas.
This AI summary has been generated from reviews found on Facebook.
Is The Dallas Foundation legitimate?
The Dallas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dallas Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,374,066
Professional Fundraising Fees: $185,000
Other Salaries and Wages: $2,258,629
For more financial information, click here
Official website here: www.dallasfoundation.org
What is the mission statement of The Dallas Foundation?
The Dallas Foundation functions as a catalyst for positive change in individuals' and families' lives by connecting people, ideas, and investments in Greater Dallas. The organization strives to make a significant impact by investing in transformative solutions and focusing on essential community needs. Its strategic priorities include enhancing early life development, promoting racial equity, addressing family homelessness, and improving child and youth mental health. As a valuable resource to North Texas' nonprofit sector, the foundation strengthens the community's capacity and sustainability and acts as a fiscal sponsor to various organizations and initiatives. In 2021, The Dallas Foundation committed over $76 million to charitable causes, contributing to improvements and making visible progress in various aspects of life throughout the community.
Official website here: www.dallasfoundation.org
Who is the CEO of The Dallas Foundation?
Julie Diaz is the Executive Vp & Coo of The Dallas Foundation. The CEO's salary of The Dallas Foundation is $575,858 and their total compensation is $613,091.
Official website here: www.dallasfoundation.org
What is the revenue of The Dallas Foundation?
The Dallas Foundation's revenue in 2022 was $149,681,480.
Official website here: www.dallasfoundation.org
Who are the executives of The Dallas Foundation and what are their salaries?
The average compensation at The Dallas Foundation during 2022 was $117,184. There are 31 employees and 1122 volunteers at The Dallas Foundation.
Here are 27 key members and their salaries (The Dallas Foundation's CEO's salary is $575,858 and their total compensation is $613,091):
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- Compensation: $575,858
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- Other: $12,184
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- Other: $25,552
- Compensation: $124,191
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- Other: $12,077
Official website here: www.dallasfoundation.org
Where can I find the form 990 for The Dallas Foundation?
The Dallas Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dallasfoundation.org
Learn more at the official website: www.dallasfoundation.org
Mission Statement of The Dallas Foundation
The Dallas Foundation, a leading philanthropic organization, brings together people, ideas, and investments in Greater Dallas. With a strong commitment to community development, the Foundation aims to help individuals and families in the area reach their full potential. By partnering with donor partners and focusing on impact, The Dallas Foundation invests in the community's greatest needs.
The organization's mission is multifaceted, with a focus on addressing key issues that can transform lives. The Dallas Foundation has adopted strategic priorities in the areas of ensuring a strong and healthy start in life, racial equity, family homelessness, and child and youth mental health. Through this holistic approach, the Foundation serves as a valuable resource to North Texas' nonprofit community, helping to build the sector's capacity and sustainability. Additionally, The Dallas Foundation acts as a fiscal sponsor, hosting several organizations and nascent initiatives in need of fund management.
In 2021, The Dallas Foundation committed more than $76 million in funding to charitable causes in the community. This investment has made a significant impact on various aspects of life in North Texas, contributing to improvements and visible progress. The Dallas Foundation's strategic priorities reflect a deep understanding of the needs of the community and a commitment to creating lasting change.
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Impact
October, 2024
The Dallas Foundation plays a vital role in enhancing the community's well-being by strategically investing in areas that address its greatest needs. By fostering collaboration among individuals, ideas, and investments, the foundation empowers families and individuals to achieve their full potential.
With a focus on critical issues such as ensuring healthy beginnings for children, advancing racial equity, combating family homelessness, and promoting mental health for youth, The Dallas Foundation addresses systemic challenges that hinder progress. In 2021 alone, it contributed over $76 million in funding to charitable causes across North Texas, demonstrating a strong commitment to transformative solutions. The foundation not only stewards philanthropic resources but also strengthens the nonprofit sector's capacity and sustainability by serving as a fiscal sponsor for emerging initiatives that require financial management support. Through these efforts, The Dallas Foundation facilitates meaningful change and progress in the region.
This information is meant to be a general summary of The Dallas Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,202,157
- Gross Receipts: $439,934,806
Assets and Liabilities:
- Total Assets: $394,226,939
- Total Liabilities: $32,953,584
- Net Assets: $361,273,355
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Organization Details
Founding Year
2000
Phone
(214) 741-9898Principal Officer
Julie Diaz
Main Address
3000 PEGASUS PARK DR 930, DALLAS, TX, 75247
Website
www.dallasfoundation.orgNTEE Category
Code: T31 - Philanthropy
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