Texas · Nonprofit
FOUNDATION COMMUNITIES INC
FOUNDATION COMMUNITIES INC (Texas) receives grants from 146 organizations whose IRS filings report $62,128,969 to it, the largest being ST DAVID'S FOUNDATION ($26,606,111). 83 of them have funded it in more than one year.
- Revenue FY2024
- $50M
- Funders on record
- 146
- Grants received
- $62M
- Net assets
- $187M
What Foundation Communities Inc does
Mission
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.
As stated on its FY2024 Form 990.
Programs
OPENING DOORS TO HOMES - AFFORDABLE HOUSING PLUS SUPPORTIVE SERVICESImprove community stability by providing affordable housing for low income residents(3,970 units at 28 affordable housing communities in Austin, Dallas-Fort Worth) Pursued new acquisitions of affordable housing. Case managers provide support to 224 families at or below 30% Median Family Income(CHI program) and 969 individuals living in our SRO communities, 50% of whom were formerly homeless. Case management supports promote housing stability, physical and mental health well-being. Services include access to basic needs, medical and behavioral health services, tools and supports to increase income,community building activities, parenting support, school advocacy and career case management. Property operations are reported at Group Affiliates Form 990 (Tax ID#74-2678601)
$13,875,825 spent53% of program spendingPROSPER CENTER PROGRAMS-TAX HELP, HEALTH COVERAGE, FINANCIAL WELLNESS & COLLEGE HUB Foundation Communities' Community Tax Help programs in Austin, Dallas and Arlington provided free income tax return preparation services for low-income taxpayers that received $40 million in tax refunds. More than 523 staff and volunteers prepared 27,092 tax returns. The Health Coverage program helped 5,717 people enroll in health insurance, claiming $32 million in premium tax credits. Using our Financial Wellness services, 260 residents received more than $240,000 in emergency rent or utility assistance funds and 214 residents enrolled in a program designed to improve their credit scores.
$5,266,920 spent20% of program spendingLEARNING IN A COMMUNITY503 children took part in free after-school and summer learning center programs for elementary and 77 participated in teen out of school time programs. Additionally, adults are provided with onsite and virtual ESL, digital literacy support, as well as college and career coaching. 386 adults participated in our Adult Education Programs, including 330 ESL, 56 Digital Literacy. The College HUB provided college support services to 996 students through individual appointments and secured $419,649 in grants and scholarships. The team facilitated or participated in 35 total community events, connecting with 2,857 total attendees with 104 Succeed students and 610 student appointments. Our Career Project served 179 individuals in the past year.
$4,543,985 spent17% of program spendingOTHER PROGRAM SERVICES 4: HEALTHY LIVING - Health and wellness supportive programming is provided at no cost to residents and the community. Services and programs include health education, physical fitness, on-site healthy food pantries, health screenings and vaccinations, and health coordination/chronic disease management through Community Health Workers and employee wellness programming. In 2023, 9,536 people participated in Health Initiatives programming which included 536 fitness and health education participants and 9,000 health and nutrition service participants. The food pantries provided 506,203 pounds of food in 2023. Additionally, 275 doses of flu vaccine and 77 does of COVID-19 vaccine were provided at on-site clinics. OTHER PROGRAM SERVICES 5: MISSION PLAZA furthers Foundation Communities' mission and ability to serve the community by providing affordable and collaborative office space for nonprofit partners in addition to onsite supportive service delivery to clients (financial stability, housing navigation, health initiatives). Mission Plaza serves as Foundation Communities' new headquarters and the location for the readily accessible flagship Prosper Center South, a…
$2,325,860 spent$537,767 earned by the program9% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $26,012,590.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $237M to $263M (+11%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 20% · 2018 16% · 2019 10% · 2020 12% · 2021 22% · 2022 11% · 2023 16% · 2024 16%. Grants only. Government contracts and fees sit inside program revenue.
63% of FOUNDATION COMMUNITIES INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Walter Moreau
Exec. Director
Board chair
Jewel Arrington
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 31 funders to 62 funders, grant income rose $5.6M → $12M.
26 of 146 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FOUNDATION COMMUNITIES INC’s funders (the co-funder graph). Top 30 of 146 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FOUNDATION COMMUNITIES INC leans on a few funders — its largest provides 43% of grant income and the top three 55%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOUNDATION COMMUNITIES INC.
Largest funder’s share by year: 2017 62% · 2018 27% · 2019 22% · 2020 52% · 2021 44% · 2022 48% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
53% of FOUNDATION COMMUNITIES INC's funders are still giving 3 years after their first grant; 57% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
83% of FOUNDATION COMMUNITIES INC's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $7.7M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FOUNDATION COMMUNITIES INC runs a healthier operating margin than three-quarters of the 818 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024
Government funding FOUNDATION COMMUNITIES INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $27.3M on record.
- Department of the Treasury$15.2M
- Department of Health and Human Services$10.5M
- Department of Housing and Urban Development$1.6M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like FOUNDATION COMMUNITIES INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 76 related entities
- Fc Highway 71 Housing LLC · disregarded
- Fc Sola Housing LLC · disregarded
- Fc Lakeline Housing LLC · disregarded
- Fc 4 Points Housing LLC · disregarded
- Fc Tilley Housing LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for FOUNDATION COMMUNITIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FOUNDATION COMMUNITIES INC?
- FOUNDATION COMMUNITIES INC (Texas) receives grants from 146 organizations whose IRS filings report $62,128,969 to it, the largest being ST DAVID'S FOUNDATION ($26,606,111). 83 of them have funded it in more than one year.
- How many funders does FOUNDATION COMMUNITIES INC have?
- IRS filings report 146 organizations giving $62,128,969 in grants to FOUNDATION COMMUNITIES INC, 83 of which have funded it in more than one year.
- Who is the largest funder of FOUNDATION COMMUNITIES INC?
- ST DAVID'S FOUNDATION is the largest funder on record, with $26,606,111 in grants. The full list of funders is on this page.
- How can an organization like FOUNDATION COMMUNITIES INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Foundation Communities →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 146 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing