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Texas · Nonprofit

Texas Business Hall of Fame Foundation

Texas Business Hall of Fame Foundation (Texas) receives grants from 48 organizations whose IRS filings report $3,194,046 to it, the largest being TING TSUNG & WEI FONG CHAO FOUNDATION ($1,010,000). 22 of them have funded it in more than one year.

Revenue FY2024
$2.0M
Funders on record
48
Grants received
$3.2M
Net assets
$7.2M
22/48 repeat funderspeak grant-dependency 43%
01What it does

What Texas Business Hall of Fame Foundation does

Mission

To recognize the accomplishments and contributions of our outstanding Texas business leaders and to perpetuate and inspire the values of entrepreneurial spirit, personal integrity, and community leadership in all generations of Texans.

As stated on its FY2024 Form 990.

Program

  1. For over 40 years, the Texas Business Hall of Fame Foundation (TBHFF) has sought to perpetuate and inspire the values of entrepreneurial spirit, personal integrity, and community leadership. Each year, TBHFF awards $15,000 awards to outstanding Texas college and university students and entrepreneurial veterans, encouraging them to put their talent, skills and entrepreneurial spirit to work in Texas. To date the Foundation has inducted more than 200 outstanding business leaders into the TBHF and awarded over $5,500,000 in scholarships to the "best of the best" Texas students and veterans. Continued on Schedule O

    $1,518,934 spentof which $592,000 as grants
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,518,934.

02The organization over time

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.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.5M) Net assets 100 ($5.9M)2018 Revenue 170 ($2.7M) Expenses 125 ($1.8M) Net assets 109 ($6.4M)2019 Revenue 124 ($2.0M) Expenses 130 ($1.9M) Net assets 123 ($7.2M)2020 Revenue 50 ($798k) Expenses 92 ($1.3M) Net assets 122 ($7.2M)2021 Revenue 101 ($1.6M) Expenses 127 ($1.9M) Net assets 131 ($7.7M)2022 Revenue 98 ($1.6M) Expenses 138 ($2.0M) Net assets 109 ($6.4M)2023 Revenue 113 ($1.8M) Expenses 134 ($2.0M) Net assets 116 ($6.8M)2024 Revenue 128 ($2.0M) Expenses 132 ($1.9M) Net assets 123 ($7.2M)
'17'18'19'20'21'22'23'24
Revenue (128)Expenses (132)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $7.8M to $6.4M (−17%).

$5.9M
$6.5M
$7.2M
$7.4M
$7.8M
$6.4M
$6.8M
$7.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

95% of Texas Business Hall of Fame Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$132k
’17
$895k
’18
$77k
’19
−$550k
’20
−$245k
’21
−$467k
’22
−$157k
’23
$110k
’24
1.4
months of
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

Meredith Walker

Executive Director

Board chair

John G Keeton

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed6157666157618582
Joined·+7+16+3+5+7+25+3
No longer listed·11789316
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 20 funders, grant income rose $84k → $588k.

7 of 48 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.7M from 12 payers (the payer shares this organization's board, largest Communities Foundation of Texas Inc). These are real filings, and they are not money Texas Business Hall of Fame Foundation raised.

From the IRS filings of Texas Business Hall of Fame Foundation’s funders (the co-funder graph). Top 30 of 48 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

Texas Business Hall of Fame Foundation has a broad base — no single funder exceeds 32% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

32%
largest funder
44%
top three
~8
effective funders

Largest funder’s share by year: 2017 42% · 2018 85% · 2019 25% · 2020 75% · 2021 25% · 2022 32% · 2023 26% — 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

37% of Texas Business Hall of Fame Foundation's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

95% of Texas Business Hall of Fame Foundation's grant income comes from Texas funders.

UT
DE
AZ
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $569k arriving through sponsors registered in 7 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.

04Its place in the field

Against its field

Texas Business Hall of Fame Foundation's funding base is broadening — from 4 funders to 20 as grant income climbed.

Operating margin5% · below the median
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like Texas Business Hall of Fame Foundation

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 15%Fundraising 7%

Governance

58
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Texas Business Hall of Fame Foundation: 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.

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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 Texas Business Hall of Fame Foundation?
Texas Business Hall of Fame Foundation (Texas) receives grants from 48 organizations whose IRS filings report $3,194,046 to it, the largest being TING TSUNG & WEI FONG CHAO FOUNDATION ($1,010,000). 22 of them have funded it in more than one year.
How many funders does Texas Business Hall of Fame Foundation have?
IRS filings report 48 organizations giving $3,194,046 in grants to Texas Business Hall of Fame Foundation, 22 of which have funded it in more than one year.
Who is the largest funder of Texas Business Hall of Fame Foundation?
TING TSUNG & WEI FONG CHAO FOUNDATION is the largest funder on record, with $1,010,000 in grants. The full list of funders is on this page.
How can an organization like Texas Business Hall of Fame Foundation 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.

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 48 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 14, 2026. What this page cannot tell you · view filing