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Texas · Nonprofit

WACO FOUNDATION

WACO FOUNDATION (Texas) receives grants from 51 organizations whose IRS filings report $12,174,276 to it, the largest being MARK AND MARY ANN KAUFMAN FOUNDATION ($2,000,000). 29 of them have funded it in more than one year. WACO FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2025
$17M
Funders on record
51
Grants received
$12M
Net assets
$148M
29/51 repeat funders

Hosts funds for others

WACO FOUNDATION administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programWACO FOUNDATION runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$38M

Recipients

205

Contributions on record

$17M

Donors on record

52

Payments out run 2.3x the contributions on record, which says the incoming side is incomplete rather than that the vehicle is unusually busy: most donors to a fund like this are individuals, who file no return for us to read.

01The 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.

100 = 20172017 Revenue 100 ($9.6M) Expenses 100 ($4.9M) Net assets 100 ($80M)2018 Revenue 89 ($8.6M) Expenses 99 ($4.9M) Net assets 108 ($86M)2019 Revenue 162 ($16M) Expenses 114 ($5.6M) Net assets 121 ($97M)2020 Revenue 210 ($20M) Expenses 173 ($8.5M) Net assets 110 ($87M)2021 Revenue 92 ($8.9M) Expenses 137 ($6.8M) Net assets 145 ($116M)2022 Revenue 275 ($26M) Expenses 147 ($7.2M) Net assets 166 ($132M)2023 Revenue 122 ($12M) Expenses 153 ($7.5M) Net assets 159 ($126M)2024 Revenue 89 ($8.6M) Expenses 146 ($7.2M) Net assets 178 ($142M)2025 Revenue 174 ($17M) Expenses 254 ($12M) Net assets 185 ($148M)
'17'18'19'20'21'22'23'24'25
Revenue (174)Expenses (254)Net assets (185)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $88M to $116M (+32%).

$80M
$87M
$97M
$88M
$116M
$133M
$128M
$142M
$148M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$4.7M
’17
$3.7M
’18
$10M
’19
$12M
’20
$2.2M
’21
$19M
’22
$4.2M
’23
$1.4M
’24
$4.3M
’25
12
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

Ashley Allison

Executive Director

Board chair

Sherman Ayres

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed131212121312161513
Joined·+2+0+2+5+0+5+2+1
No longer listed·30241133
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 17 funders, grant income rose $1.2M → $1.3M.

9 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% 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: $4.3M from one payer (the payer shares this organization's board, largest Wf Assets Inc). These are real filings, and they are not money WACO FOUNDATION raised.

From the IRS filings of WACO FOUNDATION’s funders (the co-funder graph). Top 30 of 51 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.

Where its funders are

65% of WACO FOUNDATION's grant income comes from Texas funders.

WA
IL
MA
MO
DE
TN
NC
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. $3.9M arriving through sponsors registered in 8 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.

03Its place in the field
04Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 12%Fundraising 1%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

63%

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

Footprint & structure

Part of a family of 5 related entities

  • Wf Assets Inc - · exempt
  • Soldiers of the Wooden Cross LLC · exempt
  • Wf Realty Assets I LLC · exempt
  • Wf Realty Assets II LLC · exempt
  • Wf Realty Assets III LLC · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WACO 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 WACO FOUNDATION?
WACO FOUNDATION (Texas) receives grants from 51 organizations whose IRS filings report $12,174,276 to it, the largest being MARK AND MARY ANN KAUFMAN FOUNDATION ($2,000,000). 29 of them have funded it in more than one year. WACO FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does WACO FOUNDATION have?
IRS filings report 51 organizations giving $12,174,276 in grants to WACO FOUNDATION, 29 of which have funded it in more than one year.
Who is the largest funder of WACO FOUNDATION?
MARK AND MARY ANN KAUFMAN FOUNDATION is the largest funder on record, with $2,000,000 in grants. The full list of funders is on this page.
How can an organization like WACO 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 FY2025 (financials across 2017–2025), and the filings of 51 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