Nonprofit · EIN 75-2890371
THE DALLAS FOUNDATION
Tax-exempt · DALLAS, TX 75247
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $159,979,237 | $102,960,710 | $57,018,527 | $491,515,408 | $36,172,168 | $455,343,240 |
| December 31, 2023 | 990 | $100,631,947 | $84,795,799 | $15,836,148 | $429,083,554 | $30,564,167 | $398,519,387 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $127,238,467
- Program service revenue
- $0
- Investment income
- $32,461,173
- Royalties
- $259,610
- Net rental income
- $150,000
- Net gain from sales of assets
- $23,636,128
- Net income from fundraising events
- -$398,611
- Other revenue
- $279,597
Expenses
- Grants and similar amounts paid
- $90,645,841
- Compensation of officers, directors and key employees
- $969,559
- Other salaries and wages
- $2,909,556
- Salaries, compensation and benefits (total)
- $4,675,998
- Professional fundraising fees
- $111,385
- Legal fees
- $160,628
- Accounting fees
- $87,853
- Occupancy
- $403,301
- Travel
- $165,256
- Depreciation
- $56,673
- Program services (functional)
- $93,547,496
- Management and general (functional)
- $6,790,156
- Fundraising (functional)
- $2,623,058
Balance sheet and other
- Total assets, start of year
- $429,083,554
- Total assets, end of year
- $491,515,408
- Total liabilities, end of year
- $36,172,168
- Net assets, end of year
- $455,343,240
- Land, buildings and equipment
- $1,262,168
- Net assets without donor restrictions
- $356,848,025
- Net assets with donor restrictions
- $98,495,215
- Gross receipts
- $677,221,268
- Employees
- 27
- Volunteers
- 816
- Year formed
- 2000
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JULIE DIAZ | EXECUTIVE VP & COO Officer | 40 | $518,549 | $13,576 |
| TORREY LITTLETON | CHIEF FINANCIAL OFFICER Officer | 40 | $260,781 | $29,957 |
| GARY GARCIA | SR DIRECTOR, PHILANTHROPIC PARTNERSHIPS Highest-paid employee | 40 | $179,721 | $22,905 |
| ANGELA WOODSON | SENIOR DIRECTOR OF STRATEGIC INITIATIVES Highest-paid employee | 40 | $182,830 | $19,002 |
| DAWN TOWNSEND | VP MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $171,356 | $7,554 |
| KIMBERLY MONTEZ | DIRECTOR, GIFT PLANNING & FAMILY PHILANTHROPY Highest-paid employee | 40 | $158,343 | $18,017 |
| JESSICA WATTS | CHIEF PARTNERSHIP OFFICER Officer | 40 | $140,944 | $5,752 |
| MICHELLE SCHNEIDER | VICE PRESIDENT OF INFORMATION TECHNOLOGY Highest-paid employee | 40 | $132,599 | $13,492 |
| MARK OKADA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEREMY SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEFFEN FUCHS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH PHILLIPS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| AMBER SCANLAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TREVOR REES JONES III | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAIMEE EDDINGTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COURTNEY UNDERWOOD | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN SALKA | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM HAFER | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIDGET LOPEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE SCHLOESSER | BOARD MEMBER Trustee or director | 1 | $0 |
| LAEL MELVILLE | BOARD MEMBER Trustee or director | 1 | $0 |
| LYDIA ADDY | CHAIR Trustee or director, Officer | 3 | $0 |
| CHRIS LUNA | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| BOBBY BISOR | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JULIE DIAZ | EXECUTIVE VP & COO, INTERIM PRESIDENT & CEO Officer | 40 | $367,667 | $13,433 |
| MATTHEW RANDAZZO | PRESIDENT & CEO - TERM 7/2/23 Officer | 40 | $272,946 | $24,870 |
| TORREY LITTLETON | CHIEF FINANCIAL OFFICER Officer | 40 | $231,518 | $25,165 |
| DREXELL OWUSU | CHIEF IMPACT OFFICER Officer | 40 | $189,220 | $34,385 |
| GARY GARCIA | SR DIRECTOR, PHILANTHROPIC PARTNERSHIPS Highest-paid employee | 40 | $161,511 | $21,910 |
| KIMBERLY MONTEZ | DIRECTOR, GIFT PLANNING & FAMILY PHILANTHROPY Highest-paid employee | 40 | $149,216 | $14,532 |
| SAMANTHA WAKELAND | SENIOR DIRECTOR, FINANCE Highest-paid employee | 40 | $141,792 | $14,246 |
| DAWN TOWNSEND | VP MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $139,344 | $13,543 |
| ANGELA WOODSON | SENIOR DIRECTOR OF STRATEGIC INITIATIVES Highest-paid employee | 40 | $137,029 | $14,053 |
| AMBER SCANLAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BOBBY BISOR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CATHERINE ROSE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAIMEE EDDINGTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEREMY SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK OKADA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL SORRELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEFFEN FUCHS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TREVOR REES JONES III | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LYDIA ADDY | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| CHRIS LUNA | VICE CHAIR & SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 PEGASUS PARK DR 930, DALLAS, TX 75247-6203
- In care of
- % DALL
- Principal officer (990 for 2024)
- JULIE DIAZ, 3000 PEGASUS PARK DR 930, DALLAS, TX 75247
- Signed the 990
- TORREY LITTLETON, CFO
- Phone
- (214) 741-9898
- Website
- WWW.DALLASFOUNDATION.ORG
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
DALLAS FOUNDATION BRINGS TOGETHER PEOPLE, IDEAS AND INVESTMENTS IN GREATER DALLAS SO INDIVIDUALS AND FAMILIES CAN REACH THEIR FULL POTENTIAL.
Program accomplishments
- OVERVIEW:THE DALLAS FOUNDATION STEWARDS PHILANTHROPIC RESOURCES IN PARTNERSHIP WITH OUR DONOR PARTNERS AND FOCUSES ON IMPACT BY INVESTING IN OUR COMMUNITY'S GREATEST NEEDS. THE DALLAS FOUNDATION HAS FOCUSED ON FOUR KEY PROGRAM AREAS: 1. ENSURING A STRONG AND HEALTHY START IN LIFE, 2. ECONOMIC MOBILITY, 3. FAMILY HOMELESSNESS, AND 4. CHILD AND YOUTH MENTAL HEALTH. THROUGH OUR GRANTMAKING AND PARTNERSHIPS, WE AIM TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS ACROSS THE DALLAS AREA.IMPACT METRICS:IN 2024, WE AWARDED OVER $5.4 MILLION IN DISCRETIONARY GRANTS TO MORE THAN 150 NONPROFIT ORGANIZATIONS AND, IN PARTNERSHIP WITH OUR FUNDHOLDERS, A TOTAL OF APPROXIMATELY $93M. OF THESE GRANTS, 28% WERE DIRECTED TO EDUCATION-RELATED NONPROFIT ORGANIZATIONS FOR A TOTAL PHILANTHROPIC INVESTMENT OF OVER $25M IN THIS CAUSE AREA. ANOTHER $10M IN GRANTS FOCUSED ON NONPROFITS WORKING IN THE AREAS OF COMMUNITY AND NEIGHBORHOOD DEVELOPMENT. SUCCESS STORY:AS PLANNING FOR WHAT WOULD EVENTUALLY BECOME DALLAS' 2024 BOND PACKAGE BEGAN, THE DALLAS HOUSING COALITION (DHC) WAS FORMED. IN 2022, THIS GRASSROOTS, VOLUNTEER-POWERED GROUP OF MORE THAN 200 ORGANIZATIONS COMMITTED TO ADVOCATING FOR THE DEVELOPMENT AND PRESERVATION OF ATTAINABLE HOUSING IN THE CITY OF DALLAS, BEGAN ADVOCATING FOR THE CITY TO ALLOCATE UP TO $200 MILLION FOR ATTAINABLE HOUSING AND HOMELESS SOLUTIONS IN THE BOND PACKAGE. ULTIMATELY, THREE HOUSING-RELATED PROPOSITIONS TOTALING ABOUT $82 MILLION WERE PLACED ON THE MAY BALLOT. TO CULTIVATE WIDER COMMUNITY SUPPORT FOR HOUSING AND EVENTUALLY PROPOSITIONS G, H, AND I, THE SECTIONS OF THE BOND PACKAGE THAT ADDRESSED HOUSING AND HOMELESSNESS SERVICES, DHC NEEDED RESOURCES TO DEVELOP A COMMUNICATIONS CAMPAIGN. THE DALLAS FOUNDATION JOINED DALLAS AREA HABITAT FOR HUMANITY AND CHARLES SCHWAB BANK WITH A COMBINED $100K INVESTMENT OVER TWO YEARS, INCLUDING 2024, THAT ALLOWED THE GROUP TO ENGAGE EXPERTS TO BUILD THE CAMPAIGN AND THEN GO PUBLIC WITH THEIR MESSAGE. THE EFFORTS EQUIPPED RESIDENTS ACROSS THE CITY WITH SOCIAL MEDIA TOOLS, A WEBSITE, T-SHIRTS AND OTHER OPPORTUNITIES TO DEMONSTRATE THEIR SUPPORT. THAT INVESTMENT, IN TURN, YIELDED $82M OF BOND FUNDING THAT WILL BE DIRECTED TOWARD MIXED-INCOME/MIXED-USE HOUSING ($36.6M), AFFORDABLE HOMEOWNERSHIP DEVELOPMENT OPPORTUNITIES ($26.4M), AND PERMANENT SUPPORTIVE HOUSING AND RENOVATIONS TO THE BRIDGE HOMELESS RECOVERY CENTER, WHICH IS CITY-OWNED ($19M). FUTURE GOALS:LOOKING AHEAD, THE DALLAS FOUNDATION BEGAN PRELIMINARY STEPS TO DEVELOPING AN UPDATED STRATEGIC PLAN FOCUSED ON EXPANDING OUR IMPACT TOWARD ENSURING A STRONG AND HEALTHY START FOR AGES 0-5 AND IDENTIFYING DONOR AND COMMUNITY PARTNERSHIPS THAT ENSURE WE ARE EMPOWERING DALLAS COMMUNITIES THROUGH PHILANTHROPIC INVESTMENTS AND COLLABORATION.Expenses $93,547,496 · grants $90,645,841
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2890371
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $491,515,408
- Income (IRS master file)
- $677,221,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $159,979,237 | $102,960,710 | $491,515,408 | XML |
| 990 | December 2023 | $100,631,947 | $84,795,799 | $429,083,554 | XML |
| 990 | December 2022 | $149,681,480 | $97,933,717 | $394,226,939 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2890371).
Questions about THE DALLAS FOUNDATION
- What is the EIN of THE DALLAS FOUNDATION?
- The employer identification number (EIN) of THE DALLAS FOUNDATION is 75-2890371.
- Is THE DALLAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to THE DALLAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE DALLAS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE DALLAS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE DALLAS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE DALLAS FOUNDATION?
- The 990 for the year ended December 31, 2024 names JULIE DIAZ.
- Who are the officers and directors of THE DALLAS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 24 people; 8 received compensation from the organization, the highest $518,549 (JULIE DIAZ, EXECUTIVE VP & COO).
- How much revenue does THE DALLAS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $159,979,237, expenses of $102,960,710 and total assets of $491,515,408 at year end.
Other nonprofits in DALLAS
- COMMUNITIES FOUNDATION OF TEXAS EIN 75-0964565 · last filed 990 for 2025
- CARL AND MARILYNN THOMA EIN 46-5446388 · last filed 990-PF for 2024
- JOHN AND SUSAN WILDER FOUNDATION EIN 26-0281707 · last filed 990-PF for 2025
- DALLAS CENTER FOR THE PERFORMING ARTS FOUNDATION INC EIN 75-2890923 · last filed 990 for 2025
- DALLAS JEWISH COMMUNITY FOUNDATION EIN 75-2836123 · last filed 990 for 2025
- ADDY FOUNDATION EIN 47-2607515 · last filed 990-PF for 2025
- UNITED WAY OF METROPOLITAN DALLAS INC EIN 75-6005352 · last filed 990 for 2025
- TWF FOUNDATION EIN 83-2391107 · last filed 990-PF for 2024
All nonprofits in DALLAS · Texas · Philanthropy, voluntarism and grantmaking foundations