A Letter From Our Leadership:
Communities Foundation of Texas
What matters most? For us, it’s community.
With all we do, we seek to achieve our vision—our North Star—a thriving community for all. At CFT, our mission is to improve the lives of all people in our community by investing in their health, wealth, living, and learning. We work to make our mission and vision a reality by growing community giving, expanding community impact, and advancing community equity.
Since the pandemic began in March 2020, through collaboration with you and others, CFT has mobilized more than $300 million into the community through nonprofits, including $66 million through CFT’s 13th annual North Texas Giving Day in September. We have set records for our grantmaking during the pandemic. At the same time, thanks to you, and through the outstanding work of our staff, board, and Investment Committee, CFT has continued to grow, with new donors, new gifts, and increased assets.
CFT is proud to share that our assets have grown by 25% this past year, to nearly $1.5 billion. This accomplishment helps us drive even harder toward meaningful and lasting impact. Building thriving communities for all requires each and every one of us and will only be achieved through collaboration and partnership. Bold change requires bold action, and bold actions are much easier when you do not go it alone.
What you do matters. And what matters most to you, matters to us. And while we’ve never been more clear about our mission and vision, our goal and commitment to you remain the same—to help you help others. At CFT, we’re all about honoring and uplifting values, while accelerating the value of your generosity.
In this year’s annual report, we have highlighted several of our organizational values that align with our vision and showcase a number of our recent collaborative efforts with our charitable fund holders, partners, and nonprofit grantees. As you turn the pages and read about community, compassion, collaboration, leadership, legacy, and more, we hope you’ll see how these values are a part of the very fabric of Communities Foundation of Texas and the path to our North Star.
We welcome and appreciate your continued involvement and feedback as we work to do all we can to fulfill CFT’s mission and vision. If we haven’t yet had the opportunity to partner with you on values-based giving strategies, we hope you’ll reach out so we can help support what matters most to you.
Dave Scullin, President and CEO
Alfreda Norman, Chair, Board of Trustees