The Dallas Foundation

Analysis

The Dallas Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Dallas Foundation reported income of $100.6m and spending of $84.8m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $97.9m to $100.6m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Dallas Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Eric and Kelly Schwartz Charitable Trust ($99.7m), Distribution Cooperative Inc ($101.6m) and Robert R McCormick Foundation ($97.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $1.2m (1.4% of expenses). Other salaries and wages came to $2.7m. It paid $150k in professional fundraising fees. At year end it held assets of $429.1m against liabilities of $30.6m, net assets of $398.5m. It reported 29 employees.