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2021 REPORT TO THE COMMUNITY
Dear Friends, 2021 was another year for the books. While COVID-19 continued to strain our hospitals, schools and economy, our donors and nonprofit leaders doubled down to address immediate needs and develop solutions for the longer-term challenges we face. When the ice storm hit in February, your support for the Better Together Fund helped families keep food on the table and get the lights back on. Donors focused on our economic future stepped up to provide Tarrant To & Through (T3) with catalytic funding to create pathways to college and career success. They also provided a half-million dollars to local leaders working to create a more equitable community through the Fund to Advance Racial Equity. We welcomed 46 new funds into the NTCF family and were honored to develop legacy plans for new friends and old. All told, our donors’ generosity enabled the Foundation to grant nearly $30 million to high-performing nonprofit organizations and exceed $500 million in assets in 2021. Behind these numbers are stories of people who bring tremendous passion to their giving, leveraging their creativity and strategic thinking to help organizations deepen their impact. As we celebrate our 40th anniversary, we’re humbled by the positive change created by our donors’ charitable investments. By working together, we are creating a better future for individuals and communities in North Texas. Thanks to you, we’re here for good, forever.
ROSE BRADSHAW PRESIDENT & CEO
STEWART ALCORN BOARD CHAIR
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THE FOUNDATION FOR GOOD
Maximizing Philanthropic Impact Private Foundation opts for streamlined solution For John Snyder, success is about more than bank accounts and dollar signs. It’s about making the largest charitable impact in the most strategic and efficient way possible. Since its inception in the early 80’s, the Nancy and John Snyder Foundation supported nonprofits that protect our most vulnerable neighbors, particularly those that do so through a “Had I known how faith-based approach. After nearly three decades easy it would be, I would of managing his private foundation, John began to consider other vehicles for his giving. have converted to a donor Through his research, John discovered that the Community Foundation could help accomplish his charitable goals — without the administrative and compliance burdens of managing a private foundation. In 2015, he converted his family’s foundation into a donor advised fund at NTCF. Grants from the Fund continue to support highperforming organizations addressing critical needs in Tarrant County, such as Catholic Charities of Fort Worth, The Center for Transforming Lives, Presbyterian Night Shelter, Union Gospel Mission, and many more.
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advised fund sooner. NTCF’s team took stress off my shoulders and strengthened our charitable giving.” JOHN SNYDER
John Snyder at the Center for Transforming Lives
THE FOUNDATION FOR IMPACT
Building Economic Success in Fort Worth Fundholders invest today in the talent of tomorrow Today, 65% of jobs in North Texas require a postsecondary credential, yet only 39% of adults in Tarrant County possess an associate degree or higher. The Tarrant To & Through Partnership (T3) creates opportunities for Tarrant County students to obtain the postsecondary credentials necessary for a thriving career. By helping students navigate educational options and explore career development opportunities, T3 is building economic success throughout the region. Since its inception, over 8,000 students across six Fort Worth ISD high schools have opted into the program. In 2021, the first cohort of T3 scholars graduated high school and 936 of those students enrolled at a T3 partner college or university.
“Students sitting in classrooms today in Tarrant County are the workforce of tomorrow. The right resources – information, mentors, funding – can make sure Tarrant County is brighter and better than we’ve ever been before.”
To date, North Texas Community Foundation fundholders have granted over $630,000 to ensure that more students will be given the opportunity to achieve lifelong career success. OUR THANKS TO THE NTCF DONORS WHO HAVE SUPPORTED T3: The Coltharp Fund Robert A. & Jane W. Ferguson Charitable Fund Chesapeake Scholarship Fund Giving for Lives & Loves Fund Heath Family Charitable Fund Barbara and Michael Jiongo Charitable Fund Martha V. Leonard Fund 4
Lowy Family Charitable Fund Sandra McGlothlin Family Fund NTCF Anonymous Fund NTCF Community Impact Fund Lisa & Burch Waldron Charitable Fund Wilkes Family Charitable Fund Jack W. & Paula J. Winter Charitable Fund
MATTIE PARKER, MAYOR, CITY OF FORT WORTH
Mayor Mattie Parker and Jay McCall with The Tarrant To & Through Partnership (T3)
THE FOUNDATION FOR COMMUNITY
We are Better Together Rapidly mobilizing grants strengthens a community in crisis The Better Together Fund, launched in 2020, has granted more than $1 million to support projects focusing on community recovery, including education, workforce development, service industry support, medical and mental health care, and other basic needs. With the support of generous donors, the Fund rapidly mobilized grants to 39 organizations addressing the effects of the pandemic and winter storm of 2021 — setting us on the path to economic recovery. In the months and years ahead, the Fund will be used to quickly deploy funds as needed in times of crisis.
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“After the troubled times brought on by the pandemic, the winter storm in February 2021 hit struggling families hard. The Better Together grant allowed us to go above and beyond to support our clients.” STACI MARKWARDT,
CEO, PARKER COUNTY CENTER OF HOPE
Students participating in the Parker County Center of Hope’s CareersNOW Construction program
THE FOUNDATION FOR THE FUTURE
A Legacy of Giving Ensuring longevity for the causes we care about most Always striving to make a difference where it is needed most, Sally Werst McKeen’s life has been defined by her unwavering support for the community. More than just a donor, Sally has volunteered as a board member for over 30 nonprofit organizations, including Tarrant Area Food Bank, Leadership Fort Worth, Cancer Care Services and North Texas Community Foundation. Her father’s need for hospice care led Sally to become a driving force in creating Community Healthcare of Texas – the largest nonprofit hospice provider in the state.
“It’s important for me to give to causes I care about so that my favorite health and human needs nonprofits can carry on in providing much-needed services to our community.” SALLY WERST MCKEEN
Today, Sally honors her parents’ legacy of giving by managing the endowed Doris C. and Harry K. Werst Fund. She also utilizes her personal fund at the Community Foundation to strengthen area nonprofits, respond to community needs and support veteran organizations in memory of her late husband, Major General Chet McKeen. As a Legacy Society donor, Sally finds peace of mind knowing that a portion of her own estate will continue to ensure the longevity of the organizations and causes she supports – long beyond her lifetime.
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THE FOUNDATION FOR CHANGE
Strengthening Community Connections How one fund is building a more equitable future for North Texans The Fund to Advance Racial Equity (FARE) was formed in 2020, thanks to the generosity of our fundholders, to support nonprofits and municipal entities working to achieve a more equitable community for all. To date, the Fund has delivered more than a half-million dollars in grants to help increase trust between residents and law enforcement, heal historic divides and develop new relationships in the community. Together with grantee organizations, the Fund hopes to create a community where all residents can learn, work, and further contribute to a healthy, thriving and prosperous place to call home.
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“As a grassroots organization, our FARE grant bolstered our ability to provide programming and events, like Opal’s Walk for Juneteenth, that brought people together across racial boundaries and fostered unity.” DIONE SIMS, PRESIDENT, UNITY UNLIMITED
Lisa Goodwin, Angela White, Opal Lee, Dr. Yvette Wingate and Dionne Sims at Unity Unlimited
THE FOUNDATION FOR POSSIBILITY
Professional Advisor Highlights Professional Advisor of the Year: Carla Thompson Managing Director – Wealth Management UBS Financial Services Inc.
Professional advisors are vital to North Texas Community Foundation’s efforts to strengthen our region through charitable giving. In fact, investment advisors, attorneys and accountants refer more than 80 percent of new donors to the Foundation. Together, we develop custom and tax-efficient giving plans for their clients. In recognition of these important relationships, every year the Foundation names a Professional Advisor of the Year. We are pleased to honor Carla Thompson as our 2021 Professional Advisor of the Year. Since 1996, Carla and her team at UBS have provided a wide range of expert investment services to the Foundation. Thanks to her partnership and deep commitment, we are able to maximize the impact of our fundholders’ contributions to the causes they care about most.
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We thank the professional advisors with whom we worked to serve clients in 2021. MICHAEL APPLEMAN, JD Cantey Hanger LLP MICHAEL V. BOURLAND, JD Bourland, Wall & Wenzel PC RICK CALLIHAN Bank of Texas LISA CURNUTT, JD PlainsCapital Bank ELLEN DICKERSON, JD Benenati Law Firm PC WILLIAM L. DISMUKE, JD Dismuke & Waters PC TENA G. FOX, JD Leach Fox Law PC RONALD A. FOXMAN, JD Higier Allen & Lautin PC BILL GAMMILL, CFP®, CLU CBG Wealth Management ROBERT GINSBURG, JD McDonald Sanders PC LAURA L. HALEY, JD The Blum Firm PC
MEGAN HUGHES, JD Bank of Texas DELORIS HUMMEL, CFA Bank of Texas JOHN R. HUNTER, JD, CPA The Blum Firm PC MELISSA KIRTLEY Bank of Texas RACHEL ANDERSON MALONE, CRPC® Merrill Lynch Wealth Management JEFFREY N. MYERS, JD Bourland, Wall & Wenzel PC STEPHEN PFEFFER, CFP ® Merrill Lynch Wealth Management RACHEL SALTSMAN, JD The Blum Firm PC CANDACE SCHOLZ, CFP ® Aspen Wealth Management MICHAEL W. SWEET, JD Brackett & Ellis PC JOSEPH D. TAYLOR, CPA JTaylor & Associates LLC
SHELLI A. HARVESON, JD KAREN TELSCHOW Brown Pruitt PC JOHNSON, JD LAURA M. HIGH, CFP® Telschow Johnson RBC Wealth Management Law PLLC ANNE HOLLAND, CFP ® CARLA THOMPSON Plan + Tactics LLC UBS Financial Services Inc. DAVID TRACY, JD Cantey Hanger LLP
THE FOUNDATION FOR GROWTH
Financials & Investments INVESTMENT MANAGERS
519 MILLION
29.6 MILLION
$
IN ASSETS
$
44 MILLION $
IN NEW GIFTS
ASSET GROWTH
IN GRANTS AWARDED
Luther King Capital Management Mason Investment Advisory Services Inc. OUTSIDE INVESTMENT MANAGERS Bank of America Bank of Texas Bernstein Global Wealth Management Commonfund Equitable Advisors First Financial Trust Holt Capital Advisors J.P. Morgan Legacy Financial Services Merrill Lynch Wealth Management Robert W. Baird & Co. Inc. The Capital Chartroom Tiedemann Wealth Management Wallace Capital Management UBS Financial Services Inc. U.S. Bank LEGAL COUNSEL
$313M 2017
2018
$322M $382M
2019
2020
2021
$422M $519M
Bourland, Wall & Wenzel PC AUDITORS Sproles Woodard LLP INVESTMENT COMMITTEE Chair Dan McCarthy, 2021-2022 Stewart Alcorn Brad Bourland Stephanie Brentlinger Smith Brownlie Mark Rich Joe Taylor 13
New Funds & Good Friends Welcome, New Funds Whether they opened a donor advised fund to give back to their favorite causes, a field of interest fund to support a special focus area, or an agency endowment fund to support their favorite nonprofit’s mission in perpetuity, our donors are making a positive and lasting impact in our community. Thank you for entrusting us with your charitable giving.
2021 NEW FUNDS Anonymous Fund (8)
R.J. Grogan, Jr. Family Fund
Andrews Family Charitable Fund
Hawkins Family Donor Advised Fund
Adams-Gibson Charitable Fund
The Holland Family Fund
Boys & Girls Clubs Martin Bldg Fund
Huckabee Charitable Fund
Boys & Girls Clubs Martin Scholars Fund
Beverly Ray Hudgins Designated Fund
Burning Daylight Fund
Steve & Lisa Hudgins Foundation Fund
DRM Charitable Fund
Caryn Hutchinson Charitable Fund
Fort Worth Sister Cities International
Jeremiah 29:11 Charitable Fund
Continuity Fund Sally & Chris Gavras Charitable Fund Geren Family Charitable Fund Mike & Becky Gerro Charitable Fund Giving for Lives & Loves Christine A. Miller & Gary H. Glaser Charitable Fund
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Malachi 3:10 Charitable Fund Louella Martin Charitable Fund Jack & Ruth McClung Endowed Fund McDonald Family Charitable Fund John & Patricia Monger Charitable Fund Dr. Scott & Kathi Myers Charitable Fund
Catherine & Patrick Polenz Charitable Fund Rainwater Cornerstone New Life Center 2 Fund REDI Fund Laura & Chris Rooker Charitable Fund Schaefer Family Fund Roxanne & Alan Shipman Family Charitable Fund Nancy Wilemon Smith Fund A Star Telegram Crossroads Lab Upton Family Charitable Fund Vinson Family Charitable Fund Women Inspiring Philanthropy Endowment Fund Yes, And Fund
Friends of the Community Foundation Our Friends ensure that North Texas Community Foundation is a lasting resource that improves the community’s well-being. We are grateful for their generosity and support. For more information, visit: northtexascf.org/become-a-friend. BENEFACTORS Stewart & Betty Alcorn
The Fash Foundation
The Mason Companies
Jane Rector
Robert D. & Catherine R. Alexander Foundation
Steven & Vickie Griffith
Daniel H. & Erika McCarthy
Alfred & Elia Saenz
Anonymous
Kelly & Bill Hanley
Phillip W. & Ann McCrury
Sproles Woodard L.L.P.
Ralph D. & Janet Heath
Sally Werst McKeen
Joseph D. & Lynnice Taylor
Anne & Barney Holland
Charles B. & Dana Milliken
Burch & Lisa Waldron
Johnson & Johnson
Dong & Thuy Nguyen
Mark & Tammy Walton
Nancy & Ross Jones
PennyMac Giving Fund
Scott D. Weaver
Adelaide B. Leavens
Buddy & Alice Puente
Julie H. & Gary Wilson
Live Oak Foundation
Gail Williamson Rawl
Carol J. & R. Denny Alexander Foundation
Charles Schwab & Co.
Bill & Pati Meadows
Tracy Rector & Greg Fitzgerald
Bill Behr
Brian & Tamara Cook
The Meadows Foundation
Beth Rivers & Woodrin Grossman
Kelly & Ashley Hein
Judy G. Needham
Marty Leonard
Doug & Jayne Orr
Connie Beck & Frank Tilley Rose & Kent Bradshaw Paul H. and Cleo Brandt Fund Glenn & Kim Darden John B. Esch
PATRONS
Jimmy & Cathy Campbell
SUPPORTERS Vicki & Darrel Andrews
Cindy & Jim Boyd
David & Nancy Deison
Gail & Bill Landreth, Jr.
Larry & Karen Anfin
Mike & Janet Burr
James B. & Margaret DeMoss
Rob & Deanna Miller
Anonymous (2)
Bill & Lucy Burris
Denise Dillow
Horatio & Angie Porter
Michael & Jen Appleman
Vicki & Greg Cantwell
Robert I. Fernandez, CPA
Valerie Skinner
Erika Beltrán & Hector Molina
Capital Chart Room
Jaimie Gonzales
David & Jerre Tracy
Mike & Susi Bickley
Tom & Diane Cravens
Mike & Jenny Herman
Libby Watson
Blackbaud Giving Fund
CyberGrants, Inc.
Gina Kinsey
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North Texas Community Foundation drives meaningful change through charitable investment. The Foundation helps donors meet the needs of our community by providing tax-efficient strategies to support the causes they care about most. We serve a network of generous individuals, families, and businesses intent on shaping the future of North Texas for good, forever.
Board of Directors 2021-2022 STEWART ALCORN | Chair
DANIEL H. MCCARTHY
JEFF ALEXANDER
ANNE HOLLAND | Vice Chair
PHILLIP W. MCCRURY
TOM CRAVENS
S. BROOK BELL
CHARLES B. MILLIKEN
CHRIS HUCKABEE
ERIKA BELTRÁN
HORATIO PORTER
BILL LANDRETH, JR.
STEPHANIE BRENTLINGER
BUDDY PUENTE
GARLAND M. LASATER
SMITH A. BROWNLIE, III
ALFRED SAENZ
ANN LOUDEN
JOSEPH DELEON
WILLIAM T. SLATER
JAMES B. DEMOSS
JEREMY SMITH
ROBERT I. FERNANDEZ
MARK WALTON
KELLY HANLEY ALLEN HODGES ADELAIDE B. LEAVENS MEGGIE LOWY MICHAEL S. MALLOY
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Chair Emeriti
777 Main Street, Suite 2850 | Fort Worth, Texas 76102 | 817.877.0702 | northtexascf.org
