Waco Foundation's Investment Committee meets regularly to oversee the portfolio investments of the Foundation.

Waco Foundation Vital Stats

Founded in 1958, our mission is to make a positive difference in the lives and future of the people in Waco and McLennan County through grantmaking, promotion of community philanthropy, and support of the not-for-profit sector.

By the Numbers (as of March 31, 2011)

  • Total Assets Under Management: $63,408,938
  • Grants Authorized in 2010: $3,504,671
  • Grantmaking as a percentage of assets: 5.5%
  • Number of funds: 151
  • Average Fund Size: $417,098
  • Gifts to The Waco Foundation in 2010: $4,757,964
  • Investment Returns (June 2011):

         1-year: 22%

         3-year: 4.2%

         5-year: 4.3%

         7-year: 4.6%
  • Operating Expenses: 0.53% of total assets
    • Staffing:

           Executive Director: Ashley Allison

           10 full-time employees and 3 part-time employees
  • IRS E.I. Numbers:

         74-6054628 (Waco Foundation)

         74-2783048 (WF Assets, Inc.)
  • IRS Form 990 is available at our office and by subscription on Guidestar.
  • Serving Waco and McLennan County, Texas
    • 1105 Wooded Acres Drive, Suite 701, Waco, Texas 76710
    • Office hours Monday thru Friday 9:00 a.m. to 5:00 p.m.
    • Telephone: 254-754-3404
    • Facsimile: 254-753-2887
    • MAC Program: 254-752-9457