Mission
THE MISSION OF WACO FOUNDATION IS TO PROMOTE SOLUTIONS TO COMMUNITY CHALLENGES, STRENGTHEN LOCAL NONPROFITS, ENGAGE PHILANTHROPISTS AND MANAGE CHARITABLE ASSETS IN ORDER TO IMPROVE QUALITY OF LIFE IN MCLENNAN COUNTY.
Public Charity
WACO FOUNDATION
Based in Waco, TX, WACO FOUNDATION operates as a Public Charity. The organization reported $16.8M in revenue, $12.5M in expenses, $148.4M in total assets for fiscal year 2025. Imperigo tracks 52 reported grant relationships connected to this organization totaling approximately $9.7M.
EIN: 746054628
Waco, TX
Community Foundations
NTEE: T31
Latest filing: 2025
Total Revenue$16.8M
Total Expenses$12.5M
Total Assets$148.4M
Grant Records52
Funding Total$9.7M
Filing Years2021–2025
Where $100 goes at Waco Foundation
How Waco Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$85
Programs
the work itself
$14
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $85 for programs
$66
This includes all other funds owned and managed by Waco Foundation - 269 designated, donor advised, scholarship, field of interest and discretionary funds
$9
Organizational mission" program
$7
Waco Foundation operating fund
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
$972,039
STRATEGIC
$160,000
Raise Community Voices
$150,000
STRATEGIC
$125,000
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
$100,000
Showing up to 5 of 52 total records — full history available with membership.
Officers & Directors
Trustee
Aaron Zimmerman
Executive Director
Ashley Allison
Trustee
Chris Mcswain
Trustee
Dillon Meek
CFO/COO
Isabel Weeden
Trustee
Kristen Mynar
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $16.8M | $12.5M | $148.4M |
| 2024 | $8.6M | $7.2M | $142.3M |
| 2023 | $11.8M | $7.5M | $127.5M |
| 2022 | $26.5M | $7.2M | $132.8M |
| 2021 | $8.9M | $6.8M | $116.0M |
Between 2021 and 2025, reported annual revenue grew from $8.9M to $16.8M (+89%), with total assets most recently reported at $148.4M.
Interactive year-over-year charts and full filing details available with membership.