Mission
CREATING HOUSING WHERE FAMILIES SUCCEED. AFFORDABLE HOUSING WITH SUPPORTIVE SOCIAL SERVICES TO EDUCATE, SUPPORT AND IMPROVE THE FINANCIAL STANDING OF THE WORKING POOR AND THEIR COMMUNITIES.
Public Charity
FOUNDATION COMMUNITIES INC
FOUNDATION COMMUNITIES INC, of AUSTIN, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $50.0M in revenue, $34.1M in expenses, $262.9M in total assets. 226 publicly reported grants to this organization, totaling roughly $51.2M, appear in IRS filings.
EIN: 742563260
AUSTIN, TX
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$50.0M
Total Expenses$34.1M
Total Assets$262.9M
Grant Records226
Funding Total$51.2M
Filing Years2020–2024
Where $100 goes at Foundation Communities Inc
How Foundation Communities Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$78
Programs
the work itself
$17
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $78 for programs
$45
Opening doors to homes
$13
Learning in a community
$13
Prosper center programs
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 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$500,000
HEALTH ACCESS GRANT
$5,836,916
For grant recipient's exempt purposes
$849,200
PROGRAM OPS COST
$459,587
GENERAL SUPPORT
$447,500
Showing up to 5 of 226 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Andrew Clements
BOARD MEMBER
Angela Herron
SECRETARY
Angelique Goodnouqh
BOARD MEMBER
Anita Salmon
CFO
Ann Clift
BOARD MEMBER
Ayanna Burns
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $50.0M | $34.1M | $262.9M |
| 2023 | $41.3M | $30.2M | $236.6M |
| 2022 | $44.3M | $27.2M | $222.6M |
| 2021 | $44.1M | $25.5M | $201.8M |
| 2020 | $31.0M | $22.6M | $182.4M |
Between 2020 and 2024, reported annual revenue grew from $31.0M to $50.0M (+61%), with total assets most recently reported at $262.9M.
Interactive year-over-year charts and full filing details available with membership.