2025 Report to the Community by North Texas Community Foundation

The Foundation for the Future

Letter From

Our Leadership

Dear Friends,

Forty-five years ago, North Texas Community Foundation was founded by a small group of civic leaders committed to shaping the future of our region. Because of you, that commitment has produced more than $550 million in grants strengthening communities across our region and beyond.

Everything we do is made possible by our wonderful fundholders. In 2025, donors established 43 new funds, creating new pathways for impact today and tomorrow. We also partnered with individuals and families to develop legacy plans that will carry their charitable intent beyond their lifetimes and create impact for generations to come.

This past year was a milestone. Together, we reached a record $67 million in grantmaking, a 42% increase over the year prior. Your generosity met urgent needs while also advancing long-term progress. Nonprofits expanded access to the arts, strengthened neighborhoods, created education pathways and supported economic opportunity.

Our 45th anniversary also marks the start of a new strategic plan focused on deepening local impact, strengthening partnerships and stewarding your charitable resources with care. The plan is designed to help the

Foundation fulfill our core mission: honoring donor intent while meeting our community’s most urgent needs and investing in its most promising opportunities.

Thank you for your trust and partnership. Together, we are building the foundation for the future.

With gratitude,

ROSE BRADSHAW PRESIDENT & CEO MEGGIE LOWY BOARD CHAIR

Beverly Hudgins Ray Parkhurst

Beyond a Lifetime

How One Gift is Creating Impact for Generations

Legacy is not defined solely by what we accomplish in a lifetime, but by the lasting impact we create for the communities and causes we care about long after we are gone.

In 2025, North Texas Community Foundation received the largest gift in its history—an estate gift of more than $100 million from Beverly Hudgins Ray Parkhurst. In an extraordinary act of trust, her deeply intentional legacy was designed to create meaningful impact for generations to come.

Born in Fort Worth, Beverly was a successful entrepreneur known for both her business acumen and impeccable style. She earned a degree in business administration from Texas Christian University and successfully led multiple businesses throughout her career, including the Balboa Bay Club in Newport Beach, California, and her cherished antique store, Beverly & Company.

As Beverly considered the legacy of her estate, she intentionally ensured her support of the community would live

“Bev’s gift is a true testament to the power of philanthropy and the enduring impact one person can have on an entire community.”

ROSE BRADSHAW

President & CEO of North Texas Community Foundation

on through permanent, endowed funds. Beverly’s confidence in NTCF’s long-term stewardship and ability to honor donor intent led her to entrust her entire estate to the Foundation. Her estate gift established five permanent, endowed funds—each created to shape positive change long after her lifetime.

As the steward of her legacy, NTCF ensures these funds transform Beverly’s generosity into sustained, long-term community impact.

Beverly’s endowed funds support animals, the arts, young women’s education, historic preservation, land conservation, and vulnerable populations.

A Catalyst for Change

Improving Maternal Health Outcomes Through Early Action and Collective Impact

In North Texas, mothers are facing higherthan-average maternal mortality rates. These tragic maternal health outcomes are compounded by fragmented systems, limited coordination, and gaps in access to services.

To address this crisis, Fort Worth Mayor Mattie Parker called on North Texas Community Foundation to bring community leaders together to better understand the issue. In 2023, healthcare providers, nonprofits, and local organizations began convening to examine the challenges and identify opportunities for collaboration. These early conversations facilitated by NTCF laid the groundwork for the Tarrant County Maternal and Infant Health Coalition—an aligned network focused on improving outcomes for mothers and babies in our community.

Building on this momentum, generous NTCF fundholders made an early investment in 2024 through the Foundation’s Fund for Good, providing $250,000 to support a pilot project with Best Place for Kids’ Parent Pass app. The pilot expanded access to critical resources for families, testing a practical, scalable solution while demonstrating the impact that targeted, early funding can have when paired with strong collaboration.

That combination of convening and pilot investment proved transformative for our community. These efforts ultimately led to the launch of the $25 million North Texas Maternal Health Accelerator. Now

“ We

recognize the immense value of this initiative in fostering sustainable, systemic change in maternal health care delivery.”

STUART D. FLYNN, M.D.

Founding Dean of the Burnett School of Medicine at TCU

operated by the Anne Burnett Marion School of Medicine at TCU in partnership with UT Southwestern Medical Center, the accelerator is advancing innovative, datadriven solutions to improve maternal health outcomes across the region.

By bringing partners together early and investing strategically, the Foundation helped transform shared concern into collective action to create lasting change in our community.

Thank you to the generous NTCF donors who supported the pilot project:

Alann P. and Charles F. Bedford Endowment Fund

Susi and Mike Bickley Charitable Fund

Smith A. Brownlie III Charitable Fund

The Conerly Family Fund

DRM Charitable Fund

GWR Foundation Fund

Lowy Family Charitable Fund

Savannah Petronis and the Baird Foundation, Inc.

The Sharon Ann McCulloch-Wells and John W. Wells Endowed Fund

NTCF’s early convening and pilot investment through the Fund for Good helped transform collaboration into a $25 million North Texas Maternal Health Accelerator—demonstrating the power of collective action to drive lasting impact.

Photo Courtesy of the Burnett School of Medicine at TCU

Where Education Meets Opportunity

Investing in Career Training Across Arlington ISD

For the past four decades, Dan and Linda Dipert have invested their resources in the Arlington community they call home. Though both are transplants to DFW—Linda from California and Dan from Arkansas—their long-standing commitment to Arlington reflects a genuine dedication to the community that has shaped their lives.

As fundholders at North Texas Community Foundation, Dan and Linda use philanthropy to support the causes they care about most, with education at the center of their giving. They are longtime supporters of both the University of Texas at Arlington and the Arlington ISD Foundation, aligning their resources with initiatives that strengthen learning pathways and expand access for students across the city.

Their community impact has been solidified with the Dan Dipert Career and Technical Center, a state-of-the-art facility serving students from all six Arlington ISD high

“Talent is equal, opportunity is not. This center ensures every student has equal access to a clear path to success.”

DAN DIPERT

schools. The center serves approximately 4,800 students every two days and offers a wide range of career and technical programs that prepare students for both higher education and the workforce.

Looking to the future, the Career and Technical Center is expanding to meet growing demand. Scheduled to be completed in September 2026, the newly renovated center will help ensure even more Arlington students have access to the training, resources, and opportunities needed to build successful futures.

Through their fund at NTCF, Dan and Linda Dipert support education initiatives that expand opportunity for Arlington students—helping prepare the next generation for college, careers, and beyond.

Linda and Dan Dipert at the Dan Dipert Career and Technical Center

Maria Crane, Fort Worth Report/CatchLight Local/ Report for America

Building Shared Understanding

How Local Reporting Strengthens Nonprofits

Recognizing the critical role journalism plays in strengthening communities, North Texas Community Foundation made a strategic investment in 2025 to fund a full-time reporter at the Fort Worth Report dedicated exclusively to covering nonprofit organizations and community impact.

Nonprofits across North Texas are doing vital work every day, yet many lack the capacity to consistently tell their stories or broadly share information about the services they provide and the needs they address. Dedicated reporting helps close that gap by bringing visibility to nonprofit efforts, elevating community challenges, and ensuring timely, accurate information reaches residents, funders, and community leaders alike.

This work also reflects NTCF’s broader commitment to capacity building by supporting nonprofits with the tools, visibility, and infrastructure they need to be more effective. Rather than strengthening a single organization, the investment bolsters

“

The nonprofit sector shapes our community in powerful ways, and the nonprofit reporter will bring greater insight and visibility to that work.”

WES TURNER Co-Chair,

Fort Worth Report Board

the nonprofit sector as a whole, reinforcing the ecosystem that allows mission-driven work to thrive.

By investing in local journalism, NTCF is helping ensure that nonprofit stories are told, community needs are visible, and residents are better connected to the resources that support a stronger, more informed North Texas.

NTCF’s support for local journalism extends beyond supporting reporting. By holding the fund for the Press Forward North Texas Chapter, the Foundation is helping donors invest in long‑term capacity for strong, independent nonprofit journalism across the region.

2025 Highlights

Community Matters

2025: Where Impact Takes Root

NTCF hosted our annual Community Matters event on March 7th at The Crescent Hotel. The 2025 program, featuring Mayor Mattie Parker, Ken Schaefer and Patrick Newman, highlighted conservation efforts underway to protect our region’s green spaces.

Fort Worth Team Learns National Best Practices to Strengthen Local Impact

Our team participated in the Economic Mobility Action Network cohort, a hands-on learning experience that included visiting cities across the country to learn best practices in affordable housing, job creation and community development. Collaborating with peers nationwide, we refined our approach to strengthening our region for the long haul. The cohort was funded by the Bill & Melinda Gates Foundation.

Legacy Society Luncheon: The Flora Fund

In October, NTCF hosted our fourth annual Legacy Society Luncheon, honoring the 134 donors who have entrusted us to carry out their charitable intentions beyond their lifetimes. We also celebrated the impact of the late Dr. Flora Brewer, whose legacy continues to advance compassionate solutions for people experiencing homelessness.

Ella C. McFadden Endowment: Celebrating 40 Years of Impact

2025 marked the 40th anniversary of the Ella C. McFadden Endowment Fund. Since 1985, the fund has awarded more than $37 million to 13 local nonprofits, supporting education and human services throughout Tarrant County and carrying on Mrs. McFadden’s legacy of generosity.

BEACON Fund: Strengthening Neighborhoods by Expanding Opportunity & Access

Through the inaugural cycle of the BEACON (Building Economic Access, Community, Opportunity & Networks) Fund, NTCF awarded $590,500 in operating support to 22 nonprofit organizations working to improve quality of life through affordable housing, employment programs and other strategies that help commerce, culture and community thrive in historically disinvested neighborhoods across Tarrant County.

INVESTMENT MANAGERS

Luther King Capital Management

Mason Investment Advisory Services, Inc.

OUTSIDE INVESTMENT MANAGERS

Bank of Texas

Capital Creek Partners

The Capital Chartroom

CF Private Equity, Inc.

Equitable Advisors

First Financial Trust

Holt Capital Partners

J.P. Morgan

Legacy Financial Services

Merrill Lynch Wealth Management

mForce Capital

Morgan Stanley Wealth Management

Raymond James

Robert W. Baird & Co. Inc.

Tiedemann Wealth Management

Wallace Capital Management

UBS Financial Services, Inc. LEGAL COUNSEL

Bourland, Wall & Wenzel, P.C.

Sproles Woodard, L.L.P.

INVESTMENT COMMITTEE

Stewart Alcorn, Chair

Brad Bourland

Smith Brownlie

Crystal Flores

Kelly Hein

James R. Hille

Mark Rich

Joseph D. Taylor

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 building a stronger community. As we celebrate 45 years of helping donors achieve their charitable goals, these new funds continue a legacy of impact that shapes North Texas’s future.

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Artificial Intelligence in Neurodegeneration Fund

Azle Library Fund

BEACON Fund

R.A.B. Foundation

Cristina and Collin Bird Charitable Fund

Laura and Greg Bird Charitable Fund

Carvalho Family Foundation

Chasing the Tide Fund

Sharon and Dan Cooper Charitable Fund

The Dash Pass Fund

Education for Young Women Fund

Entrepreneurs Business Education Fund

Good Samaritan Administrative Fund

Good Samaritan Fund for Elder Care

Good Samaritan Fund for TWU-Nursing

Frances and Bob Hasty

Memorial Foundation

Hille Family Charitable Foundation

Historic Preservation Fund

Marilyn Brachman Hoffman Chemical Sensitivity Fund

Mabry Family Charitable Fund established by Kyle W. Mabry

Malloy Family Charitable Fund

J. Parker McBride Charitable Foundation

McKay Family Charitable Fund

Meagher Family Charitable Fund

Marilyn and Tom Newman Family Charitable Fund

Nancy and David E. Parker Charitable Fund

Ranelle-Boothby Family Charitable Foundation

Beverly Ray Historic Preservation Fund

Ray Estate Garden and Land Conservation Fund

Charlotte and John Robinson Charitable Fund

Shideler Family Foundation

TWP Building Fund

Van Zandt Cottage Friends Fund

Vulnerable Populations Fund

Gary L. Wilson Photography Contest Fund

Professional Advisor Highlights

Lifetime Achievement Award: Michael V. Bourland Founding Shareholder, Bourland, Wall, & Wenzel, PC

In celebration of NTCF’s 45th Anniversary, we are proud to honor Michael V. Bourland with the Lifetime Achievement Award in recognition of decades of leadership and service that have left a lasting imprint on both the Foundation and the region’s philanthropic landscape. The Lifetime Achievement Award celebrates a career of sustained influence— honoring advisors whose long-term dedication has helped shape the very foundation of charitable giving in our community.

As founding shareholder of Bourland, Wall & Wenzel, P.C., Mike has spent decades guiding individuals, family enterprises, and nonprofits through

the complexities of business, tax, estate planning, charitable giving, and governance. His distinguished legal practice reflects a deep commitment to helping clients steward resources wisely and create lasting community impact. For 43 years, he has also provided legal counsel to the Community Foundation on a pro bono basis, helping to strengthen, protect, and advance the Foundation’s mission through his steadfast service.

A Fort Worth native, Mike earned degrees from Baylor University and the University of Miami and served as a Captain in the U.S. Air Force JAG Corps. Admitted to the Texas Bar in 1969 and Board Certified in Estate Planning and Probate, he has held leadership roles with major legal and professional organizations statewide and nationally.

Beyond professional accomplishments, Mike has impacted the next generation of advisors through decades of teaching and speaking at universities and leading professional associations. His expertise, generosity, and leadership have strengthened philanthropic practice across Texas and beyond.

We thank the professional advisors with whom we worked to serve clients in 2025

HEIDI ANGEL, JD

Jackson Walker, LLP

ALEX ARMSTRONG, CFP ® UBS

MICHAEL V. BOURLAND, JD, LLM

Bourland, Wall & Wenzel, P.C.

SMITH A.

BROWNLIE III, CPA Cotton Creek Capital

BRADLEY G. BRUCE, CEPA®, CIMA®, CPFA, CPWA® mFORCE Capital

LEAH COLLETTE, CTFA Bank of Texas

KANDICE R. DAMIANO, JD, LLM, CPA

The Blum Firm, P.C.

DAVID R. DAVIS, CPA

David R. Davis & Associates, P.C.

CORY M. DOWELL, CFP ® UBS

DAVID P. DUNNING, JD

Bourland, Wall & Wenzel, P.C.

TENA G. FOX, JD

Leach Fox Law, P.C.

DAVID J. GOODMAN, JD

Bourland, Wall & Wenzel, P.C.

HAYDEN T. GRAHM, CPA

JTaylor & Associates, LLC

JENNIFER GRAMMER, CPA Whitley Penn

ALBON O. HEAD, JR., JD Jackson Walker, LLP

RYAN HEATH, JD TrustPoint Legal, PLLC

KELLY R. HEIN, JR., CPA

D3G Capital Management, LLC

ANNE HOLLAND, CFP ® Holland-Dean Family Office Services

ROBERT M. HOLT, JR., CFA

Holt Capital Partners, LP

ROLAND JOHNSON, JD Harris, Finley & Bogle, P.C.

JASON JONES

Legacy Financial Services

KYLE KIGHT, CFA® UBS

KERRY A. KNOX

Merrill Lynch Wealth Management

TRUETT KNOX, CIMA®, CPFA®

Merrill Lynch Wealth Management

JIM LACAMP

Morgan Stanley

LINDSAY DANIEL

LIVESAY, JD

Strategic Fiduciary Consultants

ANN LOPEZ, JD

Wick Phillips

JACOB MALLISON, CFP ®

Merrill Lynch Wealth Management

RACHEL A. MALONE, CRPC®

Merrill Lynch Wealth Management

CHERYL MCCARSON

mFORCE Capital

DANIEL H. MCCARTHY, JD

Wick Phillips

PHILLIP W. MCCRURY, JD, LLM

Kelly Hart & Hallman, LLP

MARK L. MCLELAND, CPWA®, CIMA®, CPFA®

Merrill Lynch Wealth Management

JOHN W. MICHENER, JR., JD

Michener & Associates

CHARLES B. MILLIKEN, JD

Decker Jones, P.C.

DARREN B. MOORE, JD

Bourland, Wall & Wenzel, P.C.

RANDAL W. MOORE, JD

Cotten Schmidt

COLIN L. MURCHISON, JD

Jackson Walker, LLP

JEFFREY N. MYERS, JD

Bourland, Wall & Wenzel, P.C.

SARA NORMAN, JD Cantey Hanger, LLP

JAMIE PACKER, CIMA®, CPWA® UBS

SAVANNAH J. PETRONIS, CFP ®

Baird Private Wealth Management

CHARLES B. PROTHRO, CFP ® , AEP ®, CHFC®, CLU ®

Sparks Financial

JEREMY R. PRUETT, JD Bourland, Wall & Wenzel, P.C.

MALATHI RAVI, JD

Wick Phillips

ANDREW ROBINSON, CFP ®

Baird Private Wealth Management

RACHEL W. SALTSMAN, JD

The Blum Firm, P.C.

MEGAN SANDERS, JD

Bourland, Wall & Wenzel, P.C.

CANDACE L. SANDIFER, JD

Harris Cook, LLP

RANDALL L. SCHMIDT, JD Cotten Schmidt

STEPHEN SHANNON Colo Development Partners

SCOTT SIEKIERSKI, JD Siekierski Law, PLLC

KAYLA SMILEY Bank of Texas

JOSEPH D. TAYLOR, CPA JTaylor & Associates, LLC

CARLA THOMPSON UBS

GARY F. WESTENHOVER, JD

Gary F. Westenhover, Attorney at Law

HUNTER WOODY, CFP ® Bank of Texas

Board of Directors 2025 ‑2026

Built on the leadership of dedicated community volunteers, our board carries forward the vision that shaped the Foundation’s earliest days while guiding its future. Their expertise and service help ensure donor intent is honored and every investment strengthens our community for the long haul.