2022 Report to our Community

2022 REPORT TO OUR

Together with our donors, North Texas Community Foundation granted a record-breaking $44 million in 2022 to 1,150 nonprofit organizations. We are pleased to share a few inspiring stories that show the incredible generosity of our community.

TABLE OF

CONTENTS

Letter from Our Leadership.................................................................................................................1 Conserve, Contribute, Create .............................................................................................................2 Supporting First Responders When They Need it Most ..................................................................4 Coming Together to Create a Brighter Future...................................................................................6 Permanent Supportive Housing: A New Future for Fort Worth’s Homeless Residents...............8 2022 Highlights.....................................................................................................................................10 Professional Advisor Highlights............................................................................................................12 Financials & Investments ......................................................................................................................13 New Funds..............................................................................................................................................14 Friends of the Community Foundation...............................................................................................14 Board of Directors.................................................................................................................................15

Dear Friends, After two years spent dealing with the fall-out from the pandemic, in 2022 local leaders focused their efforts on creating long-term, sustainable solutions and leveraging opportunities for our rapidly growing community.

Donors concerned about our economic future stepped up to provide the Tarrant To & Through Partnership (T3) with catalytic funding to create pathways to college and career success. Eight local universities joined the effort, pledging to bridge the financial gap for incomeconstrained students and their families.

Donors rallied around our community grant cycles, entrusting NTCF to invest $1.3 million in areas such as racial equity, land conservation, children and families, nonprofit capacity, animals and the arts. These grant cycles provided funding to 62 nonprofits across North Texas.

And when the City of Fort Worth presented the opportunity to provide permanent supportive housing for our most vulnerable residents, donors joined with local private foundations and raised $3 million to build 120 apartments for disabled Fort Worthians.

Everything we do is made possible by our wonderful fundholders. This year, we welcomed 22 new funds into the NTCF family and we were honored to develop legacy plans for new friends and old. All told, our donors’ generosity enabled the Foundation to grant a recordbreaking $44 million to high-performing nonprofit organizations in 2022.

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. We are 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

ANNE HOLLAND BOARD CHAIR

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THE FOUNDATION FOR

POSSIBILITY

Conserve, Contribute, Create How a gift from the Bowden Opportunity Fund is helping turn corporate waste into resources for schools In 2018, the Bowden Opportunity Fund granted over $1 million to 21 local nonprofits, the largest single grant cycle in North Texas Community Foundation’s history. One of those nonprofits, The Welman Project, was brand new.

Their first-ever grant from the Bowdens helped set the trajectory for The Welman Project for years to come.

Today, the nonprofit continues to fulfill its mission of

distributing surplus materials from local companies for creative reuse in Texas schools. In 2022, the organization expanded into “Dad’s Garage,” a makerspace for teachers and members of the community to meet, participate in workshops and more.

The Welman Project donated over $2.5 million in resources to 4,450 educators in 2022 alone.

“ The Bowden grant in 2018 enabled The Welman Project to hire its very first employee, allowing us to have regular hours of operation for the first time.

That gift was the launching point to where we are today, open five days a week for teachers to receive free materials. We’re so grateful to Don for being an early believer in our work and taking a chance on helping a young organization grow.”

T AYLOR WILLIS Executive Director, The Welman Project

DON AND LINDA BOWDEN BELIEVED IN GIVING BACK. THIS PHILOSOPHY motivated them to donate a portion of their closely held stock prior to the sale of their successful business, Wholly Guacamole/Fresherized Foods, to establish a fund at North Texas Community Foundation. Today, their fund carries on their legacy of generosity.

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Welman Project co-founders Vanessa Barker and Taylor Willis in the new Dad’s Garage makerspace 3

THE FOUNDATION FOR

GOOD

Supporting First Responders When They Need it Most How one fund continues to ease the burden on our brave men, women and their families To express his gratitude for Texas Safety Personnel, William Irvin Fleetwood established the Fleetwood Memorial Foundation in 1974. After years of providing financial assistance to injured or fallen first responders and their families, the foundation identified North Texas Community Foundation as the best partner to continue its mission. Since 2012, the fund at NTCF has continued to provide immediate financial assistance to ease the burden on our brave men, women and their families when they need it most.

In 2022, NTCF celebrated ten years of stewarding the Fleetwood Memorial Fund. Over the past decade, the fund has issued over $1.4 million in grants to more than 250 individuals and families across Texas. Because the fund is endowed, it will remain a vital source of assistance for first responder families forever.

“ Over the past decade, NTCF has tirelessly helped support our mission by providing aid to hundreds of individuals and families across Texas.

We’re excited to see the impact we can create in the decades to come.”

T OM CRAVENS, former board chair of the Fleetwood Memorial Foundation

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THE FOUNDATION FOR

IMPACT

Coming Together to Create a Brighter Future Texans doing what we do best: helping each other Following the news of the Uvalde school shooting in 2022, many looked for ways to help the shaken community heal and move forward. Local architecture firm Huckabee, under Chris Huckabee’s leadership, announced its plan to donate design services to build a brand new school for the Uvalde community.

However, the firm knew it would need support from its broader network to make this project a reality. With support from Texas-based companies HEB and Joeris,

the Uvalde CISD Moving Forward Foundation was founded with a fundraising goal of $50 million. An anonymous NTCF fundholder helped generate local support by providing $500,000 in matching funds. By the end of 2022, Fort Worth donors had contributed over $3 million toward the goal, the largest contribution of any Texas city. The school is set to welcome students by the end of 2024.

THROUGH THE HUCKABEE COMMUNITY EXCELLENCE FUND, THE FIRM SUPPORTS organizations focusing on education, health, community programs, arts and cultural affairs.

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“ For us, at the end of the day, it’s a story of how we come together in the state of Texas to take care of one another.”

CHRIS HUCKABEE, CEO of Huckabee

Rose Bradshaw, Jeremy Smith, Chris Huckabee and former State Senator Beverly Powell led the local effort to generate over $3 million in funding 7

THE FOUNDATION FOR

CHANGE

Permanent Supportive Housing: A New Future for Fort Worth’s Homeless Residents Convening support to end chronic homelessness Ten percent of Fort Worth’s homeless population is considered chronically homeless, meaning they meet certain criteria for duration of homelessness and have a disability. The city knew something needed to be done to provide serious, meaningful relief to this group of people in our community. With support from the American Rescue Plan Act, wheels were set in motion to build 120 units of permanent supportive housing in Fort Worth. In addition to providing housing to our chronically homeless population, this initiative will provide case managers and supportive services to help them maintain their independence.

In order to draw down public funding, a $2.5 million community match was required. NTCF fundholders came together with seven other foundations to raise the funds needed to kick off the project.

We’re thankful to the following foundations for providing matching support: Marilyn Brachman Hoffman Foundation, Amon G. Carter Foundation, Fort Worth Foundation, The Morris Foundation, Rainwater Charitable Foundation, Sid W. Richardson Foundation and The Ryan Foundation

“ The Community Foundation was instrumental in coordinating this funding and making this initiative a reality.

This fund will help transform how our community responds to homelessness and will move us closer to realizing our vision of a vibrant community where everyone has a place to call home.”

L AUREN KING, Tarrant County Homeless Coalition

FLORA BREWER RECEIVES INAUGURAL TRAILBLAZER AWARD Fort Worth entrepreneur and civic leader Dr. Flora Brewer is the first recipient of NTCF’s Trailblazer Award. The honor recognizes the outstanding leadership and achievements of individuals who have driven innovation and impact in our community. Dr. Brewer has been at the helm of various housing projects bringing long-term, sustainable change for individuals experiencing chronic homelessness. NTCF is proud to work alongside Dr. Brewer through The Flora Fund.

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A former guest of Presbyterian Night Shelter.

Thanks to the Housing Project Fund, more individuals will move from homeless to housed.

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2022 Highlights

Connecting donors, organizations and dollars to fuel impact in our community.

Celebrating 40 Years of Impact

Creating a Strong Future for our Community

In March, NTCF celebrated our 40th anniversary alongside our donors, professional advisors, nonprofit partners and other friends.

The Legacy Society at NTCF honors donors who have entrusted the Community Foundation to carry out their charitable intentions beyond their lifetime.

In October, we hosted our inaugural Legacy Society luncheon to celebrate these forward thinking individuals and their generosity.

Rose Bradshaw, Marty Leonard, Orion Jean, Meggie Lowy and Chris Huckabee Jill Fischer and Marvin Blum

Winjie Tang Miao and Dr. Darryl Miao 10

Beverly Ray and Rose Bradshaw

Debra and Vernell Sturns

Gail and Bill Landreth

Developing Emerging Leaders in Philanthropy WORTH is a group of young professionals who ignite meaningful change by giving together. Members learn about community needs, engage with peers and collectively support nonprofit organizations serving our region. In 2022, WORTH provided a $10,000 grant to Cancer Care Services.

Investing For Equity In 2022, the Fund to Advance Racial Equity awarded $577,500 in grants to 21 organizations serving Fort Worth and Arlington – bringing the fund’s grantmaking total to more than $1.2 million. Thank you to the generous donors, local private foundations and businesses who make this work possible.

Leading and Convening: Maternal Mortality Taskforce In Tarrant County, there is a maternal mortality crisis that varies significantly by ZIP code. Alongside Mayor Mattie Parker, NTCF brought together community leaders, nonprofits and healthcare providers to create holistic services for local women, children and families.

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Professional Advisor Highlights Professional Advisor of the Year: Daniel H. McCarthy, JD Partner – Wick Phillips

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 THANK THE PROFESSIONAL ADVISORS WITH WHOM WE WORKED TO SERVE CLIENTS IN 2022.

STEWART ALCORN Frost BRUCE BENES DVS CFO BRADLEY G. BRUCE, CPWA®, CEPA, CIMA®, CPFA mFORCE Capital LISA CURNUTT, JD PlainsCapital Bank JOHN B. ESCH, CPA JB Esch JEAN ANN FISHER, CRPC® Wells Fargo Advisors

We are pleased to honor Daniel H. McCarthy as the 2022 Professional Advisor of the Year. Dan works with closely-held businesses and their owners to devise business structures that minimize income and estate tax, facilitate effective business succession plans and protect assets. For entrepreneurs who have built considerable wealth over the course of their lives, Dan excels in helping to maximize the impact of their charitable contributions to the causes they care about most.

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CHRISTY GAMMILL, CDFA CBG Wealth Management ANNE HOLLAND, CFP ® Holland-Dean Family Office Services

KERRY A. KNOX Merrill Lynch Wealth Management TREY LAWSON, CIMA® Merrill Lynch Wealth Management ERIN FINLEY LEE, CPA, CFA®, CWS® Bank of Texas DANIEL H. MCCARTHY, JD Wick Phillips PHILLIP W. MCCRURY, JD Kelly Hart & Hallman LLP MARK MCLELAND, CPWA®, CIMA®, CPFA® Merrill Lynch Wealth Management

SAVANNAH J. PETRONIS, CFP ® Baird Private Wealth Management P. ANDREW ROBINSON, CFP ® Baird Private Wealth Management CAROLINE S. SAMIS Frost BENJAMIN M. SCHEFFLER, CPA KPMG LLP ROBERT R. SCHULZ, CFP ® Schulz Wealth ROBERT SEMPLE Bank of Texas

JOSH MCNAMARA, CPA Hartman Wanzor LLP

KAYLA SMILEY Bank of Texas

ROBERT M. HOLT, JR., CFA Holt Capital Partners, LP

DARREN B. MOORE, JD Bourland, Wall & Wenzel, PC

KAREN TELSCHOW JOHNSON, JD Telschow Johnson Law, PLLC

COLIN L. MURCHISON, JD Jackson Walker LLP

AUSTIN M. SMITH, CFA®, CFP ® Schulz Wealth

MIMI KARNES PlainsCapital Bank

JEFFREY N. MYERS, JD Bourland, Wall & Wenzel, PC

JOSEPH D. TAYLOR, CPA JTaylor & Associates LLC

THE FOUNDATION FOR

GROWTH

INVESTMENT MANAGERS Luther King Capital Management Mason Investment Advisory Services Inc. OUTSIDE INVESTMENT MANAGERS

Financials & Investments

$

44 MILLION

455

$

MILLION IN ASSETS

IN GRANTS AWARDED

40 MILLION

1,150

$

IN NEW GIFTS

GRANTEE

ORGANIZATIONS

*unaudited numbers as of 12/31/2022

GRANTS DISTRIBUTED

$23M 2018

2019

554 MILLION

$

IN PLANNED LEGACY GIFTS

$27M $32M

2020

2021

2022

$29M $44M

Bank of America Bank of Texas Bernstein Global Wealth Management CF Private Equity Inc. Equitable Advisors First Financial Trust Holt Capital Partners, LP 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 Bourland, Wall & Wenzel, PC AUDITORS Sproles Woodard, LLP INVESTMENT COMMITTEE Daniel H. McCarthy, Chair Stewart Alcorn Brad Bourland Stephanie Brentlinger Smith Brownlie Mark Rich Joe Taylor 13

Welcome, New Funds

Friends of the Community Foundation

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.

Our Friends ensure North Texas Community Foundation is a lasting resource for our community. We are grateful for their generosity and support.

The Animal Fund

Robert D. & Catherine R. Alexander Foundation

Colonial Savings Foundation

Barbara McCall Anderson

Tom Cravens

Vicki and Darrel Andrews

Kim and Glenn Darden

Karen and Larry Anfin

Nancy and David Deison

Anonymous (2)

Margaret and James DeMoss

Anonymous (5) Arts Fund Behanick Family Charitable Fund Carder & Elizabeth Brooks Family Fund The Children’s Fund Conservation and Environment Fund The Flora Fund Folzenlogen Family Charitable Fund Frierson Family Charitable Fund Christie S. Jones Donor Advised Fund Jack Martin Charitable Fund

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For more information, visit: www.northtexascf.org/become-a-friend Betty and Stewart Alcorn Carol J. & R. Denny Alexander Foundation

Louise and Gordon Appleman Jen and Michael Appleman

Cathy and Jimmy Campbell

Janet and Ralph Heath

Sally Werst McKeen

Valerie Skinner

Vicki and Greg Cantwell

Jenny and Mike Herman

The Meadows Foundation

John Snyder

Anne and Barney Holland

Pati and Bill Meadows

Sproles Woodard, L.L.P.

Peggy and Robert Holt

Meta Alice Keith Bratten Foundation

Laurel and Mac Stevenson

Deanna and Rob Miller

Lynnice and Joseph D. Taylor

Grainger, Gregor and John B. Esch

Connie Beck and Frank Tilley

The Fash Foundation

Erika Beltrán and Hector Molina

Robert I. Fernandez, CPA

Permanent Supportive Housing Project Fund

Susi and Mike Bickley

William J. Quinn Family Charitable Fund

Sharon and Jerry Bowden

Linda Rector Fund

Cindy and Jim Boyd

Robertson Family Charitable Fund

Rose and Kent Bradshaw

Shaw Charitable Fund

Cheri Bruxvoort

T3 College Savings Fund

Janet and Mike Burr

Trinity Recovery Foundation Fund

Lucy and Bill Burris

Jane and Bob Ferguson Shirlee and Taylor Gandy Johnny Gonzalez Lisa Goodwin Adelaide Griffin The GWR Foundation James Haayen Kelly and Bill Hanley

Cathy Holt Barbara and Michael Jiongo Nancy and Ross Jones Janeen and Bill Lamkin Gail and Bill Landreth, Jr. Adelaide B. Leavens Marty Leonard Live Oak Foundation LaAsia Lovelace Meggie and Dutch Lowy Luther King Capital Management Louella Martin The Mason Companies Erika and Daniel H. McCarthy Ann and Phillip McCrury

Dana and Charles B. Milliken Judy G. Needham Network for Good Inc. Jayne and Doug Orr Angie and Horatio Porter Rainwater Charitable Foundation Mary Stewart and James Ramsey Jane Rector Tracy Rector and Greg Fitzgerald Sid Richardson Foundation Elia and Alfred Saenz Anne and Bob Semple

Sue Sumner

Neil Van Zandt Lisa and Burch Waldron Rosie and Gary Walker Libby Watson Shay and John Wells Wells Fargo Foundation Pamela and Chris Wilson Donna and Dennis Winborn Drew Winborn Paula and Jack Winter Gifts through January 31, 2023

777 Main Street, Suite 2850 | Fort Worth, TX 76102 | 817.877.0702 | northtexascf.org 16