First Community Foundation Inc

KILLEEN, TX EIN: 82-2299083

First Community Foundation Inc is a private foundation based in Killeen, Texas. The organization was established in 2019 and operates as a 501(c)(3) tax-exempt entity. The foundation focuses on philanthropic grantmaking to support charitable causes across multiple states.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-10.8% YoY

Annual Giving

$307K

-30.9% YoY

Grant Count

61

-11.6% YoY

Avg Grant Size

$5K

-21.9% YoY

Under IRS private-foundation payout rules, First Community Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation operates on a preselected-only basis and does not accept unsolicited applications. The foundation only makes contributions to preselected charitable organizations.

Grant Range

$2,000–$5,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation provides funding primarily in Texas, with additional grantmaking activity in Arizona, Arkansas, California, Illinois, Indiana, Michigan, New Mexico, Ohio, and Utah. Within Texas, the foundation supports organizations in major cities including Austin, Dallas, Houston, and San Antonio.

Grant Distribution by State

12states
+4 more states

Cities

AbileneAlbuquerqueAmarilloAngletonAustinBeaumontBeltonBethel HeightsBrownsvilleBryanBullhead CityCasa GrandeChicagoCirclevilleClovieClovisConroeCopperas CoveCorpus ChristiDallas

Financial History

Multi-year comparison from IRS filings

Assets & Giving (as of most recent filing):

  • Total assets: $1,395,463–$1,564,685
  • Total annual giving: $306,550–$444,000
  • Total annual revenue: $353,753
  • Total annual expenses: $446,660
  • Giving rate: approximately 28.4% of assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$146K$292K$438K$584K20202021202220232024
Metric202420232022
Total Assets$1,395,463$1,564,685$1,591,229
Revenue$187,628$353,753$11,594
Expenses$306,550$446,660$370,727
Qualifying Distributions$306,550$443,853$367,402
Net Investment Income$21,667$21,579$11,594
Distributable Amount$4,624$4,625$87,053

Giving Over Time

Total grant dollars and number of grants per year

$0$111K$222K$333K$444K55 grants202075 grants202119 grants202269 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FT HOOD REGIONAL ECONOMI…$40KBANZAI INC$37KCLEMENT BOYS & GIRLS CLUB$20KMONTGOMERY COUNTY FOOD B…$12KGREENPATH FINANCIAL WELL…$12KA NEW LEAF INC$10KHOUSING FORWARD$10KOAK CREEK ACADEMY$9KLEMONADE DAY$9KOPERATION PHANTOM$8K

Grant Size Distribution

219 grants across all recorded years

216<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ft Hood Regional Economic Development ($40,000), Banzai Inc ($37,430), Clement Boys & Girls Club ($20,000).

RecipientPurposeAmount
A NEW LEAF INC CIRCLEVILLE, OHSUPPORT THE CHARITY PURPOSE OF A NEW LEAF INC$10,000
ALIVIANE EL PASO, TXSUPPORT THE CHARITY PURPOSE OF ALIVIANE$7,000
ARKANSAS FOOD BANK LITTLE ROCK, ARSUPPORT THE CHARITY PURPOSE OF ARKANSAS FOOD BANK$2,019
BANZAI INC PROVO, UTSUPPORT THE CHARITABLE PURPOSE OF BANZAI INC$37,430
BRAZOS VALLEY FOOD BANK BRYAN, TXSUPPORT THE CHARITY PURPOSE OF BRAZOS VALLEY FOOD BANK$2,019
BULLHEAD CITY FOOD BANK BULLHEAD CITY, AZSUPPORT THE CHARITY PURPOSE OF BULLHEAD CITY FOOD BANK$2,019
CASA GRANDE FOOD BANK CASA GRANDE, AZSUPPORT THE CHARITY PURPOSE OF CASA GRANDE FOOD BANK$2,019
CASA OF BELL & CORYELL COUNTIES BELTON, TXSUPPORT THE CHARITY PURPOSE OF CASA OF BELL & CORYELL COUNTIES$5,000
CENTRAL TEXAS FOOD BANK AUSTIN, TXSUPPORT THE CHARITY PURPOSE OF CENTRAL TEXAS FOOD BANK$2,019
CLEMENT BOYS & GIRLS CLUB KILLEEN, TXSUPPORT THE CHARITY PURPOSE OF CLEMENT BOYS & GIRLS CLUB$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by a volunteer board with no paid staff:

  • Robert W. Hoxworth – President/Director
  • Allen Winmill – Secretary/Treasurer/Director
  • Deana Stafford – Director
  • Terry Tuggle – Director
  • Jessica Palache – Director
  • Edward C. Smien – Director

All board members serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT W HOXWORTHPRESIDENT/DIRECTOR1
DEANA STAFFORDDIRECTOR1
TERRY TUGGLEDIRECTOR1
JESSICA PALACHEDIRECTOR1
EDWARD C SMIENDIRECTOR1
ALLEN WINMILLSECRETARY/TREASURER/DIRECT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does First Community Foundation Inc fund?

The foundation's primary focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from First Community Foundation Inc?

**Grant Activity:** • Total annual giving: approximately $306,550–$444,000 (based on most recent filings) • Number of grants: 61–69 grants annually • Median grant size: $2,000–$5,000 • Grant range: $1,000–$40,000 **Application Process:** The foundation operates on a preselected-only basis and does not accept unsolicited applications. The foundation only makes contributions to preselected charitable organizations. **Recent Grant Example:** In 2023, the foundation awarded $40,000 to the Fort Hood…

Where does First Community Foundation Inc make grants?

The foundation provides funding primarily in Texas, with additional grantmaking activity in Arizona, Arkansas, California, Illinois, Indiana, Michigan, New Mexico, Ohio, and Utah. Within Texas, the foundation supports organizations in major cities including Austin, Dallas, Houston, and San Antonio.

What size grants does First Community Foundation Inc award?

In 2024, First Community Foundation Inc awarded 61 grants totaling $307K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is First Community Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, First Community Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is First Community Foundation Inc's EIN?

First Community Foundation Inc's EIN (Employer Identification Number) is 82-2299083. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in First Community Foundation Inc's focus areas in our free grants database

Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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