Local North Texas Community Foundation
Local North Texas Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED OAK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 3 grants totaling $56K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67K
-10.8% YoY
Annual Giving
$56K
-93.2% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$19K
-95.5% YoY
Under IRS private-foundation payout rules, Local North Texas Community Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Local North Texas Community Foundation
Based on IRS filings
Local North Texas Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED OAK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 3 grants totaling $56K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $66,980 | $75,081 | $3,958 |
| Revenue | $50,051 | $900,000 | $5,389,000 |
| Expenses | $58,152 | $828,877 | $5,426,847 |
| Qualifying Distributions | $56,051 | $827,489 | $5,425,720 |
| Net Investment Income | — | — | — |
| Distributable Amount | $3,603 | $4,452 | $771 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Desoto House of Peace and Community Center ($50,051), Navarro College Foundation ($5,000), Anna's Bake Sale Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANNA'S BAKE SALE FOUNDATION RED OAK, TX | CANCER RESEARCH | $1,000 |
| DESOTO HOUSE OF PEACE AND COMMUNITY CENTER DESOTO, TX | CAPITAL CAMPAIGN FOR DEVELOPMENT OF A COMMUNITY CENTER | $50,051 |
| NAVARRO COLLEGE FOUNDATION WAXAHACHIE, TX | EDUCATIONAL AND REASEARCH | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MOHAMAD ELCHEHIMI | PRESIDENT | — | — |
| MOHAMAD SOUEID | VP/SECRETARY | — | — |
| MOHAMAD ELCHEHIMI | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Local North Texas Community Foundation?
Local North Texas Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED OAK, TX. It holds $67K in total assets as of 2024.
How large is Local North Texas Community Foundation?
As of 2024, Local North Texas Community Foundation holds $67K in total assets with $50K in annual revenue. It awarded 3 grants totaling $56K in 2024.
Where does Local North Texas Community Foundation operate?
Local North Texas Community Foundation has awarded grants in Texas.
What size grants does Local North Texas Community Foundation award?
In 2024, Local North Texas Community Foundation awarded 3 grants totaling $56K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Local North Texas Community Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Local North Texas Community Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Local North Texas Community Foundation's EIN?
Local North Texas Community Foundation's EIN (Employer Identification Number) is 81-0905348. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Local North Texas Community Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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