Texas Capital Foundation is a private philanthropic organization based in Dallas, Texas, established in 2022 by Texas Capital Bancshares, Inc. (NASDAQ: TCBI). The foundation was created to expand and elevate the parent company's philanthropic giving across Texas communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
-39.4% YoY
Annual Giving
$1.9M
-10.3% YoY
Grant Count
91
-9.9% YoY
Avg Grant Size
$21K
-0.4% YoY
Under IRS private-foundation payout rules, Texas Capital Foundation reported a distributable amount of $234K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses on supporting nonprofit organizations addressing community needs across Texas. Its grantmaking aligns with three community impact pillars:
- Live – Supporting quality of life initiatives
- Learn – Education and workforce development
- Lift – Economic empowerment and community support
The foundation also maintains a dedicated focus on military service members, veterans, and their families through its STAR (Supporting our Troops, Active and Remembered) Award program.
Grantmaking
The foundation's signature grantmaking program features annual Honors Awards consisting of:
Grant Range
s & Patterns:**
Average Grant
$21,000
Review Cycle
are available on the Texas Capital Bank website.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Texas, with secondary grantmaking activity in California and Georgia. Grantmaking reaches organizations across six states, with Texas, California, and Georgia accounting for 97% of all grants.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $3,652,866
- Total revenues: $115,339
- Total expenses: $3,034,051
- Total giving: $2,483,854
Historical context: Total assets declined from $8 million in 2022 to $6 million in 2023, and further to $3.7 million by 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,652,866 | $6,024,432 | $8,000,000 |
| Revenue | $115,339 | $148,465 | $8,000,000 |
| Expenses | $3,034,051 | $3,794,387 | — |
| Qualifying Distributions | $2,483,854 | $2,121,833 | — |
| Net Investment Income | $115,339 | $148,465 | — |
| Distributable Amount | $234,398 | $347,671 | $20,510 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
Open Grants
3 open opportunities from Texas Capital Foundation
Community Impact Grants
Texas Capital Foundation
Amount
Varies
Deadline
Rolling / Open
Education and Workforce Development Honors Award Grant
Texas Capital Foundation
Amount
US $50,000
Deadline
Rolling / Open
Housing Solutions Honors Award Grant
Texas Capital Foundation
Amount
US $50,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Housing Authority of the City of Fort Worth Texas ($50,000), Center for Transforming Lives ($50,000), Lucilles 1913 Community Kitchen ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOUSING AUTHORITY OF THE CITY OF FORT WORTH TEXAS FORT WORTH, TX | Grant supports the Casa de Los Suenos; a motel purchase and conversion completed by Fort Worth Housing Solutions and will advance efforts to address homelessness. Additionally the property will have on-site wrap-around supportive services that will include case management after-school programming health wellness and other supportive services to assist in stabilizing families. | $50,000 |
| Art of Living FORT WORTH, TX | Donation supports The Art of Living program; provides homeless kids aged 7-17 with life-changing educational and mentoring programs to support a stable life. | $5,000 |
| AT LAST INC DALLAS, TX | Donation supports the AL Optimized Developmental Ecosystem ODE program. AL! is coed and its ODE is designed for impoverished elementary school-aged children e.g. 1st grade through 6th graders who are known as Scholars-in-Residenc. | $15,000 |
| AVENIDA GUADALUPE ASSOCIATION SAN ANTONIO, TX | Grant supports the Avenidas healthy food initiative seeks to curate healthy food packages that are culturally sensitive to traditional diets; particularly focused on the households served by the Avenida Guadalupe Neighborhood Association. | $5,000 |
| BLESSINGS IN A BACKPACK INC LOUISVILLE, KY | Grant provides weekend food bags to 120 food insecure elementary children at any of our 13 program schools in HISD and SBISD each weekend of the 2024-2025 school year. | $15,000 |
| BOY SCOUTS OF AMERICA Dallas, TX | Grant supports the Circle Ten Councils ScoutReach After-School Scouting program which gives special leadership and emphasis on urban and inner-city youth development. The ScoutReach after-school Scouting program is our commitment to making sure that all young people have an opportunity to join Scouting regardless of their financial circumstances neighborhood or ethnic background. | $10,000 |
| BRAVER TOGETHER TARRANT FORT WORTH, TX | Grant supports the HerCapital Grows women Business Empowerment Series to provide comprehensive support to minority Black indigenous and people of color BIPOC women-owned businesses fostering an environment where they can become "bankable" by enhancing their eligibility for business loans and access to capital. | $20,000 |
| BRIDGEYEAR HOUSTON, TX | Grant supports BridgeYears Certification Cohort Program a key component of their Career Navigation Program provides a direct pathway into middle-skill workforce certification programs for students immediately after high school graduation. As part of the program BridgeYear secures fully-funded spots from workforce training programs streamlines program application and enrollment processes and recruits and supports students to enroll and complete these programs. | $10,000 |
| BROTHER BILLS HELPING HAND DALLAS, TX | Grant supports BBHH client-choice grocery stores inside the schools resource centers and provide families with a consistent and nutritious grocery supply. Each family receives an average of 100- 150 lbs of groceries a month saving them an average of $300 per month. All families are screened for and can access additional wrap-around support including public services CHIP SNAP BBHH health resources and enrichment programming. | $10,000 |
| CENTER FOR TRANSFORMING LIVES FORT WORTH, TX | Grant supports the CTL to expand family stability services for 3,000+ BIPOC women and children annually in Tarrant County through the development of our Riverside Campus a one stop shop connection point for multi-generational poverty-reduction resources. | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by an uncompensated board of directors:
- Josh Mayfield – Board Chairman
- Brian Maksymowicz – Board Treasurer
- Effie Dennison – Board Member
- Ricky Maldonado – Board Member
- Shannon Woods – Board Member
- Jody Zorn – Board Member
The foundation operates with limited paid staffing, relying on board members who each contribute approximately 2 hours per week.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Effie Dennison | Board Member | 2 | — |
| Brian Maksymowicz | Board Treasurer | 2 | — |
| Ricky Maldonado | Board Member | 2 | — |
| Josh Mayfield | Board Chairman | 2 | — |
| Shannon Woods | Board Member | 2 | — |
| Jody Zorn | Board Member | 2 | — |
Recent News & Activity
Recent developments and announcements
The Texas Capital Foundation announced its second annual Honors Awards in May 2024, distributing $250,000 to four Texas nonprofit organizations. Recipients included organizations addressing education, workforce development, women's health, and veteran services across the state.
Texas Capital Foundation Awards $250000 to Texas NonprofitsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Texas Capital Foundation fund?
The foundation focuses on supporting nonprofit organizations addressing community needs across Texas. Its grantmaking aligns with three community impact pillars: • **Live** – Supporting quality of life initiatives • **Learn** – Education and workforce development • **Lift** – Economic empowerment and community support The foundation also maintains a dedicated focus on military service members, veterans, and their families through its STAR (Supporting our Troops, Active and Remembered) Award pro…
How do I apply for a grant from Texas Capital Foundation?
**Grant Ranges & Patterns:** • Typical awards range from $5,000 to $250,000 • Median grant size: $14,000–$15,000 • Average grant size: $21,000 • The foundation has made approximately 101 grants totaling $2.1 million **Signature Program – Honors Awards:** The foundation's signature grantmaking program features annual Honors Awards consisting of: • Three grants of $50,000 each (corresponding to the Live, Learn, and Lift pillars) • One $100,000 STAR Award for organizations serving military members…
Where does Texas Capital Foundation make grants?
The foundation primarily supports organizations in Texas, with secondary grantmaking activity in California and Georgia. Grantmaking reaches organizations across six states, with Texas, California, and Georgia accounting for 97% of all grants.
What size grants does Texas Capital Foundation award?
In 2024, Texas Capital Foundation awarded 91 grants totaling $1.9M — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Texas Capital Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Texas Capital Foundation reported a distributable amount of $234K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Texas Capital Foundation's EIN?
Texas Capital Foundation's EIN (Employer Identification Number) is 88-2108924. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Texas Capital Foundation's focus areas in our free grants database
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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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