Waco Foundation
THE MISSION OF WACO FOUNDATION IS TO PROMOTE SOLUTIONS TO COMMUNITY CHALLENGES, STRENGTHEN LOCAL NONPROFITS, ENGAGE PHILANTHROPISTS AND MANAGE CHARITABLE ASSETS IN ORDER TO IMPROVE QUALITY OF LIFE IN MCLENNAN COUNTY.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$142.3M
+11.6% YoY
Annual Giving
$3.9M
-9.7% YoY
Grant Count
81
+2.5% YoY
Avg Grant Size
$48K
-11.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $142,304,864 | $127,546,392 | $132,771,840 |
| Revenue | $8,580,319 | $11,751,252 | $26,486,121 |
| Expenses | $7,200,164 | $7,522,031 | $7,239,601 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,764,373 | $4,550,480 | $10,414,574 |
| Distributable Amount | — | — | — |
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
393 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Waco Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MALCOLM DUNCAN JR | TRUSTEE | 2.5 | — |
| SHERMAN AYRES | CHAIR | 2.5 | — |
| CHRIS MCSWAIN | VICE CHAIR | 2.5 | — |
| SOO BATTLE | SECRETARY/TREASURER | 2.5 | — |
| MIKE BIDWELL | TRUSTEE | 2.5 | — |
| MONTE HULSE | TRUSTEE | 2.5 | — |
| KRISTEN MYNAR | TRUSTEE | 2.5 | — |
| MIKE RAYMOND | TRUSTEE | 2.5 | — |
| MELLI WICKLIFF | TRUSTEE | 2.5 | — |
| AARON ZIMMERMAN | TRUSTEE | 2.5 | — |
| DILLON MEEK | TRUSTEE | 2.5 | — |
| CHARLES WILLIAMS | TRUSTEE | 2.5 | — |
| ASHLEY ALLISON | EXECUTIVE DIRECTOR | 39.9 | $213,251 |
| VALERIE HOLLAND | DIRECTOR OF FINANCE (APR-AUG) | 37.25 | $56,243 |
| ISABEL WEEDEN | CFO/COO (JAN - MAR) | 37.25 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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