What We Fund
All sorts of things! The Community Foundation makes grants to nonprofits of all kinds. The Foundation is made up of over 200 donor funds that give to causes in our region and throughout the country. Some grants require an application. Nonprofits that are located in and/or provide services within the Foundation's 10-county area are eligible to apply. Those 10 Texas counties are: Bandera, Blanco, Edwards, Gillespie, Kendall, Kerr, Kimble, Mason, Real and Uvalde.
Applicants must be 501(c)(3) organizations.
An Agency Fund is established by a 501(c)(3) nonprofit organization or “agency.” It allows the organization to focus on its mission rather than spend time identifying and supervising investment managers. It also helps nonprofits with gift planning and endowment-building to ensure long-term financial sustainability.
Nonprofits that choose to hold a fund at the Foundation have the advantage of:
- Professional investment management
- A greater rate of return through a large investment pool
- Access to the Foundation’s resources, just like all other fundholders
- Online tools for fund information and performance
- A long-term strategy for financial stability
Nonprofit organizations seeking a diversified investment pool are good candidates for an agency fund. For example, many investment managers require high minimums to manage a fund. When a nonprofit creates an agency fund pooled with other Community Foundation assets, it can more easily focus its efforts on growing its organization, rather than managing investments. Nonprofit organizations that have a solid individual donor base and/or a planned giving program may wish to consider an Agency Fund as a tool to build an endowment.
Fund Minimum & Fees
An Agency Fund may be opened with $50,000. Additional contributions can be made any time.
Annual administrative fees are 1% percent of assets. Fund fees cover general operating costs for gift establishment, receipt of assets and contributions, grants, and fund administration. Annual investment management fees are separately charged at 0.5% of assets.
List of Agency Fundholders
Admiral Nimitz Foundation
Boys & Girls Clubs of the Texas Hill Country
Children’s Association for Maximum Potential
Christian Assistance Ministry
Comfort Golden Age Center Foundation
Comfort Public Library
Families & Literacy
Former Texas Rangers Foundation
Fredericksburg Academic Boosters
Friends of the Leakey Library Association
Gillespie County Child Services Board
Good Samaritan Center
Habitat for Humanity – Kerr County
Hill Country CASA
Hill Country Crisis Council
Hill Country Community Needs Council
Hill Country University Center
Hill Country Youth Orchestras
Hill Country Youth Ranch
Humane Society of Kerrville
Kerr Arts & Cultural Center
Kerr County 4-H Foundation
Kerr County YMCA
Museum of Western Art Foundation
Pregnancy Resource Center
Riverside Nature Center
Special Opportunity Center
Unitarian Universalist Church of the Hill Country
Zion Lutheran Church
There are countless resources for nonprofit leadership and management on the internet. Here are some we find helpful.
- BoardSource: A gold-standard in information about nonprofit leadership, particularly board service. Check out Ten Basic Responsibilities of Nonprofit Boards, a book everyone should have.
- CompassPoint’s sample board orientation video and sample governance documents are useful and adaptable.
- Blue Avocado: Nonprofit blog with a wide range of resources.
- Wallace Foundation‘s Financial Management Online Library: Offers general nonprofit resources, including articles and studies by leading thinkers in the field.
- Nonprofit Finance Fund: The preeminent national organization whose expertise is nonprofit financial practices.
- Nonprofit Accounting Basics: Offers guidance on accounting topics – from basic to intermediary – along with articles and “how-to” guides on a range of subjects, including internal controls, budgeting, and financial reporting.
- The National Council on Nonprofits: Among other resources, there are several sample financial policies that nonprofits can adapt and use.
- Nonprofit Cost Analysis Toolkit: Offers a clearer picture of the financial demand that programs places on an organization. Primarily for senior leaders of small- to medium-sized nonprofit organizations with multiple programmatic areas or sites.
- Operating Reserve Policy Toolkit: Though over 10 years-old, the piece helps make a compelling case within the organization for the need to establish an operating reserve, suggest practices for managing the reserve and reporting its balance. Also offers tools for drafting a policy to record decisions.
Staffing & Infrastructure
- Association of Fundraising Professionals: The San Antonio Chapter is closest to the Community Foundation. It has regular meetings and a site with helpful resources.
- Succession Planning Resource: Tips, best practices and resources for nonprofit succession planning.
- Sample Job Descriptions: A toolkit of various nonprofit job descriptions that are useful for hiring or performance management.
- NonprofitReady: Free online course library supporting the most common nonprofit jobs, including fundraising, leadership, finance, operations, marketing and communications, volunteer engagement, and program management.
- Volunteer Management Guide: Tools and best practices for effectively managing volunteers.
- Tech Soup: Free and discounted software and hardware for nonprofits.
The Community Foundation hosts an annual Nonprofit Summit, bringing together civic and nonprofit leaders from throughout the Hill Country for a day of Education.
In 2018, Summit was held at the Hill Country University Center and had a dual focus on strategic planning and financial management. In 2019, Summit was held at Schreiner University and had a range of topics taught by some of the top nonprofit experts in Central Texas.
Come back soon for details on the 2021 Nonprofit Summit!