The Community Foundation of the Texas Hill Country is a nonprofit, public foundation created by and for the people of the Texas Hill Country. Purposed to inspire philanthropy, TCF is here for good. for ever.
In 1981, a few forward-thinking residents of the Texas Hill Country embarked on a journey to establish perpetual philanthropy. Their efforts have been wildly successful and many residents in the area have reaped the benefits of their vision.
Mrs. Alma Dietert gave the first philanthropic gift of $5,000, and she continued to contribute during her lifetime and later, through her estate. Other area residents followed Mrs. Dietert’s lead, and The Community Foundation of the Texas Hill Country (formerly the Kerrville Area Community Trust) now boasts assets of more than $17 million.
In 2000, The Community Foundation expanded its geographic reach to serve a larger Hill Country area including Fredericksburg, Comfort, Medina, Kerrville, Ingram, Hunt, and Center Point. The Foundation currently manages 137 funds. More importantly, it has distributed over $15.5 million for charitable purposes in those counties! Grants to local nonprofit agencies and scholarships to graduating seniors top the priority list of needs that TCF fills.
The Community Foundation also partners with local businesses to offer Summit, an annual training event for nonprofit professionals. Summit provides quality, affordable education for staff and board members alike. Additionally, TCF presents and hosts quarterly lunches for nonprofit executive directors, staff and board members.
The Community Foundation strives to assist donors to achieve their philanthropic goals through the creation of new funds and through contributions to existing funds. Involvement in and knowledge of the Texas Hill Country continues to keep The Community Foundation in the forefront of visionary thinking, a reflection of the efforts of its humble origin: Philanthropic efforts that are for good. for ever.
What IS a Community Foundation?
A community foundation has three distinct features; it is the combination of these features that provides unique opportunities for donors and for our community. The first feature is a permanent endowment; this means that the foundation invests and protects donor's gifts, distributes earnings via grants, builds permanent community capital to meet the needs of future generations, and creates legacies for donors. In this way, donor's gifts perpetually impact a community.
The second distinct feature is a broad and flexible purpose. The Community Foundation monitors all areas of community needs in the Hill Country today and tomorrow including arts, education, youth, seniors, community services, and health care. TCF's knowledge of our community is one of the greatest services we can provide our donors. We strive to help our donors fully maximize the impact of their gifts in our community.
The third distinct feature of a community foundation is personalized giving. To help our donors have the greatest flexibility, The Community Foundation accepts a variety of gifts including cash, stocks, property, and bequests. Additionally, donors have the opportunity to be involved in establishing a fund in their name or the name of a loved one. Donors can give what they want, how they want, when they want…and receive maximum tax advantages.
The first community foundation established in Texas was in 1929 - the Dallas Foundation. Today there are 25 community foundations in the state of Texas that collectively hold more than $1.1 billion in endowed funds. These foundations distribute in excess of $82 million annually in local grants, and are a part of the fastest growing field of philanthropy today, with more than 650 community foundations operating across the United States.
We invite you to join The Community Foundation of the Texas Hill Country…YOUR community foundation…to provide a platform for building our community…For good. For ever.