A Letter From Our Leadership:

Communities Foundation of Texas

What matters most? For us, it’s community.

With all we do, we seek to achieve our vision—our North Stara thriving community for all. At CFT, our mission is to improve the lives of all people in our community by investing in their health, wealth, living, and learning. We work to make our mission and vision a reality by growing community giving, expanding community impact, and advancing community equity.

Since the pandemic began in March 2020, through collaboration with you and others, CFT has mobilized more than $300 million into the community through nonprofits, including $66 million through CFT’s 13th annual North Texas Giving Day in September. We have set records for our grantmaking during the pandemic. At the same time, thanks to you, and through the outstanding work of our staff, board, and Investment Committee, CFT has continued to grow, with new donors, new gifts, and increased assets.

CFT is proud to share that our assets have grown by 25% this past year, to nearly $1.5 billion. This accomplishment helps us drive even harder toward meaningful and lasting impact. Building thriving communities for all requires each and every one of us and will only be achieved through collaboration and partnership. Bold change requires bold action, and bold actions are much easier when you do not go it alone.

What you do matters. And what matters most to you, matters to us. And while we’ve never been more clear about our mission and vision, our goal and commitment to you remain the same—to help you help others. At CFT, we’re all about honoring and uplifting values, while accelerating the value of your generosity.

In this year’s annual report, we have highlighted several of our organizational values that align with our vision and showcase a number of our recent collaborative efforts with our charitable fund holders, partners, and nonprofit grantees. As you turn the pages and read about community, compassion, collaboration, leadership, legacy, and more, we hope you’ll see how these values are a part of the very fabric of Communities Foundation of Texas and the path to our North Star.

We welcome and appreciate your continued involvement and feedback as we work to do all we can to fulfill CFT’s mission and vision. If we haven’t yet had the opportunity to partner with you on values-based giving strategies, we hope you’ll reach out so we can help support what matters most to you.

Dave Scullin, President and CEO
Alfreda Norman, Chair, Board of Trustees
Communities Foundation of Texas

Our vision of thriving communities for all hinges on our ability to advance community equity. One of our intentional investments from our discretionary funds focused on advancing equity is the creation and expansion of public parks. We’ve been investing in parks since our founding in the 1950s, including significant investments in Klyde Warren Park.

Since 2019, we’ve awarded $4.6 million in park-related grants, and have seen how parks can positively impact mental health, community development, and public safety.

We’ve recently invested in a number of parks in or near South Dallas and Southern Dallas County in partnership with Fair Park First, the Southern Gateway Public Green Foundation, the Texas Trees Foundation, Trinity Park Conservancy, and the Trust for Public Land. We’re also working with HALL Park on an exciting new project in Frisco.

The majority of these parks will open between 2022 and 2024. For many of these investments, we’ve specifically helped fund aspects of equitable development planning and community-based park design to ensure the community gets to be involved in the park planning process.

Equitable development planning is an approach to meeting the needs of underserved communities and individuals through a participatory process that enables all residents to influence decisions that affect their neighborhood, helping to ensure that everyone benefits from an area’s economic transformation.

Many of our grant dollars to support parks come from CFT’s W. W. Caruth, Jr. Fund, which continues to carry forward the late Will Caruth’s giving priorities long beyond his lifetime. Mr. Caruth understood that the forces that shape quality of life are deeply interdependent. When he died in 1990, Mr. Caruth left $400 million — the bulk of his estate — to CFT to support his passions of health, education, and public safety. Currently the largest fund at CFT, grants from our W. W. Caruth, Jr. Fund have provided $254 million for bold, visionary, large-scale, and transformational efforts across North Texas.

Our parks investments are indicative of our desire to not only support nonprofit organizations, but to help pave the way to better, more equitable development across our community.

North Star Values Community

Celeste Arista Glover

Senior Philanthropy Officer



Nadine Dechausay

Director, Learning & Insights



Learn more about six of our recent park investment grantee organizations and their projects below.

The number of local people experiencing homelessness has increased significantly in the last several years, with a 50 percent increase between 2017 to 2020 and an additional 11 percent jump from 2019 to 2020.

The Metro Dallas Homeless Alliance’s (MDHA) mission is to make the experience of homelessness rare, brief, and nonrecurring. To accomplish this, they’re leading the charge on a new $72 million historic public-private homeless “rapid rehousing” strategy, the Dallas R.E.A.L. Time Rapid Rehousing initiative, which will house more than 2,700 people and families experiencing homelessness over the next two years. This would result in 50% fewer people experiencing homelessness, many of whom are situationally homeless due to an unexpected life event, job loss, or domestic violence.

$10 million was raised for the initiative from 20 private and corporate funders, including $2 million lead grants from CFT’s W. W. Caruth, Jr. Fund, Bank of America, and Margot Perot and the Perot Family. More than $1 million was contributed from the Collaborative on Homelessness, a group of more than 100 local foundations, nonprofits, and community-focused and governmental organizations, with significant leadership and support from the Meadows Foundation. These dollars will be used to fund move-in kits with beds, linens, and dishes for those being housed, landlord incentives, and necessary administrative and capacity-building expenses for partner agencies to manage the volume of clients they will be serving.

CFT seeks to fund initiatives that are fueled by collaboration and collective impact. “We know that we are all more effective when we work together. This initiative is the definition of collective impact, with multiple governments, agencies, and funding sources coming together to work as a team to tackle homelessness. By connecting people with a home, they can then address other challenges that may have led to their homelessness,” said Dave Scullin, president and CEO.

The rest of the $72 million initiative is being funded through federal American Rescue Plan Act (ARPA) dollars allocated by local governments and the Dallas Housing Authority – Housing Solutions for North Texas. The city of Dallas and Dallas County each committed $25 million in federal stimulus dollars, and more than 750 housing vouchers will be distributed by Dallas County, the Dallas Housing Authority, Mesquite, and Grand Prairie.

“We knew we had a big mountain to climb to raise the dollars needed in time to launch the initiative in fall 2021, and the Dallas community came together in spectacular fashion to support this once-in-a-generation opportunity that will have the potential to create lasting systemic change,” said Peter Brodsky, board chair of MDHA. “Every client will be provided really intensive wraparound services to address whatever barriers they are facing.”

“This collaborative effort is about pulling together our resources to serve our unhoused population in a way that is responsible, equitable, accountable, and legitimate. So many partners have come together to answer the call, showing compassion for our neighbors in need,” said Joli Angel Robison, MDHA CEO. “The real celebration will occur when there are 2,700 fewer people living without a roof over their heads. This is an unprecedented opportunity for us to truly make the experience of homelessness rare, brief, and nonrecurring.”

North Star Values Compassion

Wende Burton

Senior Director, Community Philanthropy



Celeste Arista Glover

Senior Philanthropy Officer



Learn more about the Metro Dallas Homeless Alliance Dallas R.E.A.L Time Rapid Rehousing initiative below.

To address community needs during the COVID-19 public health crisis, CFT launched a funding opportunity for organizations addressing vaccine hesitancy, aiming to reduce transmission of the virus in urban and rural communities. We also wanted to help nonprofits build community trust and learn if culturally relevant, grassroots approaches to vaccine education and deployment could make a difference in these communities.

We made a combined $2 million investment in five nonprofits working to address COVID-19 vaccine hesitancy: The Concilio, Fort Worth SPARC, Project Unity, Texas Health Resources, and Visiting Nurse Association (VNA) Meals on Wheels. In addition, we stretched the potential impact of these grants by creating a learning community for the organizations who received the grant funding. We connected the grantees with MyPHI, a North Texas data analytics organization, to form the Vaccine Community of Practice. Its goals are to use data to drive the actions each organization takes to address vaccine hesitancy, and then bring education and vaccines to North Texas communities.

Creating the Vaccine Community of Practice allowed us, as grant makers, to see beyond incremental outcomes of a single program. We were able to recognize pivotal impact, which for us was an investment in several organizations working toward one goal. It maximized our investment so that the dollars work more efficiently, allowing the grantees to identify overlapping efforts while leveraging the individual expertise of each organization. The organizations learned key points about their targeted populations, including the leading reasons for vaccine hesitancy, with one of the top reasons being possible side effects. They also discovered the recommendations most likely to convince people to get the COVID-19 vaccine.

We have met with the grantees and MyPHI several times to discuss the work, learnings, and progress of the initiatives. As of late October, the organizations reported reaching more than 50,000 people in communities with high rates of vaccine hesitancy with education about how COVID-19 vaccines work, and their efficacy and effectiveness. Through the programs we funded, the organizations have vaccinated more than 5,700 people. Equally as important as these numbers are the connections the organizations have made with the communities they serve.

North Star Values Collaboration

Dimple Sureka, M.D.

Community Philanthropy Officer



Learn more about the five CFT grantee organizations collaborating on the Vaccine Community of Practice below.

Advancing community equity is key to building thriving communities for all. Two equity focused organizations and their new programs we’ve recently invested in are creating big impact for community members of color.

Project Unity’s Together We Learn

Project Unity is working to heal community-police relationships, one humanizing experience at a time. Its Together We Learn program provides an opportunity for North Texas youth to dialogue with and learn from Dallas law enforcement to strengthen the bond between police officers and the community, serving as a mutual learning opportunity for teens and officers.

Together We Learn was created in partnership with the National Black Police Association and Sergeant Sheldon Smith of the Dallas Police Department, following several incidents involving officers around the country in 2016, including the tragic events of July 7 in Dallas. Project Unity received $475,000 from CFT’s W. W. Caruth, Jr. Fund to help implement the program in schools over the next three years.

“This grant has allowed us to build our staff and resources. We’re now prepared to go into more schools to implement this program that we believe will save lives. Barriers are broken down when we humanize the officers with the students and vice versa,” said Charlene Edwards, director of programs and events at Project Unity.

During the workshops, police officers give classroom instruction and demonstrate to students how to interact and react with law enforcement during a traffic stop, including addressing students’ questions and concerns. Students then break into groups and complete full traffic stop mock simulations in cars with officers. Officers also receive similar training focused on how they should best respond to teens during these situations. By including moments in the trainings when the police officer plays the role of the student and vice versa, this program seeks to shift attitudes on both sides, helping students and officers practice keeping the interaction safe and routine.

“It’s all about creating relationships and empathy for one another,” said Pastor Richie Butler, Project Unity founder and chief visionary officer. “Everyone wants to go home safely, so we’re working to engage each other to make sure that’s a reality.”

Project Unity has delivered the program in the community and plans to bring Together We Learn to Dallas ISD, DeSoto ISD, Garland ISD, and other districts in 2022 and beyond.

Dallas Truth, Racial Healing & Transformation’s Racial Equity NOW cohorts for nonprofits

Dallas Truth, Racial Healing & Transformation (Dallas TRHT) is working to address inequities and disparities within the nonprofit sector through Racial Equity NOW, a first-of-its-kind deep learning experience for North Texas nonprofits looking to improve their internal and external racial equity policies and practices and make transformational change in our community.

Many local nonprofit organizations lack resources and funding for racial equity training for staff and board members. Not having equity-centered policies and practices in place can contribute to racial disparities that communities face daily and which nonprofits are working to alleviate.

Dallas TRHT received $305,000 from CFT’s W. W. Caruth, Jr. Fund to help implement the Racial Equity NOW program, which provides a cohort of 14–16 nonprofits annually with free racial equity training, one-on-one coaching, case study presentations, policy review and outcomes development, and a community-based history tour. The inaugural cohort was held in 2019–2020, and more than 30 organizations have participated to date. A third cohort will kick off in February 2022.

North Star Values Equity

Nadine Dechausay

Director, Learning & Insights



Learn more about Project Unity’s Together We Learn and Dallas-TRHT’s Racial Equity NOW cohort for nonprofits below.

Anurag and Gunjan Jain are leaders in many community initiatives, one of the most recent being Get Shift Done. One of their shared passions is taking care of people who are hungry, and they’ve been supporting the North Texas Food Bank in a variety of ways for more than a decade. Anurag is a former board chair, and Gunjan has served on capital campaign committees and helped create a “Kids Against Hunger” campaign. Currently, Gunjan serves on CFT’s board of trustees and has been involved with the Global Fund for Children for many years, both locally and globally.

“Alleviating hunger is important to us. It’s not okay that people remain hungry in our society. We believe it is a matter of a distribution problem that can be solved for,” said Anurag. “We care deeply about our neighbors in need, especially the children,” added Gunjan.

“With Get Shift Done, we were looking for the right partner that could move and scale quickly. CFT helped us launch the initiative overnight,” said Anurag. He credits the experience working together on Get Shift Done as the catalyst for creating the Jain Foundation Fund in 2020, their donor-advised fund at CFT.

In addition to making grants from their fund at CFT to local organizations, they support international causes, with a focus in India. “CFT is a great partner in our international grantmaking, helping provide capacity in vetting organizations that are doing good work,” said Anurag. “We want to support organizations across the world. We have 17,000 employees in India, and many family members there. Everyone we know has been deeply impacted by the COVID-19 pandemic, especially in India. Hunger needs have spiked significantly, and we knew we had to lean in during the crisis with increased giving. Our relationship with CFT goes a long way in achieving that. It’s what CFT brings to the table, not just for our community here in Dallas, but also internationally, in terms of advice and relationships that come out of that.”

Beyond supporting local and international hunger relief efforts, the Jains have helped fund the purchasing of life-saving equipment, including concentrators and ventilators, during the pandemic.

The Jains live by the tenet that most of what we have in life is meant for others, and they are looking forward to further leading by example and involving their two daughters in their philanthropy. “Our families were giving and taught us to give, and our children are growing up seeing and hearing us talk about giving,” said Gunjan.

North Star Values Leadership

Carolyn A. Newham, J.D.

Senior Director of Donor Relations and Services



Chris and Eileen Kendall have recently established two charitable funds at CFT: The Denbury Scholarship Fund and The Kendall Family Charitable Fund, a donor-advised fund.

Chris is the CEO at Denbury, an energy transition-focused company with corporate headquarters in Plano and employees and locations across Louisiana, Mississippi, Montana, North Dakota, Wyoming, and Texas. “As CEO, I’m aware that my family’s economic picture is strong, and we want to provide opportunities for our employees and their families by sharing what we’ve been blessed with,” said Chris.

Chris encourages other business leaders to ask questions about possibilities in terms of giving to support employees and the community. “We were able to open a door we didn’t even know existed when we started exploring the possibility of a scholarship fund from Eileen and I,” said Chris.

The Kendalls have a heart for students and higher education. “A lot of scholarship opportunities leave out students who aren’t at the very top of their class or who wish to attend a trade school. Beyond the financial support of a scholarship through our fund, we hope that it also gives the individual more confidence and helps them believe in themselves,” said Eileen.

Chris and Eileen experienced financial stress within their own families when they were working to pay for college and understand how big a difference a scholarship opportunity can make in educational growth and career success. “We really focus on helping those who may not otherwise be able to attend,” said Eileen.

“We feel very blessed and want to use a lot of what’s been given to us to make the lives of others better. We’ve seen firsthand how many people are struggling to put themselves or their children through college. Working with CFT to find a path to create a scholarship fund designed for our employees and their immediate family members has created an opportunity to have a real impact,” said Chris. So far, they’ve awarded 20 scholarships and will be awarding more in 2022.

“We’ve been very happy with our relationship with CFT. We went from not knowing at all about donor-advised funds to opening a fund that’s enabled our giving to be so much more organized. We plan ahead now, even with giving through our fund on CFT’s North Texas Giving Day. Our fund has enabled our giving to really fit into our lives now; it’s not just something to get around to,” said Eileen.

“CFT has been an amazing steward of our donations. It’s been incredible to watch the charitable dollars we’ve invested through our fund grow. Because of the investment aspect of donor-advised funds, we’re able to give even more,” added Chris. Through their fund, in alignment with their passion for education and opportunity, some of the recent organizations they’ve supported include the American Heart Association, where Chris serves as chair of the Dallas board, Literacy Achieves, and POETIC.

They’ll also be passing on their legacy of giving to their children, who they’ve named as successor advisors to the fund beyond their lifetimes.

North Star Values Opportunity

Carolyn A. Newham, J.D.

Senior Director of Donor Relations and Services



One of the services that CFT provides to individuals, families, and businesses is philanthropic consulting. We recently helped connect a family, who prefers to keep their generosity anonymous, to nonprofits working in the cause areas that matter most to them: literacy and economic mobility.

The donors were referred to CFT by their professional advisor. CFT’s charge was to recommend high-impact nonprofits for their funding consideration that they could support with meaningful multiyear grants that would help the organizations scale and grow.

“The value that CFT brings is in working with so many nonprofits closely. We’re able to align with the goals of the donors and recommend vetted nonprofits that are best positioned to do specific types of work and make an impact long-term,” said Galen Smith, CFT’s senior officer of community philanthropy.

CFT’s philanthropy department works to develop lists of potential nonprofit grant recipients, then dives deeper to identify specific funding opportunities that align with donor giving priorities. In this instance, we were able to share with the donors what was needed for the organizations under consideration to enhance their capacity and sustainability for the long-term. These recent donors ultimately selected three nonprofits that aligned with their goals to increase literacy and economic mobility: Beacon Hill Preparatory Institute, Reading Partners, and Year Up.

“These grants are really changing the trajectory for the selected organizations in a positive way, helping them scale and position themselves in a really strong place,” said Smith. “With these multiyear grants, the donors will continue to receive administrative support and annual grant reports from CFT to ensure the promised impact is realized. We steward philanthropic consulting grants with the same level of care as we do for our competitive grant processes from our discretionary funds.”

The multiyear grant to Reading Partners is helping them expand their comprehensive literacy tutoring model from 17 to 20 schools, and the funding for Year Up is focused on scaling their programming, in alignment with statewide 60×30 goals that CFT’s Educate Texas also works toward. Grants from CFT’s W. W. Caruth, Jr. Fund helped launch the national Year Up program here in Dallas initially.

Beacon Hill Preparatory Institute received capacity building funding to support sustainable growth. “This was the largest grant we’ve ever received,” said Charnella Derry, president and founder of Beacon Hill. “We had outgrown our current database technology and are being asked to increase our literacy and math tutoring and support, so we need to grow and scale outside of our current Dallas ISD funding, as our work is being requested by other school districts. This funding allowed us to build out our operations team, add program managers, and expand our technology. It’s enabling us to take the time to focus and make our growth sustainable. It’s one thing to grow, but to be able to intentionally plan our infrastructure in partnership with experts and consultants to sustain that growth over the next three years is an incredible opportunity.”

In addition to strategic, large-scale philanthropic consulting, CFT offers a values-based giving program for individuals, families, and businesses called GiveWisely that helps givers determine what matters most to them. Customized sessions are offered year-round. Learn more at CFTexas.org/GiveWisely.

North Star Values Partnership

Carolyn A. Newham, J.D.

Senior Director of Donor Relations and Services



Galen Smith

Senior Community Philanthropy Officer



CFT’s North Texas Giving Day–the largest community-uniting, generosity-raising giving event in the nation – is a time for celebration, joy, and GIVING! Each September, thousands of nonprofits (this year, more than 3,300!) are supported by the givers in the North Texas region–and friends from around the world–who prioritize lifting the life-changing work done by incredible North Texas organizations every single day. This year, NTX Giving Day marked its 13th annual celebration and broke another record, raising $66 million by way of more than 100,000 donors!

North Texas Giving Day is made possible by generous organizations, individuals, and supporters, including The Ramesh and Kalpana Bhatia Family Foundation, a private family foundation established by Ramesh and Kalpana Bhatia in 2006. Based in Bedford, Texas, the Foundation is dedicated to making an impactful change around the world by funding innovative solutions and programs that enrich communities and serve the common good. After being introduced to NTX Giving Day in 2020, the Bhatias felt that supporting the event was in direct alignment with their mission. The foundation’s grantmaking focuses on local, national, and international organizations that support medical and healthcare research, education, mental health, intellectual and physical diversities, human rights and social justice, women and girls empowerment, and emergency responses.

On NTX Giving Day, the Bhatia family experienced the day live and in color, when their family and foundation staff came to visit and spread a little love and joy to organizations across the metroplex. Because of their support, for the first time ever, NTX Giving Day featured and awarded dedicated prizes to nonprofits working in the cause areas of intellectual, developmental, and physical disabilities and mental and behavioral health.

The family and team made site visits to nonprofits, participated in virtual prize announcements, and learned about the transformational work happening right here in the region they call home. While on a site visit to Ranch Hands Rescue-Bob’s House of Hope, a safe house for young men who have endured sex trafficking, the family was so inspired and moved that they awarded the organization another $5,000 grant and sponsored a Thanksgiving celebration for clients and staff.

The Bhatia family and their foundation are prime examples of how a family’s commitment to generosity can build connections and create moments that leave a lasting impact on real people’s lives, one gift at a time. Their generosity translated to showing up, listening, and sharing. They modeled their mission, and that mission was certainly felt on Giving Day and in the days that followed.

North Star Values Generosity

Chris McSwain

Director of Community Engagement, North Texas Giving Day



Kaitlin Guthrow

Director of Sponsorships and Nonprofit Relations



See below for some highlights from CFT’s 13th annual NTX Giving Day!

In the United States, 65% of future jobs will require higher education, but only 39% of Texans have earned a college degree or workforce credential. To help prepare students for college and career pathways, Educate Texas’ Science, Technology, Engineering, and Math (STEM) programs bring together state agencies and school districts to strengthen instruction and academics in K-12 schools and build relationships with industry experts.

As part of this work, Educate Texas selected Cedar Hill ISD, Desoto ISD, and Lancaster ISD in March 2021 to participate in a renewed partnership to expand STEM educational programs and opportunities in southern Dallas County. This partnership, funded by Texas Instruments Foundation, builds on successes and learnings from the initial investment and partnership with Lancaster ISD in 2012 and Richardson ISD in 2018.

Educate Texas’ work to help transform Cedar Hill into a STEM district includes identifying new opportunities to embed STEM teaching, thinking, and problem-solving skills across the entire school district. As part of communitywide service events across North Texas for CFT4B’s Freedom Day in September, Educate Texas participated in Cedar Hill High School’s greenhouse restoration project. With the help of industry experts from TechScape, the once-vacant greenhouse was made into a community space to enrich student learning.

STEM-influenced interdisciplinary programming is not only positively impacting student outcomes and academic achievement, but also compelling students to think beyond their classrooms and extracurricular activities. “The main thing I like about the greenhouse is that we as students are empowered to take ownership of the work,” said Nathan Theppharaj, Cedar Hill High School 12th-grade student. “We get students who come in and plant what they want to plant. It feels less like a job and more like a fun activity for the school.”

Cedar Hill ISD middle school scholars also had a career exploration day where they learned more about STEM-focused jobs. “We envision the greenhouse becoming a place where we can provide food for those in need, and create opportunities where scholars can apply learning from STEM-related courses,” Cedar Hill High School advanced placement environmental science teacher Holly Brookman said.

Ultimately, this work contributes to Educate Texas’ goal to reshape the teaching and learning of STEM subjects across all grade levels, to better prepare students from pre-K through 12th grade for higher education and workforce success.

North Star Values Education

George Tang

Managing Director, Educate Texas



John Fitzpatrick

Executive Director, Educate Texas



See below for photos from the Cedar Hill High School’s Greenhouse Restoration project.

In 2020, Jody Goldman and Steve and Sharon Bohannon established the Allyson Bohannon Goldman Memorial Fund at CFT. During the COVID-19 pandemic, Allyson Bohannon Goldman passed away unexpectedly at age 30 from a postpartum blood clot seven weeks after giving birth to her daughter, Caroline. “In her 30 years, she left an indelible mark on those who knew her. In addition to being a wonderful mother, wife, daughter, sister, and friend, she lived a life of service to others,” said Sharon Bohannon, Allyson’s mother.

While the grief their family continues to experience in the wake of losing a wife and daughter is unimaginable, they were determined to turn loss into legacy by establishing a memorial fund in her honor. Tolleson Wealth Management, where Allyson worked as a manager on the client advisory team, recommended that they partner with CFT to establish the fund.

Many friends, family, and colleagues have contributed to the memorial fund, which currently awards scholarships to deserving students pursuing educational goals at Prince of Peace and Ursuline Academy of Dallas, where Allyson attended school and honed her heart for service.

“This is a way for her spirit to live on by providing others with an opportunity to learn, serve, and succeed like she did. She was known as a calming and quiet force. She was always putting others first,” said Steve Bohannon, Allyson’s father. “Allyson’s legacy is that she had a servant heart and unrelenting devotion and love for her family,” added Jody, her husband.

Allyson believed in a higher calling, having volunteered countless hours at Ronald McDonald House and Scottish Rite, as well as annually raising money and participating in Susan G. Komen walks. Students who receive the annual award in her honor are selected by Jody, Steve, and Sharon, based on volunteer service and community contributions. They are currently offering partial scholarships and hope to eventually be able to offer full scholarships for more than one student.

“We’ve found a beautiful way to honor Allyson’s legacy by encouraging students to care for the community in the way that Allyson did,” said Sharon. “We see her reflected in the students selected.”

One meaningful benefit of the fund is that Caroline will be able to be a part of it. “As she gets older, I’m looking forward to getting her input on what’s meaningful to her and where she would like to see some of the funds be directed,” said Jody. “Allyson’s legacy will live on through Caroline, so I want to make sure she’s a big part of the fund as well. We want to use the good works provided through this fund to help Caroline someday understand what a loving woman of service her mother was.”

As they think through additional ways to honor Allyson’s legacy, they’re also interested in raising funds to help educate pregnant women about the risks of postpartum blood clots. “Women who give birth shouldn’t have to experience what happened to Allyson. It shouldn’t result in loss of life,” said Sharon.

North Star Values Love

Melissa Hardage

Director of Donor Initiatives



CFT’s first six-figure gift came from an African American woman named Pearl C. Anderson. Pearl grew up in rural Louisiana during the days of racial segregation and was prohibited from going to school until the age of 12, when a school for Black children was finally built a few miles from her home.

Pearl had the opportunity to get an education through the generosity of philanthropist Julius Rosenwald, who built more than 5,000 schools across the South for Black children in the early 1900s. Every day, Pearl would walk by a plaque that credited the Rosenwald Fund, a foundation, with establishing her school. Pearl vowed to “pay it forward” when she had the opportunity, and she established the Pearl C. Anderson Fund at CFT in 1955, which continues to make grants in her name to this day.

Her story resonates deeply because it points to our shared human experience; we can be both the one in need of help and the one in a position to help. To advance community equity and honor our history and our first six-figure gift, we’re proud to announce the launch of the #IAMPEARL Fund at CFT.

The #IAMPEARL Fund is an employee-sponsored fund that will help direct charitable dollars to advance equity in the Black community in the focus areas of education, food security, business development, and financial literacy. We hope you will consider helping support this effort, which has an initial fundraising goal of $325,000, the value of Pearl’s initial gift.

Learn more about Pearl’s legacy and donate

North Star Values Inclusion

Morgan Spann

Donor Relations Officer



One of the things that matters most to us in building a thriving community is growing community giving over the long term. CFT’s Live Oak Society was established in 2018 to recognize individuals and families who have created a legacy with CFT through a planned gift in their will or estate to their donor-advised fund or to support CFT’s discretionary grantmaking. To date, more than 70 individuals and couples have joined CFT’s Live Oak Society.

We’ve had many generous fund holders give to CFT through their estate plans long before we created the Live Oak Society, including the late Dr. Fred M. Lange and Blanche Swanzy Lange. Fred was one of the founders of the Dallas Community Chest Trust Fund in 1953, which was CFT’s original name. Fred served as the first executive director, and later served as chair of the board of CFT. Prior to joining the Trust Fund, he served as vice president of the Southwestern Medical Foundation and as a trustee of the Caruth Foundation. When he was in his 80s, he was credited for raising more than $500 million throughout the region during his lifetime.

Blanche and Fred traveled the world in the interest of finding ways to improve the medical conditions of children. During their lives, to help newborns needing intensive care and observation in Dallas, the couple made a gift from the Lange Fund of the Dallas Community Chest Trust Fund to Baylor University Medical Center, to establish the Blanche Swanzy Lange Special Care Newborn Nursery, which opened in 1975. It has since expanded into the Blanche Swanzy Lange Neonatal Intensive Care Unit.

Through their estate plans, the Langes set up an endowment fund at CFT with three separate beneficiaries to ensure ongoing support of organizations they loved: The NICU at Baylor that bears Blanche’s name, Carter BloodCare, and Dallas Baptist University, where Lange Hall is named after Fred. These organizations can request grants from the Lange Fund annually, and CFT does the due diligence to vet the requests. For years, their fund has been able to support state-of-the-art equipment and technology needs the Langes never could have anticipated during their lifetimes. Their dollars have helped support high-tech life-saving equipment for the Baylor NICU and for Carter BloodCare. CFT is honored to steward the legacy of the Langes long beyond their lifetimes in support of what mattered most to them during their lives.

North Star Values Legacy

Current Members

Anonymous (5)
Jeff Balcombe
Jim and Hong Bass
Toni Chapman Brinker
Mr. Wylie D. Cavin and Dr. Lillian W. Cavin
Brent E. Christopher
Betty Taylor Cox
Carter Creech
Michael and Barbara Eberhardt
Ann and Charles Eisemann
John Lill and Veletta Forsythe-Lill
Don and Beverly Freeman
Suzy and Larry Gekiere
Carol and Mark Goglia
Corrine and Tom Greco
Jeremy Gregg
Keith and D’Etta Hughes
Martha and Chandler Hugh Jackson Youth Fund
Amy Johnson
Sonia King Charitable Fund
Cece and Ford Lacy
Sarah Losinger
Lynne and Allen Mabry
Phyllis Meyerson
Eric and Jeannie Nadel
Carolyn and Denton Newham
Pankey Family Fund
Bill and Gayle Parker
Chris Freeman Popolo
Andy and Jackie Schwitter
Andy Smith and Paul von Wupperfeld
Susan Swan Smith
Gary and Rosie Walker
Kay and Bill Wehunt
Marnie and Kern Wildenthal
The Jefflyn Williamson Family Trust

Remembered Members

Elizabeth Anne Ala
Pearl C. Anderson
Vonia Fritzess Van London Anderson
William D. Barrett
Patricia A. Bernstein
Forrest R. Biard
Jesse North Bigbee
Isadore H. and Eleanor R. Bonifas
Bill C. and Jean Hollowell Booziotis
Barbara and Bill E. Brice, Sr.
Norman Brinker
Frances and Jack Brown
Hattie Louise Browning
Jane and Bill Browning
Beryle G. Burdyn
Roberta Coke Camp
George Peters Caruth
Mabel Peters Caruth
William Walter Caruth, Jr.
Eddie Connor Case
Allison Cassens
Anson L. Clark
C. W. & Dorothy Anne Conn
Sherry Wigley Crow
V. A. and Earline Davidson
Lucile and Clarence Dragert
Jack McKinney Dumas
George Adeline and Jules H. Fine
James Carl and Hazel Ruby Forbes
Etha Reagin Forman
Edward C. Fritz
Louise Gartner
Charlotte W. and Joseph W. Geary
Mr. and Mrs. John T. Gordin
Elaine W. Gordon
Wallace and Sydney Hall
Harriet Halsell
Jack H. and Jane R. Hamilton
J. C. and Kaye Harrington
Tom A. Harris
Robert J. Hertich
Ben O. Hindman
Margaret Horn
T. B. and Dorothy Hudson
Ruby Jennings
Robert L. Jensen
Lawrence Wendl and Loraine Froelich Jones
Bess W. Jones
John G. and Elena S. Kenedy
Lucille Brown Kennedy
Hazel Kyle
C. T. and Eula C. LaMaster
Fred M. Lange

Dean & Billye Libby
Bryan and Marcella G. Long
Martha D. Lytton
Betty Jeanne MacArthur
Elaine M. Mathes
Ruth Maxwell
Hugh and Mary Ann McAfee
Charles V. McCarter
Paul D. & Margaret M McElroy
Helen Medlin & John Michael Beidel
K. K. Meisenbach
Keith L. and Clela Ketchum Merrick
C. C. and Rosalind Miao
Ludwig A. and Carmen M. Michael
Margot W. and Ben H. Mitchell
Granville C. and Gladys H. Morton
John and Rheba Myers
Phyllis W. Nelson
William F. and Noreen L. Nicol
Phoebe & Russell H. Perry
Donald R. Polan
Leonard E. Powell
Grier and Louise Raggio
Julia M. Repp
Kristofer Robinson
Daniel C. Russell
Morton H. and Hortense L. Sanger
Lillie Mae Schwetke
Ernest H. Seelhorst
Jeanne Shelby
Robert F. and Carolyn K. Sherman
Allan Shivers, Jr., Brian M. Shivers, Marialice Shivers Ferguson
Charles R. Sitter
Vinitia C. and Cecil L. Smith
Geraldine Willens Sobel
William Soza
James Weldon & Bess Fleming Thomas
Robert B. Trull
William A. Turner, Jr.
Jack M. Tuttle, Jr.
Dorothy Hill Volk
Ernest G. and Irene H. Wadel
Travis T. Wallace
Adolph and Pauline Weinberger
Lucy Wight
Mr. and Mrs. Robert W. Wigley, Jr.
Joel and Betty Lu Williams
Ivor and Mildred Wold
Arthur L. Wolf
Manny B. and Janis R. Zelzer

Carolyn A. Newham, J.D.

Senior Director of Donor Relations and Services



Geri Jacobs

Director of Charitable Gift Planning



2021 Financial Highlights

Investment Managers

Aberdeen Asset Management, PLC
Alphadyne Asset Management LP
BNY Mellon Cash Investment Strategies
Breckinridge Capital Advisors, Inc.
Burgundy Asset Management Ltd.
Calvert Research and Management
Davide Leone & Partners Investment Company, LLP

Dimensional Fund Advisors
Disciplined Growth Investors, Inc.
Freshford Capital Management, LLC
GQG Partners LLC
HHR Asset Management, LLC
Lazard Asset Management
Loomis, Sayles & Company LP

Parametric Portfolio Associates LLC
Renaissance Technologies LLC
State Street Global Advisors
Trinity Street Asset Management
Two Sigma Advisers, LP
Western Asset Management Company


Financials for Fiscal Year Ending June 30, 2021

Total Assets:

Total Grants Paid:

Total Gifts Received:

Number of Funds:

Cumulative Grants:

ASSETS (in millions, unaudited)
2021 COMPOSITION OF ASSETS (in millions, unaudited)
GIFTS (in millions, unaudited)
2021 COMPOSITION OF GIFTS (in millions, unaudited)
TOTAL GRANTS PAID (in millions, unaudited)

For a listing of named funds at CFT and to review the annual independent audit report and the related audited consolidated financial statements with footnotes, please click here.

Our Team

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