2022
Annual Report

The Meadows Foundation exists to assist people and institutions of Texas improve the quality and circumstances of life for themselves and future generations.

NOTE FROM THE PRESIDENT

2022 was a transitional year for the country, the State of Texas, and The Meadows Foundation. We’re beginning to usher in a new era on many horizons. However, our mission stays the same as in 1948 when Al and Virginia Meadows first started the Foundation, to serve the people of Texas in perpetuity.

When it began to look like we saw a light at the end of the tunnel with the COVID pandemic, we had to plan what this next stage looked like for us—the two-plus years of working through the ups and downs of the pandemic had us all looking over our shoulders for the next obstacle.

It’s heartening to say that during 2020 and 2021, over $7 million of grants went to COVID-related issues. We didn’t lose focus on the importance of our long-term initiatives, and we could return to them in full force this past year.

I want to highlight some of our significant grantmaking efforts in mental health, education, and homelessness.

Mental Health

The Meadows Foundation created the Meadows Mental Health Policy Institute nine years ago. The mission was to have an independent, nonpartisan policy institute that works at the intersection of policy and programs to create equitable systemic changes so Texans can obtain the health care they need. The work done at the Institute has been helping shape the way we talk about mental health in Texas.

We knew that Texas children were struggling with their mental health. As one of the most vulnerable populations, their lives had been in upheaval for years with no plans set on how to help them. One of the things that was able to help this crisis was the Texas Child Mental Health Care Consortium’s innovative programs.

And then, alongside that, reality shifted for everyone after the horrific attack at Robb Elementary School on May 24, 2022. The tragic loss of 19 children and two teachers in Uvalde shook our state and our people to their core. We had to examine how we could assist in healing the trauma so many children were going through. The Institute was a major support to mental health funding in Uvalde, and The Foundation was also able to support recovery services through the bereavement center.

Mental health has always been a crucial focus for the Foundation, and the grantees we help fund are changing the mental health landscape in Texas.

Education

School systems across the state continued the work to emerge from the disruptive effects of the pandemic this past year. While there remains much work to do, Texas students have nearly reached pre-pandemic literacy proficiency levels, which shows encouraging signs. Public education leaders seek answers to tough questions about teacher and school leader training, retention, and school safety. Many of our grantees work alongside our public sector leaders to ensure the best outcomes for our students and teachers in the coming years.

Dallas College, a key partner in our teacher preparation initiative, continues to influence state and national conversations around early childhood, K-12 education, and teacher preparation. As the first community college in the state to offer a four-year degree in education and the first to win a Department of Labor teacher apprenticeship, the college is raising the bar for how new teachers enter the profession, how they are trained, and how they are supported in the first years of their career.

Homelessness

The Meadows Foundation began working on homelessness in late 2019. We engaged Mandy Chapman Semple, CEO of Clutch Consulting, to help rethink how we addressed this complex issue. This included working with the continuum of care providers to work better together.

The foundational systematic change that Mandy and her team were able to accomplish in 2020 provided a platform to receive $72 million from the City and County of Dallas, other surrounding cities, and private funders, including The Meadows Foundation. These funds were to support a R.E.A.L. Time Rapid Rehousing Initiative. This past year, the initiative was on track for its initial goals.

Now, in 2023, they’ve seen a 32% decrease in chronic homelessness and a 14% decrease in unsheltered homelessness. This has set them on the road to expand their goal to serve 6,000 individuals and families by 2025. The commitment that the Foundation made early on provided a path for the American Rescue Plan fund (ARPA) to be deployed to create a significant impact on helping people without housing in the Dallas area.

I’m proud to say that we also saw the fourth generation of Meadows family members take a vested interest in becoming part of our mission to serve the people of Texas, and we were able to showcase the best parts of this great state to them. Watching the youngest members of our family become immersed in our community and in the work we do inspired me and the staff, who showed them the very best of Texas when they visited in September 2022. 

2022 was the year to continue to keep our eye on immediate needs and continue to fund our long-term initiatives. I wouldn’t say we have the wind at our backs, but maybe a slight breeze. My thanks to the Foundation’s Board of Directors and staff, and the Meadows family members. Your tireless work and support have allowed us to do many good things for the people of Texas.

Look out for each other and be well,

Peter M. Miller
President & CEO

Our Founders

Algur Hurtle Meadows was born in Vidalia, Georgia, in 1899. Virginia Garrison Stuart was born in Ryan, Oklahoma, in 1902. After moving around the south, Al settled in Shreveport, where he met Virginia. They married in 1922. Al worked for Standard Oil by day and went to law school at night.

Al left Standard Oil to start his own finance firm and later founded an oil and gas production company. In 1936, they moved to Dallas where Al built General American Oil Company of Texas into one of the largest independent producers in the nation.

Al and Virginia chose Texas to receive their wealth as a perpetual gift to the state and its people who had been so generous to them. At the heart of their philanthropy was always a commitment to be a beacon for good in Texas.

IN REMEMBRANCE

John William Broadfoot Sr.

John William Broadfoot Sr. (1935-2022) was the grandson of Dr. John and Sally Meadows and the nephew of founders Al and Virginia Meadows. He served as a director and trustee of The Meadows Foundation for over 25 years. John served in the U.S. Army and Air Force. After completing his tour of duty, he became a Second lieutenant in the U.S. Army Medical Corp. He returned to Texas where he served as an assistant district attorney for Potter County in Amarillo, Texas. He later opened a private practice, practicing civil and criminal law.

GRANTS & PROGRAM-RELATED INVESTMENTS HIGHLIGHTS

2022

$24.2
Million

Chart by Visualizer

1948-2022

$1.36
Billion

Chart by Visualizer

GRANTS
MADE & PAID

Arts & Culture

GranteeGrant PurposeAward Amount
African American Museum, Dallas, TexasToward membership for 2022$5,000
Dallas Museum of Art, Dallas, TexasToward membership for 2022$25,000
Encore Park Dallas, Dallas, TexasToward the renovation of a historic building to serve as a social impact campus that promotes community cohesion$300,000
Friends of the Texas Historical Commission, Austin, TexasToward expanding the San Jacinto Battleground Historic Site$70,000
Frontiers of Flight Museum, Dallas, TexasToward hiring a new chief executive officer$82,000
Nasher Sculpture Center, Dallas, TexasToward membership for 2022$10,000
North Texas Public Broadcasting (KERA-Channel 13), Dallas, TexasToward a community-funded journalism partnership to broaden coverage of the arts and culture sector in North Texas$50,000
Project Row Houses, Houston, TexasToward the rehabilitation of the historic Eldorado Ballroom to serve as a hub of cultural and economic revitalization in Houston’s Third Ward$250,000
Southern Methodist University, Dallas, TexasTo sustain and build the Meadows School of the Arts and the Meadows Museum to standards of excellence$4,893,697
Southern Methodist University, Dallas, TexasToward support for the Meadows Scholars Program to recruit to recruit top students to the Meadows School of the Arts (part of a 10-year, $45 million grant awarded in 2015)$10,000
Texans for the Arts Foundation, Austin, TexasToward building staff capacity to increase public investment in arts and culture in Texas$90,000
Texas Panhandle Heritage Foundation Inc., Canyon, TexasToward new seats in the Pioneer Amphitheater that are compliant with the Americans with Disabilities Act$50,000
Civic & Public Affairs
GranteeGrant PurposeAward Amount
Austin Pets Alive, Austin, TexasToward statewide advocacy efforts to reduce euthanasia rates in animal shelters$100,000
Better Together Fund (a fund of the Dallas Foundation), Dallas, TexasToward continued support of a program to support local nonprofits to develop and implement formal and long-term collaborations$50,000
Communities Foundation of Texas, Dallas, TexasToward the 14th annual North Texas Giving Day program$50,000
Council on Foundations, Washington, DCToward membership for 2022$25,000
Dallas Spay Neuter Project (a fund of the Dallas Foundation), Dallas, TexasToward continued support for a spay and neuter program to reduce the number of intact dogs in Southern Dallas$150,000
El Paso Matters Inc., El Paso, TexasToward building a broader and more informed electorate in El Paso$75,000
Friends of Exall Park, Dallas, TexasToward installing a water fountain with dog bowl in Exall Park$6,850
Grantmakers For Effective Organizations, Washington, DCToward membership for 2022$9,690
Human Rights Initiative of North Texas, Dallas, TexasToward supporting legal services for unaccompanied immigrant minors$125,000
National Center for Family Philanthropy, Washington, DCToward membership for 2022$10,000
Nonprofit Management Center of the Permian Basin, Midland, TexasToward a philanthropic roundtable event for rural nonprofit leaders$5,000
North Texas Asset Funders Network (a fund of Communities Foundation of Texas), Dallas, TexasToward membership for 2022$10,000
Paws in the City, Dallas, TexasToward the support of seven rescue dogs $31,000
Philanthropy Roundtable, Washington, D.C.Toward membership for 2022$5,000
Philanthropy Southwest, Dallas, TexasToward membership for 2022$6,000
Rescued Pets Movement, Inc., Houston, TexasToward expanding and improving a fleet of transport vans to serve more homeless animals$75,000
Southern Gateway Public Green Foundation, Dallas, TexasToward constructing the Southern Gateway Park, a five-acre deck park spanning I-35E in southern Dallas$250,000
Texas Environmental Grantmakers Group (a fund for Philanthropy Southwest), Dallas, TexasToward membership for 2022$2,500
Texas Rural Funders (a fund of the Waco Foundation), Waco, TexasToward membership for 2022$10,000
The Public For Animal Welfare, Dripping Springs, TexasToward the remodel of a no-kill shelter to serve seven counties in Central and South Texas$47,000
Education
GranteeGrant PurposeAward Amount
Bachman Lake Together, Dallas, TexasToward an initiative to increase equity in early childhood and family outcomes in the Bachman Lake area$50,000
Big Brothers Big Sisters Lone Star, Dallas, TexasToward support for recovery of one-to-one mentoring relationships for at-risk youth impacted by COVID-19$100,000
Big Thought, Dallas, TexasToward a program to increase educational program access and digital credentials for youth$100,000
CAST Schools Network, San Antonio, TexasToward support for two pilot programs to improve teacher recruitment and retention$100,000
Catch the Next, Austin, TexasToward expanding programs to increase the postsecondary completion rates for Latino and first-generation students in North Texas$83,000
Child Poverty Action Lab, Dallas, TexasToward continued support for data-driven programs to reduce the number of Dallas children living in poverty$150,000
Commit2Dallas, Dallas, TexasToward continued support for a collective impact effort to improve educational outcomes in Dallas County and statewide$350,000
Dallas College Foundation, Inc., Dallas, TexasToward continued support for a transformational educator preparation program in North Texas$300,000
DonorsChoose, New York, New YorkToward support for Texas teachers to rebuild their classrooms from COVID-19 impacts$50,000
Educate Texas (a fund of Communities Foundation of Texas), Dallas, TexasToward continued support to improve postsecondary completion rates in Texas$500,000
Educate Texas (a fund of Communities Foundation of Texas), Dallas, TexasToward support for improving statewide teacher effectiveness$200,000
Empower Schools Inc., Brighton, MassachusettsToward support for innovative partnerships in rural education systems$150,000
Grantmakers for Education, Portland, OregonToward membership for 2022$3,000
Heart House, Dallas, TexasToward support of social-emotional educational programs for refugee and underprivileged children$50,000
Instruction Partners, Nashville, TennesseeToward the expansion of school partnerships to close unfinished learning gaps$75,000
Legacy Institute for Financial Education, Lufkin, TexasToward workforce training leading to industry-recognized certifications and employment for high-need individuals in East Texas$50,000
Momentous Institute, Dallas, TexasToward expansion of a social-emotional health curriculum in underserved schools in North Texas$75,000
Read Up (a fund of United Way of Metropolitan Dallas), Dallas, TexasToward support for a collaboration to provide reading support for elementary students and teacher training programs for early elementary teachers$125,000
RELAY Graduate School of Education, New York, New YorkToward continued support of a competency-based training program to prepare effective public school teachers$100,000
Springboard Collaborative, Philadelphia, PennsylvaniaToward improving literacy outcomes for pre-K through third-grade students$75,000
Teach Plus, Dallas, TexasToward the recruitment, selection, and training of Texas teachers to be advocates for effective education policy$75,000
TEACH.ORG, San Francisco, CaliforniaToward a Dallas-Fort Worth-wide system that recruits and increases the number of diverse teachers serving in public schools$150,000
Texas 2036, Dallas, TexasToward cultivating data tools and coalitions to inform and advocate for educational policy priorities impacting all Texans$250,000
Texas A&M Foundation, College Station, TexasToward continued expansion of an initiative to increase the postsecondary enrollment and completion rates of students in rural areas$129,704
Texas A&M San Antonio Foundation, San Antonio, TexasToward establishing the first Texas-based Educare, a national model for early education teacher training and workforce development$250,000
TexProtects, Dallas, TexasToward increasing the number of and access to high-quality childcare programs serving low-income infants, toddlers, and their families$150,000
The University of Texas Rio Grande Valley Foundation, McAllen, TexasToward launching a sustainable, affordable teacher residency model in the Rio Grande Valley$125,000
Urban Teachers, Dallas, TexasToward continued support for a program to prepare highly effective teachers in the Dallas area$150,000
Young Invincibles, Houston, TexasToward establishing a reflective and student-driven Texas Community College Student Advisory Council to share recommendations with policymakers$100,000
Environment
GranteeGrant PurposeAward Amount
American Bird Conservancy, The Plains, VirginiaToward litter reduction and expanding environmental education in the Gulf Coast region$50,000
Bat Conservation International, Austin, TexasToward combating a fungal disease threatening several bat species $75,000
Don Harrington Discovery Center Foundation, Amarillo, TexasToward an innovative, immersive environmental education exhibit featuring the historic biomes, plants, and animals of the Texas Panhandle$100,000
Environmental Defense Fund, New York, New YorkToward continued support for advancing groundwater sustainability in Texas$150,000
Frazier Revitalization for Restorative Farms, Dallas, TexasToward expanding farm training and crop production to provide South Dallas with fresh and sustainable food sources$113,000
Great Springs Project, Inc., Austin, TexasToward conserving an additional 694 acres of land over the Edwards Aquifer$150,000
Greenspace Dallas, Dallas, TexasToward restoring L.B. Houston Park$150,000
National Wildlife Federation, Austin, TexasToward ensuring adequate environmental flows in major Texas river basins $150,000
Native Prairies Association of Texas, Manchaca, TexasToward additional staff to support long-term organizational stability$84,000
Sierra Club, Oakland, CaliforniaToward continuing support for a Texas clean energy campaign$70,000
Solar United Neighbors, Washington, D.C.Toward continued support for solar co-ops in Texas to establish regional solar markets $100,000
Texas Energy Poverty Research Institute, Austin, TexasToward the development of a public-facing web-based energy decision support tool to help advance low-income households transition to efficient, reliable, and clean sources of energy$80,000
Texas Freedom Network Education Fund, Austin, TexasToward continued support of the Texas Youth Power Alliance’s climate justice initiative$75,000
Texas Property Assessed Clean Energy Authority, Austin, TexasToward the design, development, and administration of a database to increase organizational capacity$100,000
Texas Solar Energy Society, Bastrop, TexasToward a program to build resilient, socially equitable, clean energy communities and a diverse, well-trained workforce to support energy independence with solar energy$70,000
Texas Water Foundation, Austin, TexasToward continued development of Texas Runs on Water public awareness campaign$300,000
The National Center for Appropriate Technology, San Antonio, TexasToward building capacity to accelerate carbon-focused production practices for Texas farmers and ranchers to build soil health and mitigate climate disruptions$60,000
The Nature Conservancy, San Antonio, TexasToward expanding the state park system and protecting vital sources of water in the Hill Country$500,000
TreeFolks, Del Valle, TexasToward building climate resilience by planting trees in regional floodplains and low-income urban neighborhoods$75,000
Water Foundation, Sacramento, CaliforniaToward a pooled fund to attract investors in collaborating with Texas water organizations$250,000
Workers Assistance Program, Inc. for Texas Climate Jobs Project, Austin, TexasToward funding a new staff member to educate and mobilize working people to advance climate action in Texas$75,000
Health
GranteeGrant PurposeAward Amount
Children’s Bereavement Center of South Texas, San Antonio, TexasToward recovery services for the children and families of Uvalde$150,000
Dell Children’s Foundation, Austin, TexasToward embedding a clinical team to provide psychosocial support to expectant mothers and families within the Comprehensive Fetal Care Center$100,000
Episcopal Health Foundation (a fund of Austin Community Foundation), Austin, TexasToward administration of an emergency loan fund for community health clinics impacted by the pandemic$36,000
First3Years, Addison, TexasToward continued support of a project to reunify infants and toddlers in foster care with parents or family members$125,000
half Helen, Austin, TexasToward the implementation of a sustainable vision support program for children$100,000
Hand to Hold, Austin, TexasToward expansion of virtual programming for neonatal intensive care unit families$65,000
Headstrong Project, Boston, MassachusettsToward expanding mental health and suicide prevention services for veterans in Texas$125,000
Heart of Texas Region MHMR Center, Waco, TexasToward a community-supported facility that will provide crisis-care coordination for residents$300,000
Johnson County Children’s Advocacy Center, Cleburne, TexasToward construction of a new therapeutic facility for children and teens who have suffered abuse$100,000
Kids Inc. of Amarillo Texas, Amarillo, TexasToward construction of the only outdoor complex in the region to provide a safe environment for children and youth$250,000
LifePath Systems, McKinney, TexasToward the LOSS Team initiative, which provides support to survivors of suicide$25,000
Lone Star Justice Alliance, Austin, TexasToward the hire of a full-time mental health counselor to support clients in a career readiness program$100,000
Meadows Mental Health Policy Institute, Dallas, TexasToward continued support of a statewide mental health policy institute designed to improve the mental health system of Texas (part of a five-year, $10 million grant awarded in 2017)$2,500,000
Meadows Mental Health Policy Institute, Dallas, TexasToward start-up costs for a third hospital system to implement an initiative to end untreated depression in North Texas$250,000
Metrocare, Dallas, TexasToward the construction of a new behavioral health innovation center to meet the demand for mental and behavioral health services$500,000
MHMR Visions, Fort Worth, TexasToward the creation of a centralized navigation system for families of children, ages 6-18, in need of developmental and emotional support$134,000
NAMI Texas, Austin, TexasToward support for a statewide family-based mental health education and awareness initiative$75,000
RecoveryWerks!, New Braunfels , TexasToward the next generation of recovery support professionals while continuing to meet the growing need for recovery support services for teens and families in rural Texas$60,000
Smith County Champions for Children, Tyler, TexasToward meeting the needs of young children who have been disproportionately impacted by COVID-19 and are experiencing emotional, developmental, and behavioral challenges$155,000
Texas Advocacy Project, Austin, TexasToward strengthening the new social work program at Texas Advocacy Project$88,000
Texas Behavioral Health Funders Collaborative (a fund of Austin Community Foundation), Austin, TexasToward membership for 2022$2,500
Texas Scottish Rite Hospital for Crippled Children, Dallas, TexasToward establishing a permanent and sustainable psychological support strategy for pediatric orthopedic patients$136,000
The Child and Family Guidance Center of Texoma, Sherman, TexasToward expanding and renovating an existing building to increase capacity for mental health care services$100,000
The University of Texas Southwestern Medical Center at Dallas, Dallas, TexasToward continued support for integrating a depression screening platform and technical assistance into hospital systems$750,000
Twelfth Step Ministry, Inc., Dallas, TexasToward a new building for addiction support groups$150,000
Human Services
GranteeGrant PurposeAward Amount
29 Acres, Cross Roads, TexasToward constructing additional independent living homes for differently-abled young adults$85,000
Advance Together (a fund of The Dallas Foundation), Dallas, TexasToward support for community partnerships to increase economic mobility for Texans$100,000
Bonton Farms (a fund of The Dallas Foundation), Dallas, TexasToward constructing units of affordable housing for sober living$300,000
Buildingcommunity Workshop, Dallas, TexasToward the construction of affordable home models to inform neighborhood housing policy in Dallas$57,250
Caritas of Waco, Waco, TexasTo reduce food insecurity and support McLennan County residents in honor of William Nesbitt’s service to The Meadows Foundation$25,000
Casa Esperanza  – Hope House, Liberty Hill, TexasToward quality housing for children with physical and mental disabilities $100,000
Cen-Tex Certified Development Corporation dba BCL of Texas, Austin, TexasToward capacity building and support for developers of color to increase community-based solutions for housing affordability$264,250
Central Texas Food Bank, Austin, TexasToward an efficient warehousing and inventory management system$47,000
Children’s Advocacy Center for Denton County, Lewisville, TexasToward expansion of clinical services to address the impact of the COVID-19 pandemic$100,000
Children’s Advocacy Centers of Texas, Austin, TexasToward advocacy efforts to ensure a social safety net is provided for child victims of crime$225,000
City House, Plano, TexasToward capital improvements of an emergency shelter for children, youth, and young adults in Collin County$58,000
Communities Foundation of Texas, for North Texas Cares, Dallas, TexasToward extend appreciation and support to COVID-19 frontline workers$250,000
Covenant With Christ International Inc. dba Trinity River Food Bank, Cleveland, TexasToward constructing a new food bank facility to serve rural East Texas $134,000
Dallas CASA, Dallas, TexasToward support of volunteer recruitment, training, and supervision programs $155,000
Dallas County Health and Human Services, Dallas, TexasToward the purchase and installation of air conditioning units for low-income and heat-vulnerable populations$50,000
Dallas Eviction Advocacy Center (a fund of Dallas Social Venture Partners),
Dallas, Texas
Toward continuing to prevent evictions of vulnerable tenants in North Texas $150,000
Dwell With Dignity Inc,
Dallas, Texas
Toward the purchase of a warehouse to sell donated furniture to fund the installation of home interiors for families in need in Dallas$75,000
Foundation Communities, Austin, TexasToward the completion of The Loretta, a 137-unit supportive housing community for families in Austin$200,000
Habitat for Humanity of San Antonio, San Antonio, TexasToward the construction homes for families in need $150,000
Honor Veterans Now, Fredericksburg, TexasToward expanding the Meals for Vets program to more rural and under-resourced counties$75,000
IEA Inspire Encourage Achieve, Beaumont, TexasToward a new program for juvenile offenders to encourage public service, civic engagement and reduce recidivism$50,000
International Rescue Committee, Dallas, TexasToward the Newcomer School Success Program for refugees and other displaced populations$100,000
JUST Community, Austin, TexasToward expanding services into El Paso to provide economic opportunity for Latina women$100,000
Keep America Beautiful, Inc., Stamford, ConnecticutToward post-disaster tree planting for North Texas communities impacted by the 2019 tornados and a toolkit to inform their tree planting work across the state$100,000
Meals For The Elderly, San Angelo, TexasToward facility renovations to increase nutrition services for senior citizens in need$55,000
Metrocrest Social Services Incorporated, Farmers Branch, TexasToward construction of a new facility to holistically end poverty in northwest Dallas County$250,000
National Mentoring Partnership Incorporated, Boston, MassachusettsToward the launch of MENTOR Texas to increase the quality and quantity of mentoring relationships for Texas’ youth$50,000
New Friends New Life, Dallas, TexasToward a successful social enterprise model to convert the wildflower lot property in the Wilson Historic District into a farm$500,000
Nutrition & Services for Seniors, Beaumont, TexasToward the renovation of a building to expand services and meals provided to homebound seniors$40,000
Operation FINALLY HOME, New Braunfels, TexasToward support for an innovative partnership between school districts and builders to provide housing for homeless veterans$58,000
Refugee Services of Texas, Dallas, TexasToward building capacity in the San Antonio service center$110,000
SafeHaven of Tarrant County, Arlington, TexasToward emergency funding for an abuse intervention and prevention program$100,000
South Dallas Fair Park Innercity Development Corporation, Dallas, TexasToward developing Mill City Townhomes, an eight-unit, energy-efficient, single-family townhouse development$150,000
Streetside Showers Inc., McKinney, TexasToward access to showers, hygiene products, clothes, and food for those experiencing homelessness $5,000
Texas Baptist Men, Dallas, Texas
To replenish supply reserves in preparation for future Texas disaster relief needs$100,000
Texas CASA, Austin, TexasToward support of the new Early Childhood Initiative to increase support for Texas children ages 0-5 in foster care$100,000
Texas Center for Child and Family Studies, Austin, TexasToward expanding capacity to provide critical services to children and families engaged with the child welfare system in North Texas$199,000
The Field’s Edge, Midland, TexasToward providing housing and services for homeless individuals in the Midland area$100,000
The SAFE Alliance, Austin, TexasToward meeting a matching grant to support a program helping parents fleeing domestic violence to keep their children safe$90,000
Trinity Park Conservancy for the Josephine Torres Cultural and Community Center, Dallas, TexasToward the purchase and conservation of a community center$132,800

OUR PEOPLE

Board of Directors

Robert A. Meadows
Chairman of the Board of Trustees, Trustee & Director

John Broadfoot Jr.
Director

Linda Perryman Evans
Trustee & Director

Olin Lancaster III
Director

Eric Meadows
Trustee & Director

Karen Meadows
Trustee & Director

Michael Meadows
Director

Peter M. Miller
Trustee & Director

Bill Nesbitt
Trustee & Director

Alfreda B. Norman
Trustee & Director

George Ritzen
Trustee & Director

David M. Rosenberg
Trustee & Director

Jean Silvertooth
Trustee & Director

Katy Stone
Director

Joel Williams III
Trustee & Director

Andrew Wilson
Director


Directors Emeriti

Judy B. Culbertson

John Broadfoot Sr.

Sally R. Lancaster

Curtis W. Meadows Jr.

Sally Cheney Miller

Dorothy Cheney Wilson


Executive Officers

Peter M. Miller
President & CEO

Laura Bowers
Corporate Secretary

Bruce H. Esterline
Senior Vice President for Strategy

Charles Glover
Vice President of Grants

Paula N. Herring
Vice President & Treasurer

Robert A. Meadows
Vice President

Meghan Parry
Vice President of Communications


Foundation Staff

Brandon Abbott
Senior Infrastructure Engineer

Chris Anderson
Director of Operations

Zimo Banta
Director of Learning & Evaluation

Carol Brabham
Administrative Assistant

Ivan Carrizales
Property Assistant

Danny Chandler
Director of Security & Risk Management

Michelle Chiara
Grants Associate

Tania Curry
Program Officer

Cami Farley
Facilities Manager

Alison Flener
Director of Finance and Controller

Tanya Fludd
Receptionist

Kimberly Flynn
Administrative Manager

Tamara Franco
Program Officer

Amanda Fransham
Senior Program Officer

Martin Garcia-Aguilar
Property Assistant

Polly Garza
Central Administrator

Patricia Glasgow
Financial Operations Manager

Tammy Hampton
Vice President of HR Administration

John Hardy
Property Assistant

Donny Hawkland
Property Assistant

Steven Herrera
Property Assistant

Regina Joseph
Receptionist

Mary Jud
Program Coordinator

Michael K. McCoy
Vice President of Climate Impact

Deanna Miller
Director of Information Technology

Destiny Nash
Meeting Coordinator

Christina O’Brien
Project Manager

Raymond Pecchioni
Property Coordinator

Frank Quintero
Facilities Coordinator

Heather Roberts
Project Associate

Danny Schluter
Property Assistant

Rosie Sosa
Program Analyst

James Stover
Property Assistant

Catherine Stringer
Accounting & Finance Manager

Alayna Thomas
Human Resources Generalist

Lizette Villarreal-Montes
Program Officer

John Wagner
Systems Analyst

FINANCIAL STATEMENTS

December 31, 2022 and 2021

Statements of Financial Position
2022 2021
Assets
Cash and cash equivalents  $      2,342,408  $         2,482,353
Investments      651,618,469      751,696,250
Program-related investments, net         21,921,515        22,884,917
Fixed assets, net             273,097             273,903
Other assets             269,400             165,278
       Total assets  $   676,424,889  $   777,502,701
Liabilities and Net Assets
Accounts payable and accrued liabilities  $      930,886  $         1,159,953
Grants payable, net of discount        23,344,371        32,345,562
Accrued pension and postretirement benefits          3,878,230          3,940,616
Federal current and deferred tax payable             17,488             609,317
       Total liabilities        28,170,975        38,055,448
Net assets without donor restrictions
   Designated for Robert Meadows Fund             600,000          750,000
   Designated for Jack Hammack Fund             250,000             375,000
   Designated for Linda P. Evans Fund            469,000          825,000
   Designated for Mark Meadows Fund             500,000             500,000
   Undesignated      646,434,914      736,997,253
         Total net assets      648,253,914      739,447,253
Total liabilities and net assets  $   676,424,889  $   777,502,701
Statements of Activities
2022 2021
Investment Return
Dividends and interest  $      3,223,652  $      5,366,609
Net realized (loss)/gain on investments (3,636,707)        126,970,242
Net unrealized loss on investments (52,891,508)        (14,342,511)
Other income 2,344,409         2,142,991
Investment and related fees (10,011,375)        (10,336,178)
Income and excise tax expense             13,004           (1,125,841)
Investment return, net     (60,958,525)        108,675,312
Grants and Operating Activities
Grants awarded        18,109,015        22,783,665
Program-related expenses         5,454,261         4,044,167
Direct charitable activities            117,947            439,526
Grants management         2,792,823         3,280,903
General management         3,780,064         3,775,152
Total grants and operating activities        30,254,110        34,323,413
Change in net assets from operating activities        (91,212,635)        74,351,899
Nonoperating Activities
Pension and postretirement changes other than the service cost component of net periodic benefit cost            19,296              222,735
Change in net assets without donor restrictions        (91,193,339)        74,574,634
Net assets without donor restrictions, beginning of year      739,447,253      664,872,619
Net assets without donor restrictions, end of year  $  648,253,914  $  739,447,253
Statements of Cash Flows
2022 2021
Cash flows from operating activities
Change in net assets  $ (91,193,339)  $     74,574,634
Adjustments to reconcile change in net assets to net cash used in operating activities:
Depreciation            750,189            886,461
Net realized loss/(gain) on investments     3,636,707         (126,970,242)
Net unrealized loss on investments        52,891,508       14,342,511
Conversion of investment asset to program-related investment asset         -                  2,080,299
Pension and postretirement changes other than net periodic benefit cost           25,648             (202,093)
Changes in operating assets and liabilities:
(Increase)/Decrease in other assets            (104,122)            260,846
(Decrease)/Increase in accounts payable and accrued liabilities          (229,067)          242,802
(Decrease) in grants payable        (9,001,191)        (2,059,615)
(Decrease) in deferred excise taxes payable           (591,829)            (166,978)
(Decrease) in accrued pension and postretirement benefits           (88,034)              (41,345)
Net cash used in operating activities       (43,903,530)       (37,052,720)
Cash flows from investing activities
Proceeds from sales of investments      293,763,189      588,630,870
Purchases of investments     (250,213,623)     (549,306,883)
(Decrease) in cash collateral received under securities lending agreement       -        (33,591,679)
 Decrease in payable under securities lending agreement        -       33,591,679
Investment in PRI loan           300,000                (200,000)
Capital expenditures           (85,981)           (268,826)
   Net cash provided by investing activities      43,763,585        38,855,161
Net increase in cash and cash equivalents         (139,945)              1,802,441
Cash and cash equivalents, beginning of year         2,482,353            679,912
Cash and cash equivalents, end of year  $    2,342,408  $        2,482,353
Supplemental cash flow information
Income and excise tax paid, net of refunds $     566,710 $       1,018,578
Noncash items
Rent-free lease income         2,332,954         2,136,530
Grants of free office space         2,085,449         2,003,427
Conversion of investment asset to program-related investment asset         -              2,080,299
View Full Financials