2021
Annual Report
The Meadows Foundation exists to assist the people of institutions of Texas improve the quality and circumstances of life for themselves and future generations.
NOTE FROM THE PRESIDENT
In the early days of Al Meadows’ career, his company barely stayed afloat. It usually came down to the wire to scrape together enough money to pay the bills. So, when a client with a profitable contract came to Al and asked to back out of the deal, he could have easily said no. Instead, he tore it up in front of the client – no questions asked. He offered to help in the future should they change their mind.
Ninety days later, they did. Without hesitation, Al gave them the same terms as the previous contract. This was how he built his company and his reputation.
I share this story because I believe it captures who Al and Virginia Meadows were. They always had faith in people. Trust, loyalty, and integrity counted for more than money ever did. Wealth was only worth as much as it could help others. They genuinely believed in the ability of their family, their employees, the people they did business with, and their community to make great things happen.
While the world has changed since Al and Virginia’s lifetimes, their values still guide the work of The Meadows Foundation, which they created in 1948 with the sole mission of serving Texas. They were unwavering in their devotion to the people of the state and wanted to improve life here for generations to come.
They entrusted their beloved family with the Foundation’s future. As a member of the Meadows family, I think I can speak for everyone when I say it is both an incredible privilege and an incredible responsibility we take seriously. Three generations of my family have been committed to Al and Virginia’s mission. Now, as we begin to transition to the fourth generation, I can see they are just as dedicated to and excited about this work as the generations before.
One thing I know for sure they will come to understand and rely on is the Foundation’s staff. Whether they’ve been here for 30 years or three months, our staff share the same faith in people and the purpose of our mission as Al and Virginia. Their diverse mix of expertise and perspectives carry on the Meadows’ legacy and carry us forward to best serve Texas.
In 2021, I thought the pandemic might ease up. It didn’t. The staff didn’t miss a beat.
They plowed ahead with the big picture of our work in mind while being responsive to the uncertainty of the moment. Whether it was addressing internet connectivity in rural areas, the massive winter storm aftermath, or the sharp increase of unaccompanied minors at the border, they made great things happen.
What I am most proud of, though, is the relationships they built. Even with everything going on, including in their lives outside of work, they did not lose the personal touch and partnership the Foundation is known for. They exemplified the spirit and character of our founders because no one worked for Al and Virginia. They worked with them.
I invite you to learn more about a few of the Foundation’s staff and their perspectives on the pandemic and 2021.
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 and spent most of her youth in Shreveport, Louisiana. After moving around the south, Al also settled in Shreveport, where they met. They married in 1922. Al worked for Standard Oil by day and studied law at night.
Al left Standard Oil to start his own finance firm and later founded an oil and gas production company. He and Virginia moved to Dallas in 1936 where he built General American Oil Company of Texas into one of the largest independent producers in the nation.
We are often asked why we only give to programs benefitting Texas. After all, it was really Al and Virginia’s adopted home state.
While they gave to causes in Louisiana, Georgia, and other national and international areas, Al and Virginia chose Texas to receive the majority of their wealth as an everlasting gift to the state and its people who had been so generous to them. At the heart of their philanthropy was a commitment to be a perpetual resource for good in Texas.
IN REMEMBRANCE
Eloise Meadows Rouse
Eloise Meadows Rouse (1931-2021) was Al and Virginia’s niece, a teacher, and a force of nature. She served the Foundation as a Board member for six years and as Vice President of Special Projects for 15 years. Her background and love of education led her to develop the Foundation’s Charitable Schools Program, which promoted youth community service in Dallas-Fort Worth middle and high schools. The program ultimately awarded $4.2 million to support planning and implementing service projects.
MEADOWS STAFF SPOTLIGHTS
GRANTS & PROGRAM-RELATED INVESTMENTS HIGHLIGHTS
2021
$34.3
Million
1948-2021
$1.31
Billion
GRANTS BY COUNTIES SERVED
GRANTS
MADE & PAID
Arts & Culture
Grantee | Grant Purpose | Award Amount |
---|---|---|
African American Museum, Dallas, Texas | Toward 2021 membership | $5,000 |
Dallas Museum of Art, Dallas, Texas | Toward 2021 membership | $25,000 |
Dallas Summer Musicals, Dallas, Texas | Toward classroom instruction based on the musical Hamilton in conjunction with a free performance for DISD students and teachers | $100,000 |
Encore Park, Dallas, Texas | Toward the renovation of a historic building to serve as a social impact campus that promotes community cohesion | $300,000 |
Heart of the Hills Heritage Center, Kerrville, Texas | Toward a new center to serve as the hub for information and history of the Texas Hill Country | $50,000 |
Kathlyn Joy Gilliam Museum, Dallas, Texas | Toward the restoration of a historic landmark and learning center | $43,000 |
Latino Cultural Center (a fund of Communities Foundation of Texas), Dallas, Texas | Toward outfitting a new multiform theater space to establish the first two Latino resident theater companies in Dallas | $85,000 |
Nasher Sculpture Center, Dallas, Texas | Toward 2021 membership | $10,000 |
Southern Methodist University, Dallas, Texas | Toward support for the Meadows Scholars Program to recruit top students to the Meadows School of the Arts | $10,000 |
Southern Methodist University, Dallas, Texas | To sustain and build the Meadows School of the Arts and the Meadows Museum to standards of excellence (part of a 10-year, $45 million grant awarded in 2015) | $3,144,838 |
Texas Ballet Theater, Fort Worth, Texas | Toward emergency operating support due to COVID-19 and the winter storm | $75,000 |
Civic & Public Affairs
Grantee | Grant Purpose | Award Amount |
---|---|---|
American Bird Conservancy, The Plains, Virginia | Toward a campaign to reduce pollution along the upper Texas coast | $75,850 |
American Forests, Washington, DC | Toward restoring thorn scrub forests in the Lower Rio Grande Valley | $77,000 |
Austin Pets Alive, Austin, Texas | Toward continued support for teaching shelter medicine to veterinarians and veterinary students | $75,000 |
Best Friends Animal Society, Kanab, Utah | Toward sustaining and expanding no-kill practices in Texas shelters | $100,000 |
Catchafire Foundation, New York, New York | Toward providing nonprofit organizations with access to virtual management assistance to increase capacity | $280,000 |
Center for Public Policy Priorities, Austin, Texas | Toward expanding efforts related to protecting access to affordable health care in Texas (awarded in 2020) | $75,000 |
Communities Foundation of Texas, Dallas, Texas | Toward support for North Texas Giving Day | $50,000 |
Conservation History Association of Texas, Austin, Texas | Toward publishing the first book-length biography of Andrew Sansom, founder of The Meadows Center for Water and the Environment | $57,500 |
Council on Foundations, Washington, DC | Toward 2021 membership | $25,000 |
EcoRise Youth Innovations, Austin, Texas | Toward advancing climate resilience and preparing the future workforce for green jobs | $100,000 |
Environmental Defense Fund, New York, New York | Toward continued support for advancing groundwater sustainability in Texas | $100,000 |
Generation Citizen, New York, New York | Toward continued support to expand civic education in Texas classrooms | $75,000 |
Houston Wilderness, Houston, Texas | Toward preserving the coastline along the Houston Ship Channel | $100,000 |
Human Rights Initiative of North Texas, Dallas, Texas | Toward temporary housing, food, and utilities for new immigrants and those seeking asylum | $20,000 |
Human Rights Initiative of North Texas, Dallas, Texas | Toward supporting legal services for unaccompanied immigrant minors | $125,000 |
Lower Rio Grande Valley Nature Center, Weslaco, Texas | Toward continuing virtual summer environment camps for children | $65,000 |
National Center for Family Philanthropy, Washington, DC | Toward 2021 membership | $10,000 |
Parks for Downtown Dallas, Dallas, Texas | Toward developing green space in Dallas’ Central Business District | $200,000 |
Philanthropy Roundtable, Washington, DC | Toward 2021 membership | $5,000 |
Philanthropy Southwest, Dallas, Texas | Toward 2021 membership | $6,000 |
Rural Community Assistance Partnership Incorporated, Washington, DC | Toward improving water infrastructure in rural communities | $100,000 |
San Antonio Pets Alive, San Antonio, Texas | Toward emergency operating support resulting from COVID-19 | $50,000 |
The Saving Hope Foundation, Fort Worth, Texas | Toward increasing the number of spayed and neutered animals in Fort Worth | $50,000 |
Sierra Club, Lone Star Chapter, Oakland, California | Toward continuing support for a clean energy campaign | $70,000 |
Solar United Neighbors, Washington, DC | Toward expanding regional solar co-ops in North Texas | $75,000 |
South-Central Partnership for Energy Efficiency as a Resource, Buda, Texas | Toward continuing to provide technical assistance to governmental entities to achieve energy efficiencies in the built environment | $70,000 |
Texas 2036, Dallas, Texas | Toward continued support for a long-term strategic plan to address the needs of Texas’ rapidly growing population | $250,000 |
Texas Coastal Exchange, Houston, Texas | Toward developing a system to compensate landowners for carbon sequestration and other benefits derived from healthy ecosystems | $100,000 |
Texas Conservation Alliance, Dallas, Texas | Toward support for a campaign to save migratory birds in Dallas | $50,000 |
Texas Electric Transportation Resources Alliance Education Fund, Austin, Texas | Toward developing an electric transportation roadmap and helping mitigate the impacts of climate change | $75,000 |
Texas Energy Poverty Research Institute, Austin, Texas | Toward a solar energy program focused on low- to moderate-income communities | $95,000 |
Texas Environmental Grantmakers Group (a fund of Philanthropy Southwest), Dallas, Texas | Toward 2021 membership | $2,500 |
Texas Freedom Network Education Fund, Austin, Texas | Toward supporting the Texas Youth Power Alliance’s climate justice initiative | $75,000 |
Texas Hispanic Policy Foundation, Dallas, Texas | Toward a startup to enhance opportunities and life outcomes of Texas Hispanics through research, modeling, and analytics | $75,000 |
Texas Land Conservancy, Austin, Texas | Toward strengthening stewardship of conservation easements in critical watersheds | $85,000 |
Texas Rice Industry Coalition for the Environment, Pierce, Texas | Toward restoring high-quality wetland and prairie habitat on the Texas coast | $35,000 |
Texas Rural Funders (a fund of Waco Foundation), Waco, Texas | To support a consortium of Texas funders focused on the needs of rural communities | $60,000 |
Texas Solar Energy Society, Austin, Texas | Toward solutions to increase the supply of solar energy | $75,000 |
The Texas Tribune, Austin, Texas | Toward continued support to build capacity, enhance technology and expand readership | $250,000 |
Texas Water Foundation, Austin, Texas | Toward continued advocacy for effective water management and conservation policies | $150,000 |
United States Endowment for Forestry and Communities, Greenville, South Carolina | Toward introducing the use of Environmental Impact Bonds in Texas for addressing environmental challenges | $200,000 |
Education
Grantee | Grant Purpose | Award Amount |
---|---|---|
AVANCE, Inc., San Antonio, Texas | Toward expanding a home-based, child care provider training program to meet increased demand resulting from COVID-19 (awarded in 2020) | $50,000 |
Big Thought, Dallas, Texas | Toward support for a program to improve college enrollment rates in Dallas County | $75,000 |
Catch the Next, Austin, Texas | Toward expanding programs to increase postsecondary completion rates for Latino students | $75,000 |
Center for Vision Health, Dallas, Texas | Toward establishing the South Dallas clinic | $25,000 |
Central Texas Conference for Project Transformation Central Texas, Fort Worth, Texas | Toward emergency operating support for a literacy program for children and young adults | $25,000 |
City Year, Dallas, Texas | Toward support for addressing student learning loss, emotional health, and attendance in Dallas schools | $50,000 |
Collegiate Edu-Nation, Roscoe, Texas | Toward continued support for an innovative partnership to increase postsecondary completion rates for rural Texas students | $100,000 |
Commit2Dallas, Dallas, Texas | Toward continued support for a collective impact effort to improve educational outcomes in Dallas County and statewide | $350,000 |
Dallas Leadership Foundation, Dallas, Texas | Toward a job skills training program in response to the COVID-19 pandemic | $100,000 |
Dallas Morning News EdLab (a fund of Communities Foundation of Texas), Dallas, Texas | Toward community-funded journalism to deepen coverage of public education in North Texas and across the state | $25,000 |
Dollars for College (a fund of Communities Foundation of Texas), Dallas, Texas | Toward continued support of a financial incentives program to increase college access for low-income families and students | $45,000 |
DonorsChoose, New York, New York | Toward support for Texas teachers amidst challenges due to COVID-19 and the winter storm Uri | $50,000 |
Educate Texas (an initiative of Communities Foundation of Texas), Dallas, Texas | Toward improving postsecondary completion rates in Texas | $700,000 |
Education Opens Doors, Dallas, Texas | Toward continued support to increase postsecondary preparedness among middle school students | $100,000 |
Grantmakers for Education, Portland, Oregon | Toward 2021 membership | $3,000 |
Greater Dallas Asian American Chamber of Commerce Economic Development & Education, Dallas, Texas | Toward education and employment services for Southeast Asian refugees impacted by COVID-19 | $50,000 |
Green Dot Public Schools Southeast Texas, Beaumont, Texas | Toward developing a district-charter partnership model to increase postsecondary readiness | $150,000 |
Instruction Partners, Nashville, Tennessee | Toward continued support for rural school systems during COVID-19 recovery | $75,000 |
Jolt Initiative, Austin, Texas | Toward civic engagement and learning opportunities for Latino Texans | $35,000 |
Kidlinks, Dallas, Texas | Toward expansion of an online social-emotional platform for children with special needs in Texas community health centers | $50,000 |
Principal Impact Collaborative (a fund University of North Texas at Dallas), Dallas, Texas | Toward increasing the number of highly effective principals in North Texas schools | $111,000 |
RELAY Graduate School of Education, New York, New York | Toward continuing to expand a competency-based training program to prepare effective public school teachers | $150,000 |
ScholarShot, Dallas, Texas | Toward support for a digital advising program to increase postsecondary completion rates of first-generation students | $25,000 |
South Texas College, McAllen, Texas | Toward increasing the postsecondary completion rates in the Rio Grande Valley | $289,388 |
Southeast Texas Family Resource Center Inc., Beaumont, Texas | Toward supporting students who have experienced learning loss due to COVID-19 school closures | $20,000 |
SustainED Leaders (a fund of Communities Foundation of Texas) | Toward development and relaunch of competency-based education leadership programs | $100,000 |
TalkingPoints, San Francisco, California | Toward support for expanding digital technology for English language learners | $100,000 |
Teach For America, Dallas, Texas | Toward the development of a strong pipeline of alumni educators, school leaders, and other catalytic roles for the state of Texas | $300,000 |
Teach Plus, Dallas, Texas | Toward continued efforts to train Texas teachers to be advocates for effective education policy | $75,000 |
Texans Care For Children, Austin, Texas | Toward developing a web-based, interactive dashboard to communicate school readiness metrics and inform statewide priorities | $215,000 |
Texas A&M University-San Antonio, San Antonio, Texas | Toward research and interventions to increase postsecondary success for Mexican American students in Texas | $77,000 |
Texas Higher Education Foundation, Austin, Texas | Toward training for higher education leaders and promoting statewide higher education goals | $15,000 |
TexProtects, Dallas, Texas | Toward increasing the number of and access to high-quality childcare programs serving low-income infants and toddlers | $150,000 |
United to Learn, Dallas, Texas | Toward a pilot to establish a new and innovative teacher pipeline in Dallas | $75,000 |
The University of Texas at Arlington, Arlington, Texas | Toward a pilot to train early childhood teachers to better serve at-risk students | $50,000 |
Urban Teachers, Dallas, Texas | Toward continued support for a program to prepare highly effective teachers in the Dallas area | $150,000 |
Valley Initiative for Development and Advancement, Mercedes, Texas | Toward continued support for training low-income, Latina women in high-demand occupations | $75,000 |
Year Up, Dallas, Texas | Toward workforce training for youth and increasing postsecondary completion rates | $75,000 |
Health
Grantee | Grant Purpose | Award Amount |
---|---|---|
22Kill, Dallas, Texas | Toward program support for clinical therapy services for veterans, first responders, and their families | $5,000 |
Association of Persons Affected by Addiction, Dallas, Texas | Toward continuing recovery support services to individuals affected by mental health and substance abuse during the COVID-19 pandemic | $50,000 |
Bonton Farms (a fund of The Dallas Foundation), Dallas, Texas | Toward emergency funds needed due to the winter storm | $64,000 |
The Center For Integrative Counseling and Psychology, Dallas, Texas | Toward replacing an electronic health record system to enhance mental health services | $150,000 |
Children’s Advocacy Center of Smith County, Tyler, Texas | Toward the purchase and renovation of a facility to expand services for abused children in Smith County | $150,000 |
Children’s Bereavement Center of South Texas, San Antonio, Texas | Toward support for additional grief services in the Rio Grande Valley related to COVID-19 | $50,000 |
Children’s Medical Center Foundation, Dallas, Texas | Toward creating the Pediatric Mental Health Innovation Center | $260,000 |
Christus Health Foundation, Irving, Texas | Toward emergency and immediate support and relief to front-line hospital workers during the current COVID-19 surge | $100,000 |
Communities In Schools Dallas Region, Dallas, Texas | Toward school-based clinical mental health evaluations and interventions for students | $200,000 |
Cook Children’s Health Foundation, Fort Worth, Texas | Toward emergency and immediate support and relief to front-line hospital workers during the current COVID-19 surge | $50,000 |
El Paso Child Guidance Center, El Paso, Texas | Toward expanding capacity to provide a continuum of mental health services for children in El Paso | $100,000 |
Gulf Bend Center, Victoria, Texas | Toward renovating the clinic to expand services and meet clinical certification requirements | $250,000 |
Hill Country Christian Counseling Center, Kerrville, Texas | Toward telecounseling infrastructure and support for rural Hill Country counties impacted by the COVID-19 pandemic | $50,000 |
Hope Clinic of McKinney, McKinney, Texas | Toward a medical facility serving low-income individuals of Collin County | $50,000 |
Legacy Counseling Center, Dallas, Texas | Toward building capacity and expanding telehealth services to better serve individuals with HIV/AIDS | $50,000 |
Meadows Mental Health Policy Institute, Dallas, Texas | Toward start-up costs for Baylor Scott & White hospital system to implement initiative to end untreated depression in North Texas | $250,000 |
Meadows Mental Health Policy Institute, Dallas, Texas | Toward 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) | $2,000,000 |
Meadows Mental Health Policy Institute, Dallas, Texas | To endow the Linda Perryman Evans President’s Endowed Chair | $1,000,000 |
Mental Health America of Greater Houston, Houston, Texas | Toward advancing the practice of integrated health care throughout Texas | $200,000 |
Methodist Health System Foundation, Dallas, Texas | Toward emergency and immediate support and relief to front-line hospital workers during the current COVID surge | $50,000 |
Metrocare, Dallas, Texas | Toward the construction of a new Behavioral Health Innovation Center to meet the demand for mental and behavioral health services | $500,000 |
Parkland Health & Hospital System, Dallas, Texas | Toward emergency and immediate support and relief to front-line hospital workers during the current COVID surge | $50,000 |
Patriot PAWS Service Dogs, Rockwall, Texas | Toward a pilot program to train service dogs to assist first responders and victims of crisis, trauma, or disaster | $34,000 |
RecoveryWerks!, New Braunfels , Texas | Toward hiring staff to expand free substance use recovery support services for teens and their families in rural Texas | $50,000 |
Special Olympics Texas, Hurst, Texas | Toward expanding a program to improve the health of people with intellectual disabilities in North Texas | $79,000 |
Texas Association of Community Health Centers, Austin, Texas | Toward assisting health centers to operationalize telehealth/telemedicine services | $100,000 |
Texas Center for Child and Family Studies, Austin, Texas | Toward continuing to assist child welfare service providers affected by the COVID-19 pandemic | $150,000 |
Texas Equitable Vaccine Uptake Fund (a fund of Greater Houston Community Foundation), Houston, Texas | Toward a funder collaborative to increase COVID-19 vaccine uptake in hard-to-reach populations | $250,000 |
Texas Tech University Health Sciences Center – El Paso, El Paso, Texas | Toward providing mental wellness and counseling services for frontline healthcare workers and reducing the COVID-19 infection rate in El Paso County | $210,000 |
Torch Foundation, Round Rock, Texas | Toward expanding capacity to assist rural health clinics in the state during COVID-19 | $50,000 |
The University of Texas Southwestern Medical Center at Dallas, Dallas, Texas | Toward continued support for integrating a depression screening platform and technical assistance into hospital systems as part of the ending untreated depression initiative in North Texas | $750,000 |
Human Services
Grantee | Grant Purpose | Award Amount |
---|---|---|
Aids Interfaith Network, Dallas, Texas | Toward expanding nutrition and wellness facility serving persons living with HIV | $50,000 |
Amazing Care, Fort Worth, Texas | Toward a safe home environment for adults who are older, veterans, formerly incarcerated, and/or have a mental illness | $5,000 |
American Red Cross, North Texas Region, Dallas, Texas | Toward supporting relief operations related to Winter Storm Uri | $50,000 |
Bonton Farms (a fund of The Dallas Foundation), Dallas, Texas | Toward constructing units of affordable housing for sober living | $300,000 |
Bridges To Life, Houston, Texas | Toward expanding an innovative program in the Lubbock region to reduce recidivism rates | $25,000 |
Buckner Children and Family Services, Dallas, Texas | Toward temporary housing for children in foster care during a placement shortage | $40,000 |
Catholic Charities of Dallas, Dallas, Texas | To repair urgently needed facilities and purchase additional COVID-19 testing kits | $164,000 |
Catholic Charities of the Rio Grande Valley, San Juan, Texas | Toward emergency humanitarian support for immigrants seeking asylum during the COVID-19 pandemic | $150,000 |
Catholic Charities of the Rio Grande Valley, San Juan, Texas | Toward emergency humanitarian support for immigrants seeking asylum during COVID-19 pandemic | $90,000 |
City House, Plano, Texas | Toward capital improvements of an emergency shelter for children, youth, and young adults in Collin County | $58,000 |
Connected Nation, Bowling Green, Kentucky | Toward continuing support for increasing access to broadband technology in rural Texas communities | $250,000 |
Connected Nation, Bowling Green, Kentucky | Toward continuing support for increasing access to broadband technology in rural Texas communities | $250,000 |
Court Appointed Special Advocates of Ellis County, Waxahachie, Texas | Toward completing construction of a new facility to support victims of abuse and neglect | $75,000 |
Dallas Eviction Advocacy Center (a fund of Dallas Social Venture Partners), Dallas, Texas | Toward legal support to prevent eviction of families impacted by COVID-19 | $50,000 |
Family Compass, Dallas, Texas | Toward staff to mentor families at risk of abusing and/or neglecting their children during the COVID-19 crisis | $50,000 |
Feeding Texas, Austin, Texas | Toward meeting increased demand for food during the COVID-19 health crisis in rural areas | $325,000 |
First3Years, Addison, Texas | Toward continued support of a project to reunify infants and toddlers in foster care with parents or family members | $125,000 |
The Food Bank of the Golden Crescent, Victoria, Texas | Toward renovating a building to double warehouse capacity and increase services during COVID-9 | $100,000 |
Frazier Revitalization Inc, Dallas, Texas | Toward improving housing conditions and health outcomes in a South Dallas neighborhood | $55,000 |
Housing Crisis Center, Dallas, Texas | Toward emergency operating support for programs serving individuals at risk of homelessness | $100,000 |
IEA Inspire Encourage Achieve, Beaumont, Texas | Toward a new program for juvenile offenders to encourage public service, civic engagement and reduce recidivism | $50,000 |
Meals On Wheels Ministry, Tyler, Texas | Toward increased operating expenses associated with COVID-19 | $50,000 |
Mercy Chefs, Portsmouth, Virginia | Toward feeding food insecure individuals and families in the Rio Grande Valley | $50,000 |
Metro Dallas Homeless Alliance, Dallas, Texas | Toward ending homelessness in Dallas County | $500,000 |
North Texas Veteran’s Relief Fund, Wichita Falls, Texas | Toward renovating a building as temporary housing for homeless veterans | $50,000 |
Operation FINALLY HOME, New Braunfels, Texas | Toward support for an innovative partnership between school districts and builders to provide housing for homeless veterans | $115,000 |
Opportunity Center for the Homeless, El Paso, Texas | Toward housing for elderly homeless women in El Paso | $50,000 |
PWA Coalition of Dallas, Dallas, Texas | Toward building a housing community to provide independent living for low-income individuals with HIV/AIDS | $50,000 |
Salvation Army Area Command, San Antonio, Texas | Toward replacing the Emergency Disaster Mobile Feeding Unit | $40,000 |
The Salvation Army of North Texas, Dallas, Texas | Toward meeting basic human needs of North Texans struggling with poverty, housing, and food insecurity as a result of COVID-19 | $150,000 |
The Salvation Army of North Texas, Dallas, Texas | Toward supporting relief operations related to Winter Storm Uri | $50,000 |
Texas Baptist Men, Dallas, Texas | Toward supporting relief operations related to Winter Storm Uri | $50,000 |
Trinity Park Conservancy for the Josephine Torres Cultural and Community Center Dallas, Texas | Toward the purchase and conservation of a community center | $132,800 |
United Way of Metropolitan Dallas, Dallas, Texas | Toward support of rental assistance for Dallas residents impacted by COVID-19 | $50,000 |
Val Verde Border Humanitarian Coalition, Del Rio, Texas | Toward purchasing a transport van | $35,000 |
Wilkinson Center, Dallas, Texas | Toward the food and emergency support program for low-income and at-risk families in Dallas County | $50,000 |
OUR PEOPLE
Board of Directors
Robert A. Meadows
Chairman of the Board of Trustees, Trustee & Director
Dawn Culbertson Peterson
Director
Linda Perryman Evans
Trustee & Director
Olin Lancaster III
Director
Eric Meadows
Trustee & Director
John Meadows
Director
Karen Meadows
Trustee & 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
Joel Williams III
Trustee & Director
Andrew Wilson
Director
Directors Emeriti
John W. Broadfoot
Judy B. Culbertson
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
Deborah Fitzpatrick
Vice President of Human Resources & Administration
Charles Glover
Managing Director of Grants
Tammy Hampton
Vice President of Human Resources & Administration
Paula N. Herring
Vice President & Treasurer
Robert A. Meadows
Vice President
Meghan Parry
Communications Director
Foundation Staff
Brandon Abbott
Information Systems Analyst
Zimo Banta
Director of Learning & Evaluation
Carol Brabham
Administrative Assistant
Luxor Brothers
Program Associate
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
Controller
Kimberly Flynn
Executive Assistant
Amanda Fransham
Program Associate
Tanya Fludd
Receptionist
Polly Garza
Senior Administrative Assistant
Patricia Glasgow
Financial Operations Manager
John Hardy
Property Assistant
Mary Jud
Program Coordinator
Bridgette Harper
Executive Assistant
Donny Hawkland
Property Assistant
Steven Herrera
Property Assistant
Regina Joseph
Receptionist
Michael K. McCoy
Senior Program Officer
Deanna Miller
Director of Information Technology
Destiny Nash
Meeting Coordinator
Raymond Pecchioni
Property Assistant
Frank Quintero
Facilities Coordinator
Heather Roberts
Projects Associate
Betty Roddy
Administrative Assistant
Helge Rokenes
Managing Director of Investments
Danny Schluter
Property Assistant
Kathy Smith
Senior Program Officer
Rosie Sosa
Senior Administrative Assistant
Catherine Stringer
Accounting & Finance Manager
Alfonso Telesca
Facilities Coordinator
Alayna Thomas
Human Resources Generalist
Lizette Villarreal
Program Associate
John Wagner
Systems Analyst
FINANCIAL STATEMENTS
December 31, 2021 and 2020
Statements of Financial Position
2021 | 2020 | ||
Assets | |||
Cash and cash equivalents | $ 2,482,353 | $ 679,912 | |
Investments | 751,696,250 | 649,350,248 | |
Investments loaned under securities lending agreement | - | 32,049,047 | |
Collateral received under securities lending agreement | - | 33,591,679 | |
Program-related investments, net | 22,884,917 | 22,396,441 | |
Fixed assets, net | 273,903 | 253,524 | |
Other assets | 165,278 | 426,124 | |
Total assets | $ 777,502,701 | $ 738,746,975 | |
Liabilities and Net Assets | |||
Accounts payable and accrued liabilities | $ 1,159,953 | $ 917,151 | |
Payable under securities lending agreement | - | 33,591,679 | |
Grants payable, net of discount | 32,345,562 | 34,405,177 | |
Accrued pension and postretirement benefits | 3,940,616 | 4,184,054 | |
Federal current and deferred tax payable | 609,317 | 776,295 | |
Total liabilities | 38,055,448 | 73,874,356 | |
Net assets without donor restrictions | |||
Designated for J.W. Bullion Fund | - | 457,509 | |
Designated for Robert Meadows Fund | 750,000 | 1,370,398 | |
Designated for Jack Hammack Fund | 375,000 | 639,752 | |
Designated for Linda P. Evans Fund | 825,000 | 1,086,275 | |
Designated for Mark Meadows Fund | 500,000 | 523,293 | |
Undesignated | 736,997,253 | 660,795,392 | |
Total net assets | 739,447,253 | 664,872,619 | |
Total liabilities and net assets | $ 777,502,701 | $ 738,746,975 | |
Statements of Activities
2021 | 2020 | |||
Investment Return | ||||
Dividends and interest | $ 5,366,609 | $ 6,933,451 | ||
Net realized gain/(loss) on investments | 126970242 | (9,801,149) | ||
Net unrealized (loss)/gain on investments | (14,342,511) | 39,338,143 | ||
Other income | 2,142,991 | 2,009,174 | ||
Investment and related fees | (10,336,178) | (9,124,323) | ||
Income and excise tax expense | (1,125,841) | (655,953) | ||
Investment return, net | 108,675,312 | 28,699,343 | ||
Grants and Operating Activities | ||||
Grants awarded | 22,783,665 | 19,873,348 | ||
Program-related expenses | 4,044,167 | 3,792,269 | ||
Direct charitable activities | 439,526 | 656,105 | ||
Grants management | 3,280,903 | 2,967,475 | ||
General management | 3,775,152 | 2,920,351 | ||
Total grants and operating activities | 34,323,413 | 30,209,548 | ||
Change in net assets from operating activities | 74,351,899 | (1,510,205) | ||
Nonoperating Activities | ||||
Pension and postretirement changes other than the service cost component of net periodic benefit cost | 222,735 | 35,745 | ||
Change in net assets without donor restrictions | 74,574,634 | (1,474,460) | ||
Net assets without donor restrictions, beginning of year | 664,872,619 | 666,347,079 | ||
Net assets without donor restrictions, end of year | $ 739,447,253 | $ 664,872,619 |
Statements of Cash Flows
2021 | 2020 | ||||
Cash flows from operating activities | |||||
Change in net assets | $ 74,574,634 | $ (1,474,460) | |||
Adjustments to reconcile change in net assets to net cash used in operating activities: | |||||
Depreciation | 886,461 | 877,409 | |||
Net realized (gain)/loss on investments | (126,970,242) | 9,801,149 | |||
Net unrealized loss/(gain) on investments | 14,342,511 | (39,338,143) | |||
Conversion of investment asset to program-related investment asset | 2,080,299 | - | |||
Pension and postretirement changes other than net periodic benefit cost | (202,093) | (82,179) | |||
Changes in operating assets and liabilities: | |||||
Decrease in other assets | 260,846 | 263,669 | |||
Increase in accounts payable and accrued liabilities | 242,802 | 439,443 | |||
(Decrease) in grants payable | (2,059,615) | (5,316,380) | |||
(Decrease) increase in deferred excise taxes payable | (166,978) | 373,451 | |||
(Decrease) increase in accrued pension and postretirement benefits | (41,345) | 19,480 | |||
Net cash used in operating activities | (37,052,720) | (34,436,561) | |||
Cash flows from investing activities | |||||
Proceeds from sales of investments | 588,630,870 | 198,466,190 | |||
Purchases of investments | (549,306,883) | (163,456,908) | |||
(Decrease) increase in cash collateral received under securities lending agreement | (33,591,679) | 16,105,615 | |||
Decrease (increase) in payable under securities lending agreement | 33,591,679 | (16,105,615) | |||
Investment in PRI loan | (200,000) | - | |||
Capital expenditures | (268,826) | (559,275) | |||
Net cash provided by investing activities | 38,855,161 | 34,450,007 | |||
Net increase in cash and cash equivalents | 1,802,440 | 13,446 | |||
Cash and cash equivalents, beginning of year | 679,912 | 666,466 | |||
Cash and cash equivalents, end of year | $ 2,482,352 | $ 679,912 | |||
Supplemental cash flow information | |||||
Income and excise tax paid, net of refunds | $ 1,018,578 | $ - | |||
Noncash items | |||||
Rent-free lease income | 2,136,530 | 1,999,120 | |||
Grants of free office space | 2,003,427 | 2,742,336 | |||
Conversion of investment asset to program-related investment asset | 2,080,299 | - |