501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $651K a year · 39% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Plus $4.2M in investments, Pt X · Ln 11–13
Looks good: 8.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $13K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
Spent
$892K
To programs
88%
Net assets
$4.9M
By yearFY2020–FY2025
Revenue
$2.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$813K
FY2022$3.5M
FY2023$1.2M
FY2024$913K
FY2025$1.7M
Expenses
$892K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$892K
FY2021$883K
FY2022$1.5M
FY2023$990K
FY2024$793K
FY2025$1.0M
Net assets
$4.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.9M
FY2021$5.5M
FY2022$6.8M
FY2023$7.4M
FY2024$8.1M
FY2025$9.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $788K Management & general 8% · $72K Fundraising 4% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Sec/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Emeritus
$0Pt VII · Sec A

Don Comedy’s $42K as Executive Director is at the 5th percentile of top reported officer pay among 1691 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Don Comedy$42,000$72,000$72,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Texas Masonic Charities Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Texas Masonic Charities Foundation is a public foundation based in Waco, TX.

Questions for Texas Masonic Charities Foundation

Tap to ask. Texas Masonic Charities Foundation sees how many people are interested.

Your first name shows with your question. Texas Masonic Charities Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $788K · in their own filed words · FY2020
01

Grants to lodges for college scholarships for high school graduates in texas

$734Kprogram expense
02

Grants to lodges for other charitable endeavors

$54Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$13K
Grants paid · 10 grants · $4.2M · 2021–2025
Unitemized GrantFY2025$786,250
Individual RecipientFY2025$60,625
Unitemized GrantFY2024$543,500
Individual RecipientFY2024$33,800
Unitemized GrantFY2023$789,455
Individual RecipientFY2023$32,210
Unitemized GrantFY2022$1,222,975
Individual RecipientFY2022$66,369
Unitemized GrantFY2021$636,191
Individual RecipientFY2021$48,770

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$90K
Money outPt IX
$892K
Ln 25
Programscol B$788K
Managementcol C$72K
Fundraisingcol D$32K
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$628K
Total assetsLn 16$4.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$90K
Gains on assetsLn 7−$100K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$329K
SavingsLn 2$299K
Cash and savings togetherLn 1–2$628K
InvestmentsLn 11–13$4.2M
Total assetsLn 16$4.9M
LiabilitiesLn 26$0
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 51
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.1M$628K
InvestmentsLn 11–13$2.2M$4.2M
Total assetsLn 16$3.3M$4.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.3M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$741K$741K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$72K$30K$30K$12K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10−$3K−$1K−$1K−$405
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Investment management feesLn 11f$19K$19K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$31K$13K$13K$5K
Information technologyLn 14$6K$6K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$22K$6K$736$15K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$892K$788K$72K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.0M$646K$9.6M 990 PDF
FY2024 $913K$793K$120K$8.1M 990 PDF
FY2023 $1.2M$990K$194K$7.4M 990 PDF
FY2022 $3.5M$1.5M$2.0M$6.8M 990 PDF
FY2021 $813K$883K−$70K$5.5M 990 PDF
FY2020 Viewing $2.0M$892K$1.1M$4.9M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,950,690 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,763,482$1,961,266
I-9 Program service revenue$0
I-10 Investment incomePrior year $72,284−$10,576
I-11 Other revenuePrior year $174,879$0
I-12 Total revenuePrior year $2,010,645$1,950,690
I-13 Grants and similar amounts paidPrior year $565,289$740,767
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $77,955$69,461
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $120,137$81,725
I-18 Total expensesPrior year $763,381$891,953
I-19 Revenue less expensesPrior year $1,247,264$1,058,737
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,950,690 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,961,266
VIII-1h Total contributions, gifts and grants$1,961,266
VIII-3 Investment income$89,722
VIII-7 Net gain or loss on sales of assets−$100,298
VIII-12 Total revenue$1,950,690
Part IX · Statement of functional expenses $891,953 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $740,767$740,767
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $30,000 · Management $30,000 · Fundraising $12,000$72,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms −$1,067 · Management −$1,067 · Fundraising −$405−$2,539
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $2,245$2,245
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $19,235$19,235
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $12,840 · Management $12,840 · Fundraising $4,892$30,572
IX-14 Information technologyManagement $6,317$6,317
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $5,598 · Management $736 · Fundraising $15,462$21,796
IX-24e All other expensesManagement $1,560$1,560
IX-25 Total functional expensesPrograms $788,138 · Management $71,866 · Fundraising $31,949$891,953
Part X · Balance sheet $4,863,464 assets, 7 lines filed
X-1 Cash, non-interest-bearing$328,965
X-2 Savings and temporary cash investmentsStart of year $1,060,567$299,367
X-11 Publicly traded securitiesStart of year $2,237,872$4,235,132
X-16 Total assetsStart of year $3,298,439$4,863,464
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $3,298,439$4,863,464
X-33 Total liabilities and net assetsStart of year $3,298,439$4,863,464
Part XI · Reconciliation of net assets $4,863,464 net assets at year end
XI-1 Total revenue$1,950,690
XI-2 Total expenses$891,953
XI-3 Revenue less expenses$1,058,737
XI-4 Net assets at start of year$3,298,439
XI-5 Net unrealized gains (losses) on investments$506,288
XI-10 Net assets at end of year$4,863,464

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.