Financial Information

CBCF 9 About Us 9 Financial Information

Among the fiduciary responsibilities CBCF holds to donors, none is more important than the prudent investment of assets. In addition to our Board of Directors, the Foundation’s investments are overseen by the Foundation’s Investment Committee and investment manager Fund Evaluation Group, LLC of Dallas, Texas.

The Foundation maintains an investment portfolio that is

  • Highly diversified to protect against market volatility
  • Focused on long-term returns within acceptable risk tolerances
  • Regularly monitored to evaluate both asset allocation and investments

The Foundation also strives to keep its administrative costs low. For 2012, the ratio of support expenses to average net assets was 0.95%.

  • Click here for the 2021 audited financial statements of the Coastal Bend Community Foundation
  • Click here for the 2021 IRS Form 990 for the Coastal Bend Community Foundation.


The Mission of the Foundation is to improve the quality of life in the Coastal Bend by building community endowment and addressing social, educational, environmental, and cultural needs through the awarding of grants and scholarships.

The Foundation’s Vision is to provide the Coastal Bend with:

  • Efficient gift options to meet donors’ charitable wishes
  • Effective grants to charitable organizations and scholarships to students
  • Ethical leadership to promote and enhance area philanthropy



CB Day of Giving