Notley Foundation
Overview
Mission
Community Foundations
What it reported funding in 2024
The foundation reported 3 grants totaling $25,104. The stated grant purposes included promote public understanding of, and engagement in, local public and and governmental issues., mobilize ideas and resources to strengthen central texas by closing the opportunity gap through advancing economic mobility and housing affordability, creating a vibrant and equitable commlunity where everyone can thrive., and create and mantain an extraordinary urban park system and a restored waller creek in partnership with the city of austin, benefiting all.
Operating model
- Revenue model
- Mixed. The foundation's positive operating resources came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The foundation carried out 96% of its reported charitable disbursements directly.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
Nonprofit profile at a glance
- EIN
- 475295639
- IRS 990-PF coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2015, Form 990-PF 2024, Form 990-T 2024
- Headquarters
- Austin, TX, USA
- Phone
- 5743704506
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Community Foundations
The verdict
SUPPORTED - A large share of available resources goes to charitable grants and the filing identifies who received its grants. A relatively small share of spending goes to grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 2
- Transparency: 100
- Compliance: 90
- Endowment Health: 96
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 92nd percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 2.2%; rating input score 2; 8th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 15 of 19 controls in place; rating input score 79
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Fail
- Goods, services, or facilities involving a disqualified person: Fail
- Compensation paid to a disqualified person: Fail
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Fail
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 76.46; rating input score 96; 96th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 96th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 annual filings from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 38 filed money-flow records
- Related organizations: 24 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.