2025-11-17T20:08:09-05:00 2024-12-31 873876083 GOWLAND MORALES & SMITH PLLC 555 N CARANCAHUA SUITE 1040 CORPUS CHRISTI TX 78401 990 2024-01-01 742190039 COASTAL BEND COMMUNITY FOUNDATION COAS 3618829745 555 N CARANCAHUA STREET SUITE 900 CORPUS CHRISTI TX 784010834 KAREN W SELIM PRESIDENT AND CEO 3618829745 2025-11-13 true false DAVID J MORALES P00029057 3619931000 2025-11-17 2024 2025-03-06 01:10:19Z KAREN W SELIM 555 N CARANCAHUA STE 900 CORPUS CHRISTI TX 78401 35379321 false X WWW.CBCFOUNDATION.ORG X 1980 TX TO ENHANCE THE QUALITY OF LIFE IN THE COASTAL BEND AREA OF TEXAS THROUGH CHARITABLE AND EDUCATIONAL GRANTS. 22 22 8 22243 21243 12427793 6566029 0 3749121 6084202 2306430 2659031 18483344 15309262 8722527 8964199 0 755692 843147 0 218266 1941422 2121608 11419641 11928954 7063703 3380308 138723755 154639110 12562641 14063323 126161114 140575787 TO ENHANCE THE QUALITY OF LIFE IN THE COASTAL BEND AREA OF TEXAS THROUGH CHARITABLE AND EDUCATIONAL GRANTS. false false 6404726 4369178 THE FOUNDATION MAKES GRANTS TO NONPROFIT ORGANIZATIONS TO IMPROVE THE QUALITY OF LIFE IN THE COASTAL BEND AREA OF TEXAS FROM UNRESTRICTED, FIELD-OF-INTEREST, DESIGNATED, SPECIAL PROJECT AND DONOR ADVISED FUNDS. 623018 569917 THE FOUNDATION PROVIDES SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS IN ACCORDANCE WITH THE TERMS OF THE APPROXIMATE 100 SCHOLARSHIP AND FELLOWSHIP FUNDS. 4078205 4025104 ON NOVEMBER 12, 2024 THE FOUNDATION HAD A ONE 24 HOUR PERIOD OF ONLINE GIVING OF DONATIONS CALLED THE "COASTAL BEND DAY OF GIVING", WHERE DONORS MATCHED THE FIRST 1.5 MILLION COLLECTED FOR 63 NONPROFITS IN THE COASTAL BEND SERVICE AREA. THE TOTAL AMOUNT GRANTED TO THE 63 NONPROFITS WAS 4,275,104 WHICH PROVIDED ASSISTANCE TO OVER 63,200 COASTAL BEND RESIDENTS. 11105949 true true false false false true false false false true true false false false true false true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true 7 0 true 8 true true true false false false false true true false false false false false false false false false false false X 22 22 false false false false false false false true true false false true true true true true true true true true true X X ALYSSA MONETTE 3618829745 555 N CARANCAHUA STE 900 CORPUS CHRISTI TX 78401 RICHARD SCANIO CHAIR 1.00 X X 0 0 0 HON KARIN KNOLLE VICE CHAIR 1.00 X X 0 0 0 PAMELA BROWER TREASURER/FI 1.00 X X 0 0 0 RICHARD LESHIN SECRETARY 1.00 X X 0 0 0 KAREN O'CONNOR URBAN PAST CHAIR 1.00 X X 0 0 0 SARAH FISHER DIRECTOR 1.00 X 0 0 0 KEN GRIFFIN DIRECTOR 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CHRISTI TX 78411 741157366 501C3 38829 PROGRAM SUPPORT 168 3 SCHOLARSHIPS 272 569917 X true true X X X false false false false false false false false false KAREN W SELIM PRESIDENT AND CEO 260000 13850 11614 285464 ALYSSA MONETTE DIRECTOR OF FINANCE 132500 7950 10313 150763 X 8 208385 STOCK MARKET QUOTATION false true true SCHEDULE M, PAGE 1, PART I, LINE 32B REPUTABLE UNRELATED REAL ESTATE AGENT USED TO SELL RESIDENTIAL AND COMMERCIAL REAL ESTATE. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY IS THEN PROVIDED TO STAFF FOR REVIEW. STAFF THEN PRESENTS IT TO THE BOARD'S EXECUTIVE COMMITTEE FOR REVIEW AND DISCUSSION. UPON ADOPTION BY THE EXECUTIVE COMMITTEE, IT IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, STAFF PROVIDES COPIES OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS AND STAFF. FOR NEW BOARD MEMBERS, THE POLICY IS PRESENTED AND DISCUSSED DURING THEIR ORIENTATION BRIEFING. AFTER REVIEW, ALL BOARD MEMBERS SIGN AND SUBMIT TO THE PRESIDENT A CERTIFICATION OF COMPLIANCE WITH THE POLICY, NOTING ANY POTENTIAL CONFLICTS THEY MAY HAVE, IF ANY. DURING COMMITTEE MEETINGS, BOARD MEMBERS ARE ASKED TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST IF THEY ARISE AND THOSE ARE DEALT WITH BY THE COMMITTEE CHAIRMAN AT THAT TIME. ALL STAFF MUST SUBMIT TO THE PRESIDENT A CERTIFICATION OF COMPLIANCE WITH THE POLICY, NOTING ANY POTENTIAL CONFLICTS THEY MAY HAVE, IF ANY ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD CHAIRMAN IS ANNUALLY PROVIDED WITH A COMPENSATION HISTORY FOR THE PRESIDENT/CEO. HE/SHE IS ALSO PROVIDED WITH A PERFORMANCE EVALUATION FORM TO COMPLETE FOR THE CEO AS WELL AS THE MOST RECENT SALARY COMPARABILITY DATA AVAILABLE FROM INDEPENDENT SOURCES, LIKE THE COUNCIL ON FOUNDATIONS. THESE DOCUMENTS ARE USED BY THE CHAIRMAN TO REVIEW THE PRESIDENT/CEO'S PERFORMANCE WITH THE EXECUTIVE COMMITTEE (IN EXECUTIVE SESSION) AND TO DETERMINE A COMPENSATION AMOUNT FOR THE CEO FOR THE UPCOMING BUDGET YEAR. IF AN INCREASE IN SALARY IS SUGGESTED, IT IS BROUGHT BEFORE THE FULL BOARD OF DIRECTORS (IN EXECUTIVE SESSION) FOR DISCUSSION AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B FOR KEY EMPLOYEES, THE PROCESS IS SIMILAR TO THE PRESIDENT/CEO EXCEPT THAT THE INDEPENDENT REVIEW OFFICIAL IS THE PRESIDENT/CEO. COMPARABLE SALARY INFORMATION PROVIDED BY THE COUNCIL ON FOUNDATIONS AS WELL AS PERFORMANCE APPRAISAL INFORMATION IS USED TO EVALUATE ALL EMPLOYEES. THE TOTAL SALARY BUDGET LINE IS APPROVED BY THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE AND THE FULL BOARD OF DIRECTORS. THEREAFTER THE PRESIDENT/CEO DETERMINES ANY SALARY ADJUSTMENTS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO PUBLISHED IN THE FOUNDATION'S ANNUAL REPORT, WHICH IS AVAILABLE ONLINE. FORM 990, PART XI, LINE 9 ADJUSTMENT TO AFS BEG NET ASSETS 46