Communities Foundation of Texas, a public charity founded in 1953, works closely with donors, nonprofits and other funding organizations. CFT improves lives by receiving charitable gifts, managing assets responsibly and making effective grants. As the largest community foundation in Texas and one of the largest in the country, CFT professionally manages more than 800 component funds. The foundation has combined assets of more than $750 million, and it has distributed more than $900 million in charitable grants since its inception.
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