The mission of Waco Foundation is to promote solutions to community challenges, strengthen local nonprofits, engage philanthropists and manage charitable assets in order to improve quality of life in McLennan County.

As the community foundation for McLennan County, we focus on the four areas of our mission:

Waco Foundation was established in 1958 with a $30,000 gift from R.B. and Edith Heinze Parrot to ensure the vitality and longevity of the Waco community. Today the Foundation manages more $100 million in charitable assets in the form of agency endowments, scholarships and community and donor advised funds, all for the benefit of the community.

To learn more about Waco Foundation's history and legacy donors, please explore our timeline.

“The first couple of years were spent working out details about how we were going to operate. We spent a lot of time letting the community know about the Foundation and its mission. We took awarding grants very seriously and we would have long discussions about which organizations should get them. In 1963, we presented our first grant to the Cherry Street YWCA for playground improvements.”

- JOE L. WARD, JR., TRUSTEE, 1959-1983

Download our annual report