Supporting Texas communities
One of the missions of the Texas Bankers Foundation is to serve and support Texas communities. The Foundation has made donations to organizations to support this mission and has also coordinated the collection and distribution of donations from Texas banks, bankers and companies for Texas communities in need. One hundred percent of the contributions received for special fund drives went directly to the designated organizations and funds.
Military Warriors Support Foundation
In April 2015, the Texas Bankers Foundation (TBF) made a $20,000 donation to the Military Warriors Support Foundation (MWSF). One of the MWSF’s programs is Homes 4 Wounded Heroes, which awards mortgage-free homes to wounded heroes injured during combat in service to their country. A unique component of the Homes 4 Wounded Heroes program is a three-year mentorship that provides the new homeowner with family and financial counseling. A home, donated by Wells Fargo, was awarded to wounded war hero Jason Livingston, his wife Brandy and their five children. The TBF’s donation will cover the family’s mentorship.
West Fertilizer Plant Explosion
Members of the Texas banking community came together following the fertilizer plant explosion in West, Texas in April 2013. More than $163,000 was raised for the Victims of the West Explosion Fund, which was used to support the unmet needs of the victims.
Texas Bankers Fire Relief Fund
In the fall of 2011, when wildfires destroyed many areas of the state, the Texas Bankers Association and the Independent Bankers Association of Texas set up the Texas Bankers Fire Relief Fund. One hundred percent of the donations received went to the Texas chapters of the American Red Cross and the Texas Wildfire Relief Fund that supported Texas volunteer fire departments; a total of $67,680 was raised.
The Texas Bankers Foundation is a not-for-profit organization designated as a 501 (c)(3). All corporate and personal contributions to these funds were tax deductible.