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The Art of Giving

The Art of Giving

Linda and Bob Buford donate art to CFT to use proceeds for charitable good

 When Linda and Bob Buford purchased a contemporary painting in New York 27 years ago, little did they realize it would produce so many rewards. The large painting by abstract expressionist painter Joan Mitchell, with its active brush strokes and vibrant yellows and blues, captured the spirit of the bright, sunny landscapes of the South of France. Along with another work by the same artist, the painting hung in the Bufords’ guest bedroom where Bob often read and admired the two favorites from their art collection.

Last summer, the Bufords’ insurance agent requested that the couple get a new appraisal of the Mitchell paintings. “The appraisal came back at 50 times what we paid for those two pictures in 1981,” Bob said. “We were stunned!”

With the new appraisal, the Bufords began to think of the paintings more as an investment that had appreciated than as beautiful artwork, and they worried about how light and humidity might affect their value. One night over dinner, Bob said to Linda, “Let’s give the paintings to your donor-advised fund at Communities Foundation of Texas.  If CFT can sell the art at auction, then you’ll be able to recommend more grants for the causes you care about.” Linda readily agreed. And she added, “Wouldn’t it be fun to go to the auction and see what happens?”

The Bufords donated the paintings to CFT, which handled the details necessary for selling the paintings at the fall contemporary art auction at Sotheby’s. That included working on details of the consignment agreement, insuring the paintings and arranging for them to be transported to New York by mid-August in order to be photographed for Sotheby’s art catalog. The auction house devoted a two-page spread to the larger Mitchell painting.

Despite turmoil in the financial markets, the fall art auction season remained strong, aided by a weak dollar and expanding wealth from developing nations. The Bufords treated themselves to a trip to New York and attended the auction. Needless to say, they were delighted when there was a great deal of interest during bidding for the paintings.

The Bufords’ donation of the art has left them much to look forward to in the future. One is the empty wall in their house, which they plan to fill with the work of an emerging artist. Even better is knowing the two paintings provided philanthropic dollars to Linda’s donor-advised fund at CFT. “I’m excited about the opportunities I’ll have to recommend grants to charitable organizations I care about,” she said. “We enjoyed the paintings for many years, and now we can experience more joy by using their value to help others.”

Inclusion Matters

Inclusion Matters

CFT launches #IAMPEARL FUND in honor of Pearl C. Anderson


CFT’s first six-figure gift came from an African American woman named Pearl C. Anderson. Pearl grew up in rural Louisiana during the days of racial segregation and was prohibited from going to school until the age of 12, when a school for Black children was finally built a few miles from her home.

Legacy Matters

Legacy Matters

Lange family supports their passions long after their lifetime through CFT


One of the things that matters most to us in building a thriving community is growing community giving over the long term. CFT’s Live Oak Society was established in 2018 to recognize individuals and families who have created a legacy with CFT through a planned gift in their will or estate to their donor-advised fund or to support CFT’s discretionary grantmaking. To date, more than 70 individuals and couples have joined CFT’s Live Oak Society.

Love Matters

Love Matters

Allyson Bohannon Goldman Memorial Fund at CFT honors a heart for service


In 2020, Jody Goldman and Steve and Sharon Bohannon established the Allyson Bohannon Goldman Memorial Fund at CFT. During the COVID-19 pandemic, Allyson Bohannon Goldman passed away unexpectedly at age 30 from a postpartum blood clot seven weeks after giving birth to her daughter, Caroline. “In her 30 years, she left an indelible mark on those who knew her. In addition to being a wonderful mother, wife, daughter, sister, and friend, she lived a life of service to others,” said Sharon Bohannon, Allyson’s mother.

Education Matters

Education Matters

CFT's Educate Texas reimagines learning environments


In the United States, 65% of future jobs will require higher education, but only 39% of Texans have earned a college degree or workforce credential. To help prepare students for college and career pathways, Educate Texas’ Science, Technology, Engineering, and Math (STEM) programs bring together state agencies and school districts to strengthen instruction and academics in K-12 schools and build relationships with industry experts.

Generosity Matters

Generosity Matters

Bhatia Family Foundation supports CFT's NTX Giving Day in a big way


CFT’s North Texas Giving Day–the largest community-uniting, generosity-raising giving event in the nation – is a time for celebration, joy, and GIVING! Each September, thousands of nonprofits (this year, more than 3,300!) are supported by the givers in the North Texas region–and friends from around the world–who prioritize lifting the life-changing work done by incredible North Texas organizations every single day. This year, NTX Giving Day marked its 13th annual celebration and broke another record, raising $66 million by way of more than 100,000 donors!

Partnership Matters

Partnership Matters

CFT's philanthropic consulting connects donors to nonprofits


One of the services that CFT provides to individuals, families, and businesses is philanthropic consulting. We recently helped connect a family, who prefers to keep their generosity anonymous, to nonprofits working in the cause areas that matter most to them: literacy and economic mobility.

Opportunity Matters

Opportunity Matters

Denbury Scholarship Fund at CFT provides educational opportunities for employees and their families.


Chris and Eileen Kendall have recently established two charitable funds at CFT: The Denbury Scholarship Fund and The Kendall Family Charitable Fund, a donor-advised fund.

Leadership Matters

Leadership Matters

Jain Foundation Fund at CFT supports causes locally and globally


Anurag and Gunjan Jain are leaders in many community initiatives, one of the most recent being Get Shift Done. One of their shared passions is taking care of people who are hungry, and they’ve been supporting the North Texas Food Bank in a variety of ways for more than a decade. Anurag is a former board chair, and Gunjan has served on capital campaign committees and helped create a “Kids Against Hunger” campaign. Currently, Gunjan serves on CFT’s board of trustees and has been involved with the Global Fund for Children for many years, both locally and globally.

Equity Matters

Equity Matters

Two nonprofits lead the way with new programs to advance equity


Advancing community equity is key to building thriving communities for all. Two equity focused organizations and their new programs we’ve recently invested in are creating big impact for community members of color.

Collaboration Matters

Collaboration Matters

Five health-focused nonprofits partner with CFT to create a Community of Practice


To address community needs during the COVID-19 public health crisis, CFT launched a funding opportunity for organizations addressing vaccine hesitancy, aiming to reduce transmission of the virus in urban and rural communities. We also wanted to help nonprofits build community trust and learn if culturally relevant, grassroots approaches to vaccine education and deployment could make a difference in these communities.

Compassion Matters

Compassion Matters

More than 100 organizations unite $72MM initiative toward ending homelessness in our country


The number of local people experiencing homelessness has increased significantly in the last several years, with a 50 percent increase between 2017 to 2020 and an additional 11 percent jump from 2019 to 2020.

Community Matters

Community Matters

CFT invests in public parks to advance community equity


Our vision of thriving communities for all hinges on our ability to advance community equity. One of our intentional investments from our discretionary funds focused on advancing equity is the creation and expansion of public parks. We’ve been investing in parks since our founding in the 1950s, including significant investments in Klyde Warren Park.

Giving with Meaning

Giving with Meaning

The Ashish & Mona Khanna Family Charitable Gift Fund at CFT


“Giving toward a passion brings home a different message. You see the long-term rewards from investing locally and in an area that holds a special place in your heart. Working with CFT has been incredibly rewarding, because the internal satisfaction that comes when you give with meaning is unparalleled.” – Ashish and Mona Khanna

Leaving Legacies of Love: Future Newlyweds Rise to the Occasion

Leaving Legacies of Love: Future Newlyweds Rise to the Occasion

Newlyweds open a charitable giving fund for their guests to make a charitable donation in lieu of a gift.


“We were so excited to tell our parents about our charitable fund. They are deeply proud of our choice. The response from our friends and family has been extremely positive,” said Sarah.

Leaving Legacies of Love: The Cole Wehunt Fund

Leaving Legacies of Love: The Cole Wehunt Fund

Parents honor late son's legacy through fund at CFT


“Cole inspired giving. He was such a generous person. We wanted to give back to our community because North Texas was Cole’s home and where he thrived growing up,” said Kay.