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Acs Family Foundation Inc. is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2002. The principal officer is % Forvis Llp. It holds total assets of $2.2M. Annual income is reported at $1.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Acs Family Foundation Inc. has made 7 grants totaling $2.4M, with a median grant of $33K. Annual giving has decreased from $2.3M in 2021 to $10K in 2023. Individual grants have ranged from $1K to $2.2M, with an average award of $340K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Florida and Texas. Contributions to this foundation are tax-deductible.
Acs Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in FL, TX.
Acs Family Foundation Inc. has distributed a total of $2.4M across 7 grants. The median grant size is $33K, with an average of $340K. Individual grants have ranged from $1K to $2.2M.
Acs Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Acs Family Foundation Inc. is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alex C Smith | Director/PRESIDENT | $0 | $0 | $0 |
| Connor Lincoln Smith | Director/VP/Treasurer | $0 | $0 | $0 |
| Annika Lindsay Smith | Director/VP/Secretary | $0 | $0 | $0 |
Total Giving
$34K
Total Assets
$1.1M
Fair Market Value
$2.8M
Net Worth
$1.1M
Grants Paid
$10K
Contributions
$11K
Net Investment Income
$0
Distribution Amount
$122K
Total: $1.1M
Total Grants
7
Total Giving
$2.4M
Average Grant
$340K
Median Grant
$33K
Unique Recipients
3
Most Common Grant
$33K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dell Children'S Medical Center Of Central TexasGENERAL SUPPORT | Austin, TX | $10K | 2023 |
| Schwab Charitable Fundgeneral support | Orlando, FL | $2.2M | 2021 |
| University Of Texas At AustinGENERAL SUPPORT | Austin, TX | $1K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
HOUSTON, TX
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