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Bernard Foundation is a private corporation based in TYLER, TX. The foundation received its IRS ruling in 2007. The principal officer is % Mildred H Grinstead. It holds total assets of $16.1M. Annual income is reported at $705K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bernard Foundation has made 22 grants totaling $840K, with a median grant of $45K. Annual giving has grown from $65K in 2020 to $655K in 2022. Individual grants have ranged from $1 to $100K, with an average award of $38K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Bernard Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in TX.
Bernard Foundation has distributed a total of $840K across 22 grants. The median grant size is $45K, with an average of $38K. Individual grants have ranged from $1 to $100K.
Bernard Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bernard Foundation is headquartered in TYLER, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay H Grinstead | Vice President | $0 | $0 | $0 |
| George Trey Henderson Iii | President | $0 | $0 | $0 |
| Richard W Jett Jr | Director | $0 | $0 | $0 |
| Stewart Henderson | SEC/TREASURER | $0 | $0 | $0 |
Total Giving
$778K
Total Assets
$16.5M
Fair Market Value
$16.7M
Net Worth
$16.5M
Grants Paid
$760K
Contributions
$0
Net Investment Income
$378K
Distribution Amount
$795K
Total: $11.3M
Total Grants
22
Total Giving
$840K
Average Grant
$38K
Median Grant
$45K
Unique Recipients
12
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sarah'S Hope Charitable And EducatiGENERAL SUPPORT | Lufkin, TX | $75K | 2022 |
| Texas Conservation AllianceLUFKIN INITIATIVE | Dallas, TX | $60K | 2022 |
| Christus Trinity Mother Frances FouGENERAL SUPPORT | Tyler, TX | $52K | 2022 |
| Monuments Men FoundationGENERAL SUPPORT | Dallas, TX | $50K | 2022 |
| Angelina County Exposition Center IGENERAL SUPPORT | Lufkin, TX | $50K | 2022 |
Other foundations that have funded Bernard Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Baker Hughes Foundation | $100 | 2023 | GENERAL SUPPORT |
| Arlene And Joseph Meraux Charitable Foundation | $2K | 2022 | DONATION |
| Arlene And Joseph Meraux Charitable Foundation | $2K | 2022 | DONATION |
| The Eisner Foundation Inc. | $5K | 2021 | GENERAL |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Hospice Of East Texas FoundationGENERAL SUPPORT | Tyler, TX | $40K | 2022 |
| MiscellaneousCHARITABLE | Tyler, TX | $4 | 2022 |
| The University Of Texas At TylerENDOWMENT - MEDICAL SCHOOL | Tyler, TX | $100K | 2021 |
| Angelina CollegePROJECT: MEET THE ROADRUNNERS | Lufkin, TX | $10K | 2020 |
| George H Henderson Jr Exposition CeGENERAL SUPPORT | Lufkin, TX | $5K | 2020 |
| East Texas Food BankSOCIAL ASSISTANCE | Tyler, TX | $5K | 2020 |
| Ut Health Science Center At TylerGENERAL SUPPORT | Tyler, TX | $5K | 2020 |
| $200 |
| 2021 |
| GENERAL SUPPORT |
| Baker Hughes Foundation | $200 | 2021 | GENERAL SUPPORT |
| The Eisner Foundation Inc. | $5K | 2020 | GENERAL |
HOUSTON, TX
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