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Castex Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2002. The principal officer is John R Stoika. It holds total assets of $7.9M. Annual income is reported at $2.5M. Total assets have decreased from $14M in 2011 to $8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, Castex Foundation has made 21 grants totaling $2.3M, with a median grant of $23K. Annual giving has grown from $330K in 2020 to $1.3M in 2023. Individual grants have ranged from $1K to $915K, with an average award of $108K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Texas and Louisiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$100K
Average Grant
$110K
Largest Grant
$205K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Castex Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in TX, LA.
Castex Foundation has distributed a total of $2.3M across 21 grants. The median grant size is $23K, with an average of $108K. Individual grants have ranged from $1K to $915K.
Castex Foundation typically selects its grantees rather than accepting unsolicited proposals.
Castex Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald E Rinard | VICE PRESIDENT | $0 | $0 | N/A |
| Laura P Holeman | SECRETARY/TREASURER | $0 | $0 | N/A |
| John R Stoika | PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$8M
Fair Market Value
$8.2M
Net Worth
$8M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$239K
Distribution Amount
$410K
Total: $7.7M
Total Grants
21
Total Giving
$2.3M
Average Grant
$108K
Median Grant
$23K
Unique Recipients
10
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Star Of HopeTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $915K | 2023 |
| Literacy NowTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $338K | 2023 |
| Trees Of HopeTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $25K | 2023 |
| Lifehouse Of HoustonTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $13K | 2023 |
| Main Street MinistriesTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $10K | 2023 |
| Tomball Texas MayhemTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Tomball, TX | $1K | 2023 |
| RedimirTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Spring, TX | $7K | 2022 |
| Star Of Hope MissionTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $50K | 2021 |
| King'S AcademyTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Houston, TX | $3K | 2021 |
| Christian Community OutreachTO SUPPORT THE CHARITABLE UNDERTAKING OF THE DONEE | Broussard, LA | $2K | 2021 |