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Ed Foundation is a private corporation based in JOHNSON CITY, TX. The foundation received its IRS ruling in 1997. The principal officer is Kathy Ashall. It holds total assets of $100.3M. Annual income is reported at $49.7M. Total assets have decreased from $121.4M in 2011 to $87.7M 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 2016 to 2023. The foundation primarily funds organizations in Texas and Virginia. According to available records, Ed Foundation has made 78 grants totaling $17.3M, with a median grant of $25K. The foundation has distributed between $4M and $8.4M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $8.4M distributed across 34 grants. Individual grants have ranged from $1K to $3.7M, with an average award of $222K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in Texas, Michigan, Virginia, which account for 64% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$50K
Average Grant
$196K
Largest Grant
$3.4M
Based on 25 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.
Ed Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in TX, MI, VA.
Ed Foundation has distributed a total of $17.3M across 78 grants. The median grant size is $25K, with an average of $222K. Individual grants have ranged from $1K to $3.7M.
Ed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ed Foundation is headquartered in JOHNSON CITY, TX. While based in TX, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeff Sandefer | PRESIDENT | $0 | $0 | N/A |
| Juan Bonifasi | DIRECTOR | $0 | $0 | N/A |
| Laura Sandefer | SECRETARY & DIRECTOR | $0 | $0 | N/A |
Total Giving
$4.1M
Total Assets
$87.7M
Fair Market Value
$83.4M
Net Worth
$87.7M
Grants Paid
$4M
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$4.1M
Total: $2.3M
Total Grants
78
Total Giving
$17.3M
Average Grant
$222K
Median Grant
$25K
Unique Recipients
42
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL SUPPORT | Johnson City, TX | $25K | 2023 |
| New Horizons FoundationGENERAL SUPPORT | Colorado Springs, CO | $5K | 2022 |
| Acton School Of BusinessGENERAL SUPPORT | Austin, TX | $3.2M | 2023 |
| Navy Seal FoundationGENERAL SUPPORT | Virginia Beach, VA | $150K | 2023 |
| Philanthropy RoundtableGENERAL SUPPORT | Washington, DC | $100K | 2023 |
| Gazelle FoundationGENERAL SUPPORT | Austin, TX | $50K | 2023 |
| Acton Foundation For Entrepreneurship Education And Religious FreedomGENERAL SUPPORT | Johnson City, TX | $50K | 2023 |
| Christian Care MinistryGENERAL SUPPORT | Melbourne, FL | $50K | 2023 |
| Marine Corps Scholarship FoundationGENERAL SUPPORT | Alexandria, VA | $50K | 2023 |
| Mayo ClinicGENERAL SUPPORT | Rochester, MN | $50K | 2023 |
| National Microschooling CenterGENERAL SUPPORT | Las Vegas, NV | $25K | 2023 |
| Foundation For Economic EducationGENERAL SUPPORT | Atlanta, GA | $25K | 2023 |
| International Documentary AssociationGENERAL SUPPORT | Los Angeles, CA | $25K | 2023 |
| Mercatus CenterGENERAL SUPPORT | Arlington, VA | $25K | 2023 |
| Social Evolution IncGENERAL SUPPORT | Austin, TX | $25K | 2023 |
| The Legatum Institute FoundationGENERAL SUPPORT | London | $25K | 2023 |
| Hometown MissionsGENERAL SUPPORT | Dripping Springs, TX | $12K | 2023 |
| Friends Of Ufm IncGENERAL SUPPORT | Mclean, VA | $10K | 2023 |
| Prison FellowshipGENERAL SUPPORT | Landsdowne, VA | $10K | 2023 |
| Impact India 360GENERAL SUPPORT | Troy, MI | $10K | 2023 |
| Acton InstituteGENERAL SUPPORT | Grand Rapids, MI | $150K | 2022 |
| Wayforward Adventures IncGENERAL SUPPORT | Richardson, TX | $25K | 2022 |
| DonorstrustGENERAL SUPPORT | Alexandria, VA | $25K | 2022 |
| Foundation For Research On Equal OpportunitiesGENERAL SUPPORT | Austin, TX | $25K | 2022 |
| Carmel Presbyterian ChurchGENERAL SUPPORT | Charlotte, NC | $6K | 2022 |
| Pregnancy Resource Center IncGENERAL SUPPORT | Glenwood Springs, CO | $5K | 2022 |
| American Council Of Trustees And AlumniGENERAL SUPPORT | Washington, DC | $5K | 2022 |