//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Engasser Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $1.3M. Annual income is reported at $206K. Total assets have grown from $623K in 2020 to $1.2M in 2023. The foundation is governed by 4 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. According to available records, Engasser Family Foundation has made 23 grants totaling $265K, with a median grant of $5K. Annual giving has decreased from $80K in 2020 to $38K in 2023. Individual grants have ranged from $1K to $50K, with an average award of $12K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and Tennessee and California. Contributions to this foundation are tax-deductible.
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.
Engasser Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in TX, TN, CA.
Engasser Family Foundation has distributed a total of $265K across 23 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $1K to $50K.
Engasser Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Engasser Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary R Engasser Ii | Dir, Pres, Treas | $0 | $0 | N/A |
| Kathy D Engasser | Dir, Sec | $0 | $0 | N/A |
| Kristen N Engasser | VP | $0 | $0 | N/A |
| Lauren A Engasser | VP | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$1.2M
Fair Market Value
$1.3M
Net Worth
$1.2M
Grants Paid
$38K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$58K
Total: $1.2M
Total Grants
23
Total Giving
$265K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Purevn IncGeneral & Unrestricted | Fort Worth, TX | $20K | 2023 |
| Sportmens Club Of Fort WorthGeneral & Unrestricted | Fort Worth, TX | $10K | 2023 |
| Mission 615General & Unrestricted | Nashville, TN | $3K | 2023 |
| Beautiful Feet Church Sbc IncGeneral & Unrestricted | Fort Worth, TX | $2K | 2023 |
| Evangelistic Missionary Crusades IncGeneral & Unrestricted | Los Angeles, CA | $2K | 2023 |
| The Maverick Boys And Girls Club Of Amarillo IncGENERAL & UNRESTRICTED | Amarillo, TX | $1K | 2023 |
| Gateway ChurchHeart for the Kingdom | Southlake, TX | $30K | 2021 |