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Fxm Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2022. It holds total assets of $528K. Annual income is reported at $4K. The foundation is governed by 5 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 2021 to 2024. According to available records, Fxm Foundation has made 22 grants totaling $340K, with a median grant of $7K. Individual grants have ranged from $1K to $64K, with an average award of $15K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Texas, Idaho, Colorado, which account for 73% of all grants. Grantmaking reaches organizations across 4 states. 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.
Fxm 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, ID, CO.
Fxm Foundation has distributed a total of $340K across 22 grants. The median grant size is $7K, with an average of $15K. Individual grants have ranged from $1K to $64K.
Fxm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fxm Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Francisco Javier Morales Carrillo | CEO | $0 | $0 | N/A |
| Gloria Angelica Mercado De Morales | DIRECTOR | $0 | $0 | N/A |
| Ruth Morales Mercado | CFO | $0 | $0 | N/A |
| Miriam Angelica Morales Mercado | DIRECTOR | $0 | $0 | N/A |
| Ana Priscila Morales Mercado | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$528K
Fair Market Value
N/A
Net Worth
$528K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$340K
Average Grant
$15K
Median Grant
$7K
Unique Recipients
11
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Global FellowshipCHARITABLE | Houston, TX | $3K | 2022 |
| Spanish Bible FellowshipCHARITABLE | Sugarland, TX | $64K | 2022 |
| Second Baptist ChurchCHARITABLE | Houston, TX | $27K | 2022 |
| Centro Familiar CristianoCHARITABLE | Sugarland, TX | $24K | 2022 |
| Bethel EchegarayRELIGIOUS | — | $24K | 2022 |
| Mission AviationCHARITABLE | Nampa, ID | $7K | 2022 |
| Guillermo Villanueva MinistriesCHARITABLE | Mccallen, TX | $7K | 2022 |
| Grace Ministries IntCHARITABLE | Houston, TX | $5K | 2022 |
| World VentureCHARITABLE | Englewood, CO | $5K | 2022 |
| Servicios Educativos Bilder ScCHARITABLE | — | $4K | 2022 |
| Global Freedom ConceptsCHARITABLE | Las Vegas, NV | $1K | 2022 |